3 Bed 2 Bath Waterfront Condominium for Sale in VISTA POINTE CONDO, FL
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SoldMLS# 2025011637

$259,000

3 Bed 2 Bath Waterfront Condominium for Sale in VISTA POINTE CONDO, FL

1907 SE 40th Terrace 102, Cape Coral, FL, 33904

3 beds2 baths1,624 sqft1 garage
GatedCommunity Pool55+BoatingWaterfront

About this home

New Metal Roof In Place!!!DIRECT GULF ACCESS Condo with new composite DOCK, New 10000 lb BOAT LIFT plus wireless remote control , one attached GARAGE which all CONVEY WITH PROPERTY! This spacious second floored condo features 3 Beds/2 Baths the kitchen with a pantry, snack bar and all newer appliances, you can view huge water from the pool area and partially from your screened in lanai/sunroom. This condo located in one of the most desirable neighborhoods in the Cape/Beach Parkway is for the 55+ young at heart people who want to enjoy all the amenities of Florida: Fishing from your dock, boat to the islands, swim in the beautiful pool overlooking the canal and soak up the sunshine! Walking distance to Jaycee Park and close to everywhere! Don't let this one pass you by, make your private showing today!

Property details

Type
Condominium
Year built
1981
Interior
1,624 sqft
Lot size
1,860.012 sqft
Acreage
0.04 acres
Garage
1 car
Days on market
161
Total association fees
$11,896/yr (~$991/mo)
CDD
None
Est. taxes (1.4%)
$3,626/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
No
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

IrrigationWaterMaintenanceGroundsPestControlReserveFundRoadMaintenanceTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

PierPoolManagement

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
$159/sqft
Comp median
$176/sqft
Difference
-10%

Based on the $/sqft of 3 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
1829 SE 41st Street 1IMar 2026$235,0002/21,456$161
4244 SE 20th Place 117Jun 2026$279,9002/21,593$176
4260 SE 20th Place 802Nov 2025$292,5003/31,587$184
Average3 comps$269,133$174

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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.

Price & status history

Down $59,900 (20%) from the original list price.

Apr 3, 2026Sold$240,000
Jan 22, 2026Price reducedfrom $275,000$259,000
Sep 22, 2025Listed$299,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1981 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • Higher association fees (~$11,896/yr)
  • 55+ age-restricted community
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.6 mi
Fort Myers Beach
Airport
4.5 mi
Page Field (Fort Myers)
Shopping
4.2 mi
Bell Tower Shops

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.