$619,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1301 SE 40th Terrace, Cape Coral, FL, 33904
About this home
Dreaming of the boat life.....this 3-bedroom, 2-bath gulf access pool home retreat makes it effortless offering the perfect Florida lifestyle. Step outside to your resort-style pool and tropical backyard oasis, designed for both relaxation and entertainment. Drop your boat from your own lift, spend the day on the water, and come home to your resort-style pool and sunsets that never get old. Boaters will love the quick access to the Caloosahatchee River (just minutes away!) and two boat lifts, ideal for multiple vessels or water toys. The expansive screened lanai sitting area, lush landscaping, and sparkling pool create a true outdoor sanctuary. Whether you’re looking for a full-time residence or a vacation getaway, this home captures the essence of waterfront living at its best.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1976
- Interior
- 1,466 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 34
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,679/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- 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 5 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 |
|---|---|---|---|---|---|
| 3814 SE 13th Avenue | Jan 2026 | $465,000 | 3/2 | 1,478 | $315 |
| 1624 Beach Parkway 102 | Jun 2026 | $553,500 | 3/2 | 1,662 | $333 |
| 1636 SE 39th Street | Jun 2026 | $565,000 | 3/2 | 1,333 | $424 |
| 4212 SE 8th Place | Sep 2025 | $550,000 | 3/2 | 1,658 | $332 |
| 726 SE 43rd Terrace | Dec 2025 | $480,000 | 3/2 | 1,325 | $362 |
| Average | 5 comps | $522,700 | $353 |
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.
Price & status history
Down $83,900 (13.3%) from the original list price.
| Jan 6, 2026 | Sold | $546,000 |
| Dec 3, 2025 | Price reducedfrom $629,900 | $619,900 |
| Nov 13, 2025 | Listed | $629,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
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.