PENDING
$30K PRICE DROP
1903 SE 40th Terrace Unit 104 Cape Coral, FL 33904
Caloosahatchee NeighborhoodEstimated payment $4,965/month
Total Views
4,400
4
Beds
3
Baths
2,305
Sq Ft
$308
Price per Sq Ft
Highlights
- Boathouse
- Dock has access to electricity and water
- Sailboat Water Access
- 200 Feet of Salt Water Canal Waterfront
- Assigned Boat Slip
- Boat Lift
About This Home
Once in a lifetime opportunity to own a property this rare heart of Cape Coral, FL, with breath taking views from every window, in a location that is literally surrounded by all the best that Cape Coral has to offer. This exquisite waterfront residence offers an unparalleled living experience with Direct Gulf Access, just 100 yards from the river. Marvel at the breathtaking views through 23-foot floor-to-ceiling impact-resistant windows that frame 200-foot intersecting canal views. Endless entertainment from every window watching dolphins play, manatees graze, boats cruising by, and our beautiful Florida sunsets. The kitchen is a culinary masterpiece, adorned with quartz countertops, designer tile, and premium cabinetry, seamlessly flowing into a sophisticated breakfast bar. The residence is graced with a host of luxurious amenities, including a handmade natural stone fireplace, luxury vinal flooring, wet bar, custom floor to ceiling drapes, remote shades, illuminated captains walk and fishing pier. The community offers a heated pool with serene canal views, and for boating enthusiasts, a deeded boat lift awaits, along with a garage and guest parking. Enjoy a leisurely lifestyle with boating facilities that complement this unique offering. Experience Cape Coral's finest living in a home that is truly one-of-a-kind in an exceptional location for a vibrant lifestyle, 1 miles to downtown cape coral loaded with local restaurants, annual festivities and city-organized events. Seller financing is available.
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 407-203-9441 License #3509958 Listed on: 04/10/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,342
Year Built
- Built in 1981
Lot Details
- 200 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- South Facing Home
HOA Fees
- $868 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Metal Roof
- Concrete Siding
Interior Spaces
- 2,305 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Dry Bar
- High Ceiling
- Skylights
- Wood Burning Fireplace
- Blinds
- Great Room
- Creek or Stream Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Sailboat Water Access
- Fishing Pier
- Access to Saltwater Canal
- Seawall
- Water Skiing Allowed
- Boat Lift
- Assigned Boat Slip
- Boathouse
- Dock has access to electricity and water
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Underground Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 104 / 40A
- Assessor Parcel Number 08-45-24-C1-0040A.1040
Community Details
Overview
- Active Adult
- Association fees include common area taxes, pool, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, sewer, trash, water
- American Condo Association, Phone Number (239) 690-7511
- Vista Pointe Condo Subdivision
- The community has rules related to deed restrictions
Recreation
- Community Pool
- Fish Cleaning Station
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Community Mailbox
- Storm Windows
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 |
|---|---|---|---|---|
| 2025 | $4,342 | $290,469 | -- | -- |
| 2024 | $4,342 | $282,283 | -- | -- |
| 2023 | $4,790 | $306,711 | $0 | $0 |
| 2022 | $4,531 | $297,778 | $0 | $0 |
| 2021 | $4,698 | $289,105 | $0 | $289,105 |
| 2020 | $5,136 | $264,053 | $0 | $264,053 |
| 2019 | $5,140 | $264,860 | $0 | $264,860 |
| 2018 | $5,891 | $299,583 | $0 | $299,583 |
| 2017 | $5,659 | $302,005 | $0 | $302,005 |
| 2016 | $5,532 | $312,453 | $0 | $312,453 |
| 2015 | $4,971 | $257,800 | $0 | $257,800 |
| 2014 | $4,707 | $246,200 | $0 | $246,200 |
| 2013 | -- | $248,700 | $0 | $248,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2025 09/10/25 | Pending | -- | -- | -- | |
| 06/12/2025 06/12/25 | Price Changed | $710,000 | -1.4% | $308 / Sq Ft | |
| 05/29/2025 05/29/25 | Price Changed | $720,000 | -1.4% | $312 / Sq Ft | |
| 05/16/2025 05/16/25 | Price Changed | $730,000 | -1.4% | $317 / Sq Ft | |
| 04/10/2025 04/10/25 | For Sale | $740,000 | +19.4% | $321 / Sq Ft | |
| 10/02/2023 10/02/23 | Sold | $620,000 | -5.3% | $269 / Sq Ft | View Prior Sale |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- | |
| 09/08/2023 09/08/23 | Price Changed | $655,000 | -1.5% | $284 / Sq Ft | |
| 08/16/2023 08/16/23 | For Sale | $665,000 | 0.0% | $289 / Sq Ft | |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- | |
| 06/08/2023 06/08/23 | Price Changed | $665,000 | -1.5% | $289 / Sq Ft | |
| 05/22/2023 05/22/23 | Price Changed | $675,000 | -1.5% | $293 / Sq Ft | |
| 05/05/2023 05/05/23 | For Sale | $685,000 | +128.3% | $297 / Sq Ft | |
| 07/30/2020 07/30/20 | Sold | $300,000 | -24.1% | $130 / Sq Ft | View Prior Sale |
| 06/30/2020 06/30/20 | Pending | -- | -- | -- | |
| 08/07/2019 08/07/19 | For Sale | $395,000 | 0.0% | $171 / Sq Ft | |
| 05/24/2017 05/24/17 | Rented | -- | -- | -- | |
| 04/24/2017 04/24/17 | Under Contract | -- | -- | -- | |
| 04/11/2017 04/11/17 | For Rent | $1,700 | -- | -- |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $620,000 | Paradise Coast Title & Escrow | |
| Warranty Deed | $300,000 | Precision Title Company Inc | |
| Warranty Deed | $525,000 | Sunbelt Title Agency | |
| Warranty Deed | $239,000 | -- | |
| Warranty Deed | $171,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $325,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $137,200 | No Value Available |
Source: Public Records
About the Listing Agent
Ian Alters, a lifelong resident of Southwest Florida, has an intrinsic connection to the vibrant community he serves. With a deep appreciation for the area's variety, including its world-class beaches, boating, fishing, golfing, and wildlife, Ian finds joy in the unique blend of natural beauty and recreational opportunities that coexist – oftentimes in the area. Ian's passion for real estate stems from his love of helping people during pivotal moments in their lives. He has a “people first”
Ian's Other Listings
Source: Stellar MLS
MLS Number: O6298870
APN: 08-45-24-C1-0040A.1040
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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