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$670,000 Just Listed
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Property Description
Experience Southwest Florida waterfront living in this beautifully REMODELED GULF ACCESS pool home featuring 80 FEET OF SEAWALL and direct boating access with only an approximately 20-minute boat ride to the river. Perfect for boaters, investors, or families looking for a waterfront home in a great neighborhood. This move-in ready home offers 3 spacious bedrooms, 2 beautifully updated bathrooms, quartz countertops, stainless steel appliances, tile flooring throughout, washer and dryer, and a 2-car garage. Step outside to your outdoor retreat featuring an in-ground pool, travertine pool deck, outdoor shower, and a pergola overlooking the canal - perfect for entertaining or enjoying the water views. Additional upgrades include a newer roof and updated features throughout. With a spacious layout, versatile area ideal for a coffee station or bar setup, and incredible outdoor living, this home delivers the Southwest Florida waterfront lifestyle. Schedule your private showing today!
Full Property Details
Full Property Details for 117 SE 40th Terrace
General
- Price: $670,000
- Taxes: $7,613 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12007215
- Updated: 5/4/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Other, Walk-In Closet(s), Family Room, Florida Room, Utility/Laundry In Garage
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Primary Bath Shower
Other Rooms
- Living Room: Family Room, Florida Room, Sq. Ft.
- Laundry: In Garage
Additional Information
- Pool: Yes
- Pool Description: In Ground, 16X32
Exterior
- Deck/Patio: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway
Location
- Area: Cape Coral Subdivision
- County: Lee County
- Subdivision: CAPE CORAL SUBDIVISION
- Building Name: CAPE CORAL SUBDIVISION
- Driving Directions: PLEASE FOLLOW UP GPS.
- Direction Faces: South
Community
- Community Name: Cape Coral Subdivision
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Doors: High Impact Doors
- Square Feet: 1,594
- Living Area: 1,594 Sq. Ft.
- Year Built: 1979
Lot Features
- Property View: Canal
- Frontage Feet: 80
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: Residential
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Canal Front
Financial Considerations
- Price Per Sq. Ft.: $420.33
- Tax Amount: $7,613
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 10 BLK 241 PB 13 PG 31 LOTS 9 + 10
- Restrictions: Other Restrictions
- Inclusions: Private Dock
- Property ID: 12-45-23-C1-00241.0090
Listed by ACE Florida Realty, LLC
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Schools
Schools serving 117 SE 40th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 0.8 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.7 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.7 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.5 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6.4 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 SE 40th Terrace
Date
Details
Price
Change
Source
5/04/2026
Listed
$670,000
0.75%
MLS
4/10/2024
Sold
$665,000
—
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 117 SE 40th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,613
7%
$467,112
15%
2024
$7,144
175%
$405,581
253%
2023
$2,597
-47%
$114,920
-55%
2021
$4,945
-12%
$252,608
-33%
2022
$5,606
13%
$379,733
65%
2021
$4,945
7%
$230,130
1%
2019
$4,639
5%
$227,714
8%
2018
$4,429
-4%
$211,576
-3%
2017
$4,594
5%
$217,226
6%
2016
$4,380
3%
$204,116
5%
2015
$4,268
4%
$194,305
6%
2014
$4,119
23%
$182,811
-1%
2013
$3,358
—
$185,095
—
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 117 SE 40th Terrace
117 SE 40 Ter, Cape Coral, FL 33904 (MLS# A12007215) is a Single Family property with 3 bedrooms and 2 full bathrooms. 117 SE 40 Ter is currently listed for $670,000 and was received on May 04, 2026. Want to learn more about 117 SE 40 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.

