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$617,000 Sale Pending
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Property Description
Welcome to your dream home in beautiful Cape Coral!!! This stunning New Construction offer 4 spacious bedrooms, 3 full bathrooms, and a 3 car garage- perfect for families or anyone who loves extra space . Inside, you'll find elegant walk-in closets , a sleek modern kitchen , and your very own built-in bar idealfor entertaining guests or unwinding after a long day. The open concept layout flows seamlessly to your private pool area , creating the ultimate Florida lifestyle . Located in one of Cape Coral 's most desirable neighborhoods , this home comes with full city utilities (water, seawer and irrigation)
Full Property Details
Full Property Details for 1140 SW 40th Terrace
General
- Price: $617,000
- Taxes: (2024)
- Status: Pending
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025024905
- Updated: 12/30/2025
- Added to Site: 33 day(s) ago
Interior
- Interior Features: Bar, Walk-In Closet(s)
- Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Washer, Wine Cooler, None, Refrigerator/Freezer, Self-Cleaning Oven, Walk-In Cooler, Wall Oven
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Combo Tub And Shower, Dual Sinks
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Kitchen: Kitchen Island
- Dining Room: Dining - Living
Additional Information
- Shared Amenities: No Subdivision, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: Pool Bath
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Gas Grill
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: 2+ Spaces, Garage Door Opener, Attached
Location
- Area: CC21 - Cape Coral Unit 3, 30, 44, 6
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: Northeast
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
- Ceiling Fan(s): 7
Utilities
- Sewer: Assessment Paid
- Water: Well
- Utility Description: Cable Not Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Impact Resistant, Impact Resistant Windows
- Doors: Impact Resistant Doors
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,150
- Sq. Ft. Source: Architectural Plans, Floor Plan Service
- Living Area: 2,150 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Architectural Plans, Floor Plan Service
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 80
- Irrigation System: Other
- Zoning: R1-D
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: None/Other
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 65 BLK 3319 PB 21 PG 162 LOTS 9 + 10
- Property ID: 10-45-23-C1-03319.0090
- Section: 10
- Block: 3319
- Lot Number: 9
Listed by EXP Realty LLC
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Schools
Schools serving 1140 SW 40th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 1.3 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 1.4 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 2.8 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 1 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.2 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 1.3 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1140 SW 40th Terrace
Date
Details
Price
Change
Source
12/17/2025
Price Increased
$617,000
19.34%
MLS
12/16/2025
Listed
$517,000
474.44%
MLS
3/18/2024
Sold
$90,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1140 SW 40th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,068
-25%
$69,445
-5%
2024
$1,420
-37%
$73,308
-4%
2023
$2,251
17%
$76,128
106%
2021
$1,924
-1%
$37,000
—
2022
$1,945
1%
$37,000
23%
2021
$1,924
17%
$30,000
9%
2019
$1,650
3%
$27,500
10%
2018
$1,599
14%
$25,000
-10%
2017
$1,405
2%
$27,778
39%
2016
$1,374
5%
$20,000
32%
2015
$1,312
—
$15,200
10%
2014
$1,308
12%
$13,800
20%
2013
$1,168
—
$11,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1140 SW 40th Terrace
1140 SW 40th Ter, Cape Coral, FL 33914 (MLS# 2025024905) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1140 SW 40th Ter is currently listed for $617,000 and was received on December 16, 2025. Want to learn more about 1140 SW 40th Ter? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

