1732 SE 40th Terrace Cape Coral, FL 33904
Caloosahatchee NeighborhoodEstimated payment $14,987/month
Total Views
4,095
4
Beds
4
Baths
3,651
Sq Ft
$671
Price per Sq Ft
Highlights
- Dock has access to electricity and water
- Water access To Gulf or Ocean
- In Ground Pool
- Cape Elementary School Rated A-
- Boat Lift
- Custom Home
About This Home
HUGE PRICE REDUCTION $ 4000,000.00, IT IS THE MOST REPRESENTATIVE VILLA...
YOU CANNOT BEAT THIS....1 AAA LOCATION.. DESIGNED AND FULLY FURNISHED BY "LEILI" FOR $700,000,00, EXCLUSIVELY WITH HIGH-END DESIGNER FURNISHINGS.
2 MINUTES DIRECT ACCESS TO THE GULF.. NO BRIDGES.
COMPLETELY DESIGNED BY "LEILI" USING ONLY HIGH END FURNITURE.
With incredible attention to detail result in an unbeatable USP, built by "FREY AND SON" guaranteeing high end quality.
New covered boat dock with a new lift build by "STOKES MARINE" with a very very large Tiki platform, of course equipped with electrical connections and water connection to optimally maintain your boat.
A captain's walkway is provided with a special surface.
Experience refined coastal luxury in this exceptional waterfront home, where exquisite craftsmanship and thoughtful design create a seamless blend of elegance, comfort, and indoor-outdoor living.
This residence boasts a stylish oversized adventure Pool with privat Spa with tranquil waterfall.
Surrounded by lush, meticulously landscaped grounds that enhance both privacy and beauty.
The oversized lanai serves as a true outdoor retreat, featuring a welcoming dining area and a spacious professional outdoor kitchen with Coyote Grill, Flame, extractor hood, wine fridge and air-conditioned drawers, designer outdoor bar chairs.
Dining table area outside luxurious seating making it ideal for both quiet mornings and great parties with your friends at night.
Disappearing sliders doors connect the great room to the outdoors, creating a harmonious transition between interior and exterior living spaces.
Inside, the kitchen offers elegant cabinetry, sleek granite countertops, stainless steel appliances, and a spacious granite island.
A charming dining area overlooks the pool, the lanai and the Water, adding to the home's inviting ambiance.
A walk-in pantry provides additional storage and functionality.
The open-concept design ensures a natural flow between the kitchen, dining area, and great room, where designer lighting and elegant finishes add a touch of sophistication.
The office provides a quiet ambience for relaxed work, if you want.
The primary suite is a private sanctuary, featuring walk-in closet and a spa-inspired bath with a luxurious shower, deep soaking designer tub, and dual vanities.
A glass-paned door opens directly to the lanai, allowing for effortless indoor-outdoor living.
A spacious three-car garage with built-in storage provides ample space for vehicles and equipment.
This home is truly turnkey—FULLY FURNISHED and ready to move in, not forgetting the professionally furnished private fitness room equipped with the best sporting equipment.
And also not to forget a special feature: all windows are blackout with custom-made blinds from "Hunter Douglas" and are individually electrically adjustable. They not only ensure your privacy but also protect you from excessive sunlight.
For your safety, the entire lanai features a hurricane-proof electric screen, which is also operated by remote control. Pure comfort, unbeatable.
of course hurricane-resistant glass is used for windows and doors.
Conveniently located just minutes from world-renowned beaches and many championship golf courses, as well as many restaurants and the finest shopping.
Simply unlock the door and start living in paradise. Everything is there; you don't need to organize anything.
Listing Agent
FLORIDA FIRST GROUND REALTY Brokerage Phone: 941-735-4546 License #3440562 Listed on: 07/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,874
Year Built
- Built in 2022
Lot Details
- 9,975 Sq Ft Lot
- Property fronts a saltwater canal
- South Facing Home
- Irrigation Equipment
- Garden
- Property is zoned R1-W
Parking
- 3 Car Garage
Property Views
- Canal
- Pool
Home Design
- Custom Home
- Contemporary Architecture
- Bi-Level Home
- Slab Foundation
- Tile Roof
- Block Exterior
Interior Spaces
- 3,651 Sq Ft Home
- Open Floorplan
- Cathedral Ceiling
- Window Treatments
- French Doors
- Sliding Doors
- Great Room
- L-Shaped Dining Room
- Home Office
- Home Gym
- Ceramic Tile Flooring
Kitchen
- Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Smart Home
- Storm Windows
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Property is near a marina
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Covered Boat Lift
- Dock has access to electricity and water
- Covered Dock
- Dock made with wood
- Deck
- Covered Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
- Rain Gutters
- Private Mailbox
Location
- Property is near a golf course
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Frey & Son
- Cape Coral Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 61 / 390
- Assessor Parcel Number 08-45-24-C1-00390.0610
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 | $15,757 | $1,164,943 | -- | -- |
| 2023 | $15,757 | $952,191 | $455,122 | $465,980 |
| 2022 | $5,473 | $285,259 | $0 | $0 |
| 2021 | $4,840 | $262,664 | $262,664 | $0 |
| 2020 | $5,105 | $303,619 | $241,000 | $62,619 |
| 2019 | $5,329 | $305,930 | $0 | $0 |
| 2018 | $5,841 | $287,481 | $215,000 | $72,481 |
| 2017 | $6,082 | $303,626 | $190,000 | $113,626 |
| 2016 | $5,548 | $264,772 | $195,171 | $69,601 |
| 2015 | $5,726 | $267,695 | $195,332 | $72,363 |
| 2014 | $6,343 | $290,296 | $192,096 | $98,200 |
| 2013 | -- | $268,295 | $161,353 | $106,942 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $2,450,000 | -14.0% | $671 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $2,849,000 | +96.5% | $780 / Sq Ft |
| 03/11/2022 03/11/22 | Sold | $1,449,900 | +2.1% | $483 / Sq Ft |
| 03/11/2022 03/11/22 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $1,419,900 | +358.0% | $473 / Sq Ft |
| 12/07/2020 12/07/20 | Sold | $310,000 | -11.4% | $165 / Sq Ft |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 04/03/2020 04/03/20 | For Sale | $350,000 | 0.0% | $186 / Sq Ft |
| 04/25/2016 04/25/16 | For Rent | -- | -- | -- |
| 04/25/2016 04/25/16 | Rented | -- | -- | -- |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Kleinfeldt Law Firm Pllc | |
| Warranty Deed | $1,479,900 | Cape Coral Title Insurance Age | |
| Warranty Deed | $310,000 | Attorney | |
| Quit Claim Deed | $190,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $670,000 | Elite Title Svcs Of Sw Fl |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $195,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: Stellar MLS
MLS Number: A4656626
APN: 08-45-24-C1-00390.0610
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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