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Bean Group
Offered at $280,000Active
beds
—
baths
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sq ft
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Built
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427 SW 40th Terrace

Cape Coral, FL 33914

About this home

Gorgeous waterfront lot with miles of canals to explore! Perfect for boating and kayaking enthusiasts, this property offers endless opportunities to enjoy Southwest Florida’s natural beauty right from your backyard. Surrounded by newly built homes, this neighborhood is rapidly growing and full of potential.

Listing last checked: Listing updated:

Listed by Nikki Dimitrova, Spase Dimitrov · Florida Prime Realty, LLC · MLS #226024229

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Details at a glance

Interior1 property facts
Rooms
0
Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.23 acres
Water
None
Sewer
None
Waterfront
Y
Financial3 property facts
Annual taxes
$2,456
Assessment year
2024
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$1,620 / monthAdjust
Principal & interest
$1,416
Property tax
$205
Insurance
Not entered
HOA
$0

Listing annual taxes: $2,456. 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. Ter

    $550,000 · Aug 28, 2025

  2. Sld

    $171,900 · Sold $170,000 · Nov 15, 2021

  3. Sld

    $59,900 · Sold $52,500 · Oct 11, 2012

More property insights

Comparable properties 3 supplied

Sold Apr 17, 2026

$260,000

1325 SE 32nd Terrace

Sold Mar 31, 2026

$280,000

1625 SE 39th Street

Sold Mar 30, 2026

$289,000

2823 SW 37th Terrace

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About 427 SW 40th Terrace

Can I request a private showing?

Request a tour of 427 SW 40th Terrace 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.