$1,099,000
$51K PRICE DROP

1423 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $7,306/month

Total Views 2,906
4 Beds
3 Baths
2,140 Sq Ft
$514 Price per Sq Ft

Highlights

  • Boat Dock
  • Heated In Ground Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

NOW OFFERING SELLER FINANCING! FULLY FURNISHED! GULF ACCESS! Welcome to your waterfront oasis—this turnkey property offers Gulf access with a private boat dock and lift, just a 30-minute boat ride to the ocean, making it a true boater’s paradise. Packed with tons of upgrades throughout, this home is designed for luxurious living and effortless entertaining, featuring a Sonos Surround Sound System indoors and out, a heated pool and spa, and a full ADT Security System for peace of mind. It comes fully furnished, so you can move right in and start enjoying the Florida lifestyle. A 2016 38' Renegade is also available for separate purchase—call for details. Whether you're relaxing poolside or heading out for a sunset cruise, this home offers the perfect blend of comfort, style, and convenience.

Listing Agent

Brittany Blake

ViiBE Realty License #835526343 Listed on: 05/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,452

Year Built

  • Built in 2021

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • South Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned RD-W

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,140 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Home Office
  • Screened Porch
  • Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower

Home Security

  • Burglar Security System
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • Gulf Elementary School
  • Gulf Middle School
  • Ida S. Baker High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 3350
  • Assessor Parcel Number 10-45-23-C1-03350.0140

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,452

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: From SW Pine Island Rd, go South on Chiquita Blvd S for 4.3. miles then take a left (heading east) onto SW 40th Terrace. The house will be down on your left.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Spa Features: Electric Heat, In Ground
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Wine Cooler
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Bathtub, Tray Ceiling(s), Dual Sinks, Entrance Foyer, Fireplace, Kitchen Island, Multiple Shower Heads, Pantry, Separate Shower, Bar, Walk-In Closet(s), Window Treatments, Home Office, Split Bedrooms
  • Living Area: 2140.0
  • Dining Room Type: Bathroom, Guest Quarters, Office, Screened Porch, Great Room
  • Stories: 1
  • Window Features: Impact Glass, Window Coverings

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Electric Heat, Heated, In Ground, Screen Enclosure
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Patio, Gas Grill
  • Patio And Porch Features: Lanai, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Burglar Alarm (Monitored), Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Other
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: GULF ELEMENTARY SCHOOL
  • High School: IDA S. BAKER HIGH SCHOOL
  • Middle Or Junior School: GULF MIDDLE SCHOOL

Lot Info

  • Parcel #: 10-45-23-C1-03350.0140
  • Zoning Description: RD-W

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 15451.51
  • Tax Block: 3350
  • Tax Lot: 14
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,452 $870,226 $219,800 $510,019
2023 $14,940 $826,189 $172,910 $553,241
2022 $13,343 $735,514 $145,158 $590,356
2021 $2,871 $95,000 $95,000 $0
2020 $2,665 $85,000 $85,000 $0
2019 $2,665 $105,000 $105,000 $0
2018 $2,593 $100,000 $100,000 $0
2017 $2,564 $104,000 $104,000 $0
2016 $2,550 $104,000 $104,000 $0
2015 $2,455 $97,000 $97,000 $0
2014 $2,282 $82,400 $82,400 $0
2013 -- $58,100 $58,100 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $1,099,000 -4.4% $514 / Sq Ft
05/02/2025 05/02/25 For Sale $1,150,000 -- $537 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $877,900 Pro Title Of Florida Inc
Warranty Deed $100 Pro Title
Warranty Deed $180,000 All American Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $614,530 New Conventional
Previous Owner $340,000 Construction
Source: Public Records

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See All Homes in Cape Coral

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225043519

Florida Gulf Coast Multiple Listing Service

APN: 10-45-23-C1-03350.0140

Florida Lee County Cape Coral 33914 Pelican

1423 SW 40th Terrace, Cape Coral, FL

This home is located at 1423 SW 40th Terrace, Cape Coral, FL 33914 and is currently priced at $1,099,000, approximately $513 per square foot. This property was built in 2021. 1423 SW 40th Terrace is a home with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes
Brittany Blake
Listing Agent
Brittany Blake
Section Image
ViiBE Realty
(239) 572-9718