$617,000
4 Bed 3 Bath Pool SingleFamilyResidence for Sale in CAPE CORAL, FL
1140 SW 40th Terrace, Cape Coral, FL, 33914
About this home
Welcome to your dream home in beautiful Cape Coral!!! This stunning New Construction offer 4 spacious bedrooms, 3 full bathrooms, and a 3 car garage- perfect for families or anyone who loves extra space . Inside, you'll find elegant walk-in closets , a sleek modern kitchen , and your very own built-in bar idealfor entertaining guests or unwinding after a long day. The open concept layout flows seamlessly to your private pool area , creating the ultimate Florida lifestyle . Located in one of Cape Coral 's most desirable neighborhoods , this home comes with full city utilities (water, seawer and irrigation)
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 2,150 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 14
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,638/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Assessment Paid
- New construction
- Yes
- Pets
- Yes
- County
- Lee
Amenities
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 7 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 |
|---|---|---|---|---|---|
| 3713 SW 13th Avenue | Dec 2025 | $585,000 | 3/2 | 2,060 | $284 |
| 1001 SW 37th Street | Mar 2026 | $630,000 | 3/2 | 2,129 | $296 |
| 932 SW 36th Terrace | Apr 2026 | $669,000 | 4/3 | 2,265 | $295 |
| 4404 SW 15th Place | Feb 2026 | $605,000 | 3/3 | 2,256 | $268 |
| 1815 SW 40th Terrace | Aug 2025 | $650,000 | 3/3 | 2,246 | $289 |
| 1827 SW 39th Street | Oct 2025 | $566,000 | 3/3 | 2,001 | $283 |
| Average | 6 comps | $617,500 | $286 |
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 $18,000 (2.9%) from the original list price.
| Jan 27, 2026 | Sold | $599,000 |
| Dec 16, 2025 | Listed | $617,000 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Private pool
- Storm protection: Impact Windows/Doors
- 3-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.