$399,900
4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
3818 NW 40th Avenue, Cape Coral, FL, 33993
About this home
Take advantage of the newest building codes and high elevation! BRAND NEW WATERFRONT MOVE-IN READY 4 BEDROOM HOME!! Certificate of Occupancy already in place!! $50,000 OF UPGRADES INCLUDED! BEST PRICED HOME IN CAPE CORAL WITH THIS MANY UPGRADES! 13+ FOOT VAULTED CEILINGS! **BRICK PAVER DRIVE + WALKWAY! 100% UPGRADED WOOD-LIKE TILE FLOORS THROUGHOUT! **AUTOMATIC SPRINKLER SYSTEM! **UPGRADED SOD! **GIGANTIC WALK-IN SHOWER **OVERSIZE LAUNDRY/UTILITY ROOM! **SOFT CLOSE SYSTEM ON ALL CABINET DOORS! **DECORATIVE BERMUDA SHUTTERS IN FRONT** A MUST SEE!!!!!!!!! This move-in ready home in Cape Coral presents an exceptional opportunity for prospective buyers. Want a deal? This is priced $50,000 less than comparable homes. This property offers outstanding value in today's market. With a generous 1900+ square feet of open living space and a 2-car garage, this home is designed to accommodate the needs of almost any size family. As you approach the home, the brick-paver driveway and walkway create a welcoming entrance, complemented by the towering entryway and meticulous landscaping. Inside, the attention to detail is evident, with tall ceilings, wide baseboards, and lots of natural light adding a touch of sophistication to every room. The wood-like tile floors provide durability and style, offering a seamless flow throughout the living spaces. The kitchen is a chef's delight, featuring white raised panel cabinets with slow-close doors and drawers, a large island with a stainless sink, and a full 4-piece upgraded stainless-steel appliance package. The split-bedroom layout provides privacy for the occupants, with the master bedroom serving as a luxurious retreat. Luxurious bathroom with an enormous closet and a beautifully appointed master bathroom with dual sinks and a frameless glass shower wall add to the appeal of the space. In summary, this meticulously designed and upgraded home offers luxury living at an unbeatable price. With its quiet location, desirable features, and significant price, it represents a rare opportunity for buyers looking to own a piece of paradise in Cape Coral. Some photos of the furniture in this listing have been virtually rendered.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,905 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 2
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,599/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- 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
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4111 NW 36th Lane | Jun 2026 | $346,000 | 3/2 | 1,864 | $186 |
| 4205 NW 34th Lane | Feb 2026 | $400,000 | 3/3 | 1,931 | $207 |
| 4200 NW 37th Avenue | May 2026 | $440,000 | 3/2 | 1,888 | $233 |
| 4306 NW 35th Street | May 2026 | $355,000 | 4/2 | 1,831 | $194 |
| 4210 NW 34th Terrace | Jan 2026 | $357,000 | 3/2 | 2,044 | $175 |
| 4215 NW 32nd Lane | May 2026 | $430,000 | 4/2 | 2,013 | $214 |
| Average | 6 comps | $388,000 | $202 |
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 $44,900 (11.2%) from the original list price.
| Oct 20, 2025 | Sold | $355,000 |
| Sep 18, 2025 | Listed | $399,900 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Waterfront
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.