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Offered at $480,000Active
beds
4
baths
4
sq ft
2,246
Built
1964

1310 SE 40th Terrace #1A & 1B

Cape Coral, FL 33904

About this home

Excellent investment or owner occupant opportunity in desirable SE Cape Coral! This well-maintained duplex offers two spacious 2 bedroom, 2 bath units, each with its own screened porch and updated kitchen featuring granite countertops and wood cabinetry. Unit 1A is move-in ready, featuring an additional enclosed bonus/great room, in-unit washer and dryer, and plenty of flexible living space. Unit 1B has a tenant ($1,725/month) with a recently renewed lease through August 31, 2027, providing immediate rental income for the new owner. Both units offer tile flooring throughout, private outdoor areas, and separate living spaces. Conveniently located in SE Cape Coral with easy access to shopping, dining and major roadways. No flood insurance needed. A great opportunity to live in one side while generating income from the other, or add a solid duplex to your investment portfolio!

Listing last checked: Listing updated:

Listed by Aelita Caamano Pena · Premiere Plus Realty Company · MLS #2026037273

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Laminate
Building3 property facts
Style
Duplex
Year built
1964
Roof
Shingle
Land & utilities3 property facts
Lot size
0.23 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Financial3 property facts
Annual taxes
$6,250
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $480,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,948 / monthAdjust
Principal & interest
$2,427
Property tax
$521
Insurance
Not entered
HOA
$0

Listing annual taxes: $6,250. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1310 SE 40th Terrace #1A & 1B

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Request a tour of 1310 SE 40th Terrace #1A & 1B and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.