$291,990
3 Bed SingleFamilyResidence for Sale in Cape Coral
2115 NE 40th Terrace, Cape Coral, FL, 33909
About this home
One or more photo(s) has been virtually staged, AI generated or rendered. Discover the allure of new single-family homes across Cape Coral, offering waterfront options and the benefits of no HOA fees. This new single-story home maximizes space and emphasizes convenience. The open-concept layout integrates the family room, dining room and kitchen with a central island, facilitating effortless transitions between rooms for easy entertaining during gatherings. On the opposite side of the home are all three bedrooms, including the peaceful owner’s suite with an attached bathroom and walk-in closet. Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only. Estimated delivery date is Nov/Dec 2026.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,487 sqft
- Lot size
- 9,975.24 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,088/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- New construction
- Yes
- Pets
- Yes
- County
- Lee
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.
Based on the $/sqft of 12 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4005 NE 20th Place | Nov 2025 | $275,000 | 3/2 | 1,378 | $200 |
| 2016 NE 40th Street | Jan 2026 | $302,990 | 4/2 | 1,426 | $212 |
| 3927 NE 21st Place | Jul 2026 | $290,000 | 4/2 | 1,426 | $203 |
| 4102 NE 20th Place | Jun 2026 | $298,530 | 4/2 | 1,426 | $209 |
| 4002 NE 19th Place | Jan 2026 | $289,999 | 3/2 | 1,487 | $195 |
| 2518 Nelson Road | Jan 2026 | $299,999 | 3/2 | 1,487 | $202 |
| Average | 6 comps | $292,753 | $204 |
Market trends, Cape Coral
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
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Storm protection: Shutters
- 2-car garage
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.