1502 NW 40th Place Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated payment $8,467/month
Total Views
875
4
Beds
3
Baths
2,380
Sq Ft
$628
Price per Sq Ft
Highlights
- Boat Dock
- Home fronts a seawall
- New Construction
- Cape Elementary School Rated A-
- Infinity Pool
- Canal Access
About This Home
This custom built, sailboat access home is exactly what you're looking for. After your beautiful day on the water, relax in the pool, enjoy the beautiful SW Florida sunsets and grill up dinner in your custom outdoor kitchen. This stunning home features open views throughout, custom pool and spa with fire features and 725 sq ft of covered lanai. The 28' opening and 10' high multi opening sliders create the grand feeling. The owner's suite features pocket slider's opening up to the covered lanai, huge bathroom with dual sinks, garden tub, oversized walk-in shower and 2 separate walk-in closets. Tankless hot water, hands free Moen sink faucets, Fireclay farmhouse sink, wood railings in all closets and a 6x10 independent laundry room with plenty of storage. This high-end home is the epitome of SW Florida living.
Co-Listing Agent
Hugh Hebert
EXP Realty LLC License #278005231
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,679
Year Built
- Built in 2024 | New Construction
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 125 x 80 x 125 x 80
- Home fronts a seawall
- East Facing Home
- Fenced
- Rectangular Lot
- Sprinkler System
- Property is zoned R1-W
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Tile Roof
- Stucco
Interior Spaces
- 2,380 Sq Ft Home
- 1-Story Property
- Built-In Features
- Tray Ceiling
- Ceiling Fan
- Open Floorplan
- Den
- Tile Flooring
- Canal Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Self-Cleaning Oven
- Electric Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
- Pot Filler
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 3 Full Bathrooms
- Bidet
- Dual Sinks
- Bathtub
- Separate Shower
Laundry
- Washer
- Laundry Tub
Home Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Pool
- Infinity Pool
- Pool and Spa
- Concrete Pool
- In Ground Spa
- Gunite Spa
- Outside Bathroom Access
- Pool Equipment or Cover
Outdoor Features
- Canal Access
- Open Patio
- Outdoor Kitchen
- Outdoor Grill
- Porch
Utilities
- Central Heating and Cooling System
- Well
- Water Purifier
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 19 / 5213
- Assessor Parcel Number 01-44-22-C2-05213.0190
Community Details
Overview
- No Home Owners Association
- Association fees include cable TV, internet, ground maintenance, trash
- Cape Coral Subdivision
Amenities
- Guest Suites
Recreation
- Boat Dock
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,679 | $246,840 | -- | -- |
| 2023 | $4,348 | $224,400 | $0 | $0 |
| 2022 | $3,595 | $139,500 | $139,500 | $0 |
| 2021 | $1,963 | $93,000 | $93,000 | $0 |
| 2020 | $1,863 | $85,000 | $85,000 | $0 |
| 2019 | $1,799 | $85,000 | $85,000 | $0 |
| 2018 | $1,743 | $85,000 | $85,000 | $0 |
| 2017 | $1,571 | $70,333 | $70,333 | $0 |
| 2016 | $1,548 | $78,000 | $78,000 | $0 |
| 2015 | $1,493 | $78,000 | $78,000 | $0 |
| 2014 | $1,647 | $100,000 | $100,000 | $0 |
| 2013 | -- | $46,000 | $46,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $1,494,000 | +1124.6% | $628 / Sq Ft |
| 04/01/2021 04/01/21 | Sold | $122,000 | -2.4% | -- |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- |
| 11/02/2020 11/02/20 | For Sale | $125,000 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $122,000 | Cape Coral Ttl Ins Agcy Inc | |
| Warranty Deed | $230,000 | Island Title Guaranty Agency | |
| Warranty Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $835,000 | Construction | |
| Closed | $97,600 | New Conventional | |
| Previous Owner | $156,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225059823
APN: 01-44-22-C2-05213.0190
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