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Bean Group
Offered at $280,000Active
beds
3
baths
2
sq ft
1,180
Built
2023

3918 NW 40th Terrace

Cape Coral, FL 33993

About this home

Built in 2023, this modern Cape Coral residence offers contemporary design and open-concept living in a desirable Northwest location. The home features a spacious great room layout, well-sized bedrooms, and a kitchen appointed with granite countertops, stainless steel appliances, and breakfast seating area. Impact windows and doors provide added durability and natural light throughout the interior. Situated on a dry lot with no HOA restrictions and a two-car garage, this property offers flexibility for both owner-occupants and investors seeking newer construction at an attractive value. Conveniently located near shopping, dining, parks, and major roadways, with easy access to Pine Island Road and surrounding amenities. The home may require repairs and/or updates, and buyers should conduct their own inspections to determine condition. Agents: Please review all private remarks prior to scheduling a showing.

Listing last checked: Listing updated:

Listed by Jon McLeod, PA · NextHome Luxe Coastal · MLS #226008650

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Details at a glance

Interior4 property facts
Rooms
7
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile
Building4 property facts
Style
Single Family Residence
Year built
2023
Garage
2
Roof
Shingle
Land & utilities3 property facts
Lot size
0.244 acres
Water
Well
Sewer
Septic Tank
Financial3 property facts
Annual taxes
$4,206
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $280,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,766 / monthAdjust
Principal & interest
$1,416
Property tax
$350
Insurance
Not entered
HOA
$0

Listing annual taxes: $4,206. 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

    $299,900 · Sold $314,000 · Jan 17, 2024

  2. Sld

    $8,600 · Sold $4,400 · Aug 1, 2020

  3. Sld

    $52,900 · Sold $51,400 · Oct 8, 2004

More property insights

Comparable properties 3 supplied

Sold Aug 17, 2026

$280,000

4176 NW 39th Place

Sold Aug 3, 2026

$294,900

2814 NW 28th Avenue

Sold Sep 1, 2026

$290,000

3126 NW 20th Place

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About 3918 NW 40th Terrace

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Request a tour of 3918 NW 40th Terrace and a Bean Group agent will help coordinate an available time with the listing side.

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

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