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Offered at $225,000Active
beds
2
baths
2
sq ft
1,348
Built
1979

1333 SE 40th Terrace #2A

Cape Coral, FL 33904

About this home

Future boat slip dedicated to the unit, with the assessment already paid in full, set this second-floor end unit apart in a well-maintained 55+ Gulf access community just minutes from downtown Cape Coral. This spacious condo is being sold partially furnished and includes a one-car garage conveniently located just steps from the front entrance. Positioned on the second floor, it offers added peace of mind along with end-unit privacy and abundant natural light throughout. The interior features an open living and dining area that flows seamlessly to a screened or enclosed lanai overlooking the canal. The kitchen is well laid out with ample cabinet storage, a pantry, a window over the sink, and a full set of appliances. The guest bedroom includes a space-saving Murphy bed, a generous closet, and access to a private guest bathroom. The primary suite is positioned along the canal and offers direct lanai access, a walk-in closet, and an ensuite bathroom with a large walk-in shower. A separate laundry room provides a full-size washer and dryer along with additional storage. Significant updates have already been completed, including impact-resistant windows, a new roof, 2020 HVAC system with updated ductwork, 2020 plumbing, a 2020 electrical panel, fresh interior paint, and new light fixtures throughout. The planned community dock and boat slips add future Gulf access value, with the assessment fully paid by the seller.

Listing last checked: Listing updated:

Listed by Ariel Burnham · Compass Florida, LLC · MLS #2026017674

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Carpet, Tile
Building4 property facts
Style
Condominium
Year built
1979
Garage
1
Roof
Shingle
Land & utilities4 property facts
Lot size
0.1723 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$2,374
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $225,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,336 / monthAdjust
Principal & interest
$1,138
Property tax
$198
Insurance
Not entered
HOA
$0

Listing annual taxes: $2,374. 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.

Price and status timeline

  1. Sld

    $143,900 · Sold $136,900 · Mar 25, 2020

  2. Sld

    $159,000 · Sold $159,000 · Jan 6, 2004

More property insights

Comparable properties 3 supplied

Sold Jun 26, 2026

$227,000

1206 SE 46th Street #2G

Sold Sep 8, 2026

$230,000

4229 SE 19th Place #1D

Sold Jun 30, 2026

$245,000

4116 SE 20th Place #202

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About 1333 SE 40th Terrace #2A

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