3 Bed Pool Home for Sale in Cape Coral
1 / 45
▶ View Virtual Tour
For SaleMLS# 2026038307

$437,000

3 Bed Pool Home for Sale in Cape Coral

2133 SW 40th Terrace, Cape Coral, FL, 33914

3 beds2 baths2,049 sqft2 garage

About this home

Welcome to this beautifully updated 3-bedroom, 2-bath pool home offering over 2,049 square feet of living space in a highly desirable Southwest Cape Coral location. With an inviting open floor plan, extensive improvements and a private outdoor living area, this home is designed for enjoying the Florida lifestyle. Inside, tile flooring flows through the main living areas, while the updated kitchen features granite countertops, stainless steel appliances, upgraded lighting and ample cabinetry. A convenient pass-through window connects the kitchen to the lanai, making outdoor entertaining easy. The spacious great room opens to the pool area through two sets of triple sliding glass doors, creating a seamless transition between indoor and outdoor living. Both bathrooms have been beautifully updated with new vanities, tile and fixtures, while the guest bath also provides convenient access from the pool area. The spacious laundry room offers additional upper and lower cabinetry with a granite countertop for extra storage and workspace. Step outside and discover your own private Florida retreat. The electric-heated pool, brick-paver pool deck, extended screened lanai and 6-foot privacy-fenced backyard with a butterfly garden create an ideal setting for relaxing, entertaining and enjoying Southwest Florida's year-round sunshine. Mature tropical landscaping, royal palms, landscape lighting and a brick-paver driveway add to the home's impressive curb appeal. Additional improvements include a roof replaced in 2017, 90% of the home has impact windows, interior and exterior paint, and a hot-water recirculating system with safety shutoff. Whether you're searching for a full-time residence, seasonal getaway or a home built around Florida's indoor-outdoor lifestyle, this Southwest Cape Coral pool home is ready to enjoy. Schedule your private tour today.

Property details

Type
SingleFamilyResidence
Year built
1992
Interior
2,049 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,118/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors, Shutters
Exposure
North
Waterfront
No
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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$213/sqft
Comp median
$235/sqft
Difference
-9%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

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
2228 SW 43rd StreetAug 2026$385,0003/22,145$179
4317 SW 26th AvenueDec 2025$460,0003/21,942$237
1825 Savona ParkwayMar 2026$447,5003/21,905$235
4517 SW 24th AvenueFeb 2026$375,0003/22,177$172
2615 SW 46th TerraceFeb 2026$495,9003/22,068$240
Average5 comps$432,680$213

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$380,575
Avg days on market
91
Active listings
2,504
Median sold price · Cape Coral
$380,575last 3 months4.1% vs $365,500 prior 3 months
Median closed price by month · Cape Coral
5.3% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$360,000Sep ’26 · 220 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
  • Private pool
  • Storm protection: Impact Windows/Doors, Shutters
  • 2-car garage
Consider
  • Built 1992 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6 mi
Cape Coral Hospital
Beach
9.6 mi
Fort Myers Beach
Airport
9.7 mi
Page Field (Fort Myers)
Shopping
7 mi
Coralwood / Merchants Crossing (Cape)

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

Loading map…

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.