4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 226010648

$353,875

4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

1256 NE 40TH Terrace, Cape Coral, FL, 33909

4 beds2 baths1,828 sqft2 garage

About this home

WELCOME TO YOUR NEW DR HORTON HOME!! This is our appealing one-story, open concept, 1828 sqft CALI Floorplan featuring 4 bedrooms, 2 bathrooms, 2-car garage, impact windows & sliders, a covered under-trusses lanai and all concrete block construction. This home is on a beautiful triple lot located in Cape Coral. This home boasts Designer cabinets and quartz countertops in both the kitchen and baths. Experience the timeless beauty and durability of Plank flooring wood floors featured throughout the home, modern flat stock trim and baseboards, all stainless kitchen appliances including refrigerator, paver driveways and lanai, irrigation system, and garage door openers. These homes move quickly so don’t miss out. Finishings may vary - images are representational only of the model home based in that community.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,828 sqft
Lot size
14,374.8 sqft
Acreage
0.33 acres
Garage
2 car
Days on market
22
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,954/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

IrrigationWater

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.

At marketThis home is priced in line with comparable recent sales.
This home
$194/sqft
Comp median
$183/sqft
Difference
+6%

Based on the $/sqft of 8 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
4010 NE 12th CourtMay 2026$315,0004/31,683$187
4215 NE 17th AvenueApr 2026$303,0004/21,810$167
3712 NE 14th PlaceDec 2025$327,0004/21,829$179
1013 NE 39th TerraceApr 2026$330,0003/21,845$179
1822 NE 40TH LaneAug 2025$349,0004/21,828$191
1004 NE 43rd TerraceMar 2026$373,0003/21,636$228
Average6 comps$332,833$189

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

Jun 19, 2026Sold$353,875
Mar 9, 2026Listed$353,875

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
6.9 mi
Cape Coral Hospital
Beach
19.4 mi
Fort Myers Beach
Airport
11.3 mi
Page Field (Fort Myers)
Shopping
5.7 mi
Coralwood / Merchants Crossing (Cape)

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.