NEW CONSTRUCTION
$15K PRICE DROP
3927 NW 40th Terrace Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated payment $2,396/month
Total Views
960
4
Beds
3
Baths
1,904
Sq Ft
$221
Price per Sq Ft
Highlights
- New Construction
- No HOA
- Living Room
- Cape Elementary School Rated A-
- 2 Car Attached Garage
- Ceramic Tile Flooring
About This Home
Discover this stunning, move-in-ready new construction home offering 1,904 sq ft of living area located in the fastest-growing area of Cape Coral. Featuring a sleek contemporary layout with 10-foot ceilings and elegant tile flooring throughout, this residence boasts 4 spacious bedrooms and 3 stylish bathrooms. Enjoy a gourmet kitchen with white cabinetry, quartz countertops in both the kitchen and bathrooms, and stainless steel appliances. Bathrooms feature frameless glass-enclosed showers, adding a luxurious touch. A washer and dryer are also included for your convenience. The open floor plan seamlessly connects living, dining, and kitchen areas, while the private backyard offers a peaceful retreat. Built with Stem Wall foundation for enhanced elevation and structural strength, this home also features impact-resistant windows and doors, automatic garage door, irrigation system, and high-end finishes throughout. Located in one of the fastest-growing areas of Cape Coral, this property is ideal for families, snowbirds, or investors. Plus, it includes a builder’s warranty 1-2 years and 10-year structural coverage offering peace of mind for years to come. Don’t miss this incredible opportunity to own a high-quality home in a booming location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $869
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 89x125
- West Facing Home
- Property is zoned R1-D
Parking
- 2 Car Attached Garage
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1,904 Sq Ft Home
- 1-Story Property
- Living Room
- Ceramic Tile Flooring
- Basement
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 3 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Utilities
- Central Air
- No Heating
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Cape Coral Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 47 / 5503
- Assessor Parcel Number 18-43-23-C4-05503.0470
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 | $869 | $28,564 | $28,564 | -- |
| 2023 | $949 | $30,367 | $30,367 | $0 |
| 2022 | $548 | $7,260 | $0 | $0 |
| 2021 | $486 | $6,700 | $6,700 | $0 |
| 2020 | $453 | $6,000 | $6,000 | $0 |
| 2019 | $487 | $9,300 | $9,300 | $0 |
| 2018 | $476 | $9,300 | $9,300 | $0 |
| 2017 | $431 | $7,429 | $7,429 | $0 |
| 2016 | $387 | $6,300 | $6,300 | $0 |
| 2015 | $341 | $6,000 | $6,000 | $0 |
| 2014 | -- | $5,452 | $5,452 | $0 |
| 2013 | -- | $4,000 | $4,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $420,000 | -3.4% | $221 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $434,900 | +1015.1% | $228 / Sq Ft |
| 12/14/2022 12/14/22 | Sold | $39,000 | -9.1% | -- |
| 12/14/2022 12/14/22 | Pending | -- | -- | -- |
| 12/08/2022 12/08/22 | Pending | -- | -- | -- |
| 11/09/2022 11/09/22 | For Sale | $42,900 | -4.5% | -- |
| 01/27/2022 01/27/22 | For Sale | $44,900 | -- | -- |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $39,000 | Safe Harbor Title | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $12,750 | Attorney | |
| Warranty Deed | $69,500 | First Home Title Llc | |
| Warranty Deed | $3,200 | -- | |
| Warranty Deed | $1,500 | -- |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: Stellar MLS
MLS Number: O6283048
APN: 18-43-23-C4-05503.0470
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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