$295,990
4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
1101 NE 40th Street, Cape Coral, FL, 33909
About this home
NEW BUILD COMPLETE - MOVE-IN-READY. WAS $299,990- NOW $295,990 INCENTIVES: UP TO $18K CLOSING COST / PREPAIDS when using one of our preferred lenders. The 1,426 -square-foot (air-conditioned) Windsor plan boasts a well-designed open floor plan that includes four bedrooms, two bathrooms, and a two-car garage. The kitchen boasts upgraded 30” contemporary shaker-style cabinets, a spacious kitchen island with upgraded quartz countertops, Whirlpool dishwasher, microwave, and range, refrigerator, washer & dryer. The Kitchen overlooks a spacious great room that features beautiful tile-plank flooring and vaulted ceilings. The expansive owner’s suite features a private bathroom, with a separate linen closet, and large walk-in closet. The three guest bedrooms share a guest bathroom and are located opposite the owner’s suite. The Windsor also features a decorative brick paver driveway, a professionally designed landscaping package, and designer-selected paint colors, light, and plumbing fixtures, impact resistant windows and doors.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,426 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 53
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,144/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northeast
- 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 9 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 |
|---|---|---|---|---|---|
| 1034 NE 40th Terrace | Jun 2026 | $299,990 | 3/2 | 1,552 | $193 |
| 1228 NE 41st Street | Sep 2025 | $288,990 | 3/2 | 1,285 | $225 |
| 4108 NE 10th Place | Apr 2026 | $275,000 | 3/2 | 1,240 | $222 |
| 3902 NE 10th Avenue | Jul 2026 | $293,855 | 3/2 | 1,400 | $210 |
| 1000 NE 43RD Terrace | Jan 2026 | $314,490 | 4/2 | 1,499 | $210 |
| 4002 NE 9th Place | Jan 2026 | $300,000 | 3/2 | 1,556 | $193 |
| Average | 6 comps | $295,388 | $209 |
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 $11,888 (3.9%) from the original list price.
| Feb 22, 2026 | Sold | $294,102 |
| Jan 7, 2026 | Price reducedfrom $297,990 | $295,990 |
| Nov 24, 2025 | Listed | $305,990 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- 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.