3 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 226026257

$300,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

3911 NW 40 Lane, Cape Coral, FL, 33993

3 beds2 baths1,363 sqft2 garage

About this home

One or more photo(s) has been virtually staged, AI generated or rendered. Excellent opportunity in desirable Cape Coral! This well-maintained home is available for rent or purchase, giving you the flexibility to lease now or make it your own. Whether you're looking for a comfortable residence or planning to buy, this property offers spacious living areas, a great location, and easy access to shopping, dining, schools, and major roadways. The owner is motivated to rent or sell and welcomes qualified tenants and buyers alike. Don't miss this unique opportunity schedule your private showing today!

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
1,363 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
27
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,200/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Private Sewer
New construction
No
Pets
Yes
County
Lee

Amenities

SeeRemarks

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$220/sqft
Comp median
$224/sqft
Difference
-2%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3907 NW 40th StreetMar 2026$257,5003/21,204$214
4176 NW 39th PlaceAug 2026$280,0003/21,199$234
3935 NW 45th LaneMar 2026$330,0003/21,387$238
3933 NW 46th StreetMar 2026$269,8883/21,477$183
Average4 comps$284,347$217

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceModerate
Hospital
9.6 mi
Cape Coral Hospital
Beach
20.4 mi
Fort Myers Beach
Airport
13.5 mi
Punta Gorda Airport
Shopping
9 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.