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$294,900
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Property Description
PRICE IMPROVEMENT - NOW UNDER $295K! Welcome to 126 SE 40th Ter, Cape Coral, FL 33904-a stunning single-family home nestled in the heart of one of Cape Coral's most desirable neighborhoods! This beautifully maintained property offers the perfect blend of comfort and Florida charm, featuring 3 spacious bedrooms, 2 modern bathrooms, and an open-concept living area that's ideal for entertaining. Step inside to find a bright, airy interior with tile flooring throughout, a contemporary kitchen with stainless steel appliances, and a cozy dining area overlooking the lush backyard. Major updates include high-impact windows, a newer roof, and updated electrical for added safety, efficiency, and peace of mind. The master suite boasts a walk-in closet and a private en-suite bath, providing a peaceful retreat after a long day. Enjoy the Florida sunshine in your private, screened-in lanai-perfect for morning coffee or evening gatherings. The large backyard offers plenty of space for a pool or garden, making it a true oasis for outdoor living. Located just minutes from vibrant Downtown Cape Coral, you'll have easy access to local favorites like The Dek Bar, Ford's Garage, and Lobster Lady Seafood Market & Bistro. Shopping, parks, and top-rated schools are all nearby, making this location both convenient and charming. Don't miss your chance to own this exceptional home in a prime Cape Coral location-schedule your private tour today!
Full Property Details
Full Property Details for 126 SE 40th Terrace
General
- Price: $294,900
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025023043
- Updated: 12/18/2025
- Added to Site: 45 day(s) ago
Interior
- Interior Features: Built-In Cabinets
- Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Self-Cleaning Oven
- Furnishings: Negotiable
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: None
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Formal
- Laundry: Washer/Dryer Hookup, In Garage, Sink
Additional Information
- Shared Amenities: Non-Gated
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Automatic Sprinkler
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2+ Spaces, Driveway Paved, Garage Door Opener, Attached
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
- Subdivision: CAPE CORAL - LEE COUNTY INDUSTRIAL PARK
- Building Name: CAPE CORAL
- Driving Directions: CAPE CORAL BRIDGE, WEST ON CAPE CORAL PKWY TO NORTH ON SANTA BARBARA BLVD. TO RIGHT (EAST) ON SE 40TH TER....HOUSE IS ON YOUR RIGHT
- Direction Faces: North
Community
- Assoc. Fees Include: Cable TV, Insurance
- 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): 4
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Structure Type: Efficiency
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Common Walls: Corner
- Windows: Impact Resistant, Impact Resistant Windows
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,200
- Sq. Ft. Source: Survey
- Living Area: 1,200 Sq. Ft.
- Year Built: 1977
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.267
- Lot Size (Sq. Ft.): 11,630
- Lot Size Source: Survey
- Lot Dimensions: 118 x 118 x 100 x 100
- Frontage: Access Road, Public Road
- Frontage Feet: 118
- Fence: Yes
- Irrigation System: Assessment Paid, Central
- Lot Features: Corner Lot
- Zoning: R1
- Lot Description: Corner Lot
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, Buyer Pays Title, Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 10 BLK 240 PB 13 PG 31 LOTS 13 + 14
- Property ID: 12-45-23-C1-00240.0130
- Section: 12
- Block: 240
- Lot Number: 13
Listed by Epique Realty, Inc.
Get Pre-Approved Today
Schools
Schools serving 126 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 | 1.6 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.8 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.6 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.3 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 | 2.3 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 |
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 126 SE 40th Terrace
Date
Details
Price
Change
Source
12/18/2025
Price Reduced
$294,900
-1.37%
MLS
12/03/2025
Listed
$298,997
81.32%
MLS
6/17/2016
Sold
$164,900
—
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 126 SE 40th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,526
-36%
$141,084
3%
2024
$2,376
6%
$137,108
3%
2023
$2,250
11%
$133,115
-6%
2021
$2,033
-1%
$142,212
10%
2022
$2,053
1%
$129,238
4%
2021
$2,033
4%
$123,742
4%
2018
$1,951
1%
$118,705
1%
2017
$1,941
-1%
$117,899
-3%
2019
$1,970
-16%
$120,960
22%
2016
$2,345
15%
$98,823
20%
2015
$2,036
5%
$82,397
1%
2014
$1,939
15%
$81,805
16%
2013
$1,682
—
$70,491
—
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 126 SE 40th Terrace
126 SE 40th Ter, Cape Coral, FL 33904 (MLS# 2025023043) is a Single Family property with 3 bedrooms and 2 full bathrooms. 126 SE 40th Ter is currently listed for $294,900 and was received on December 03, 2025. Want to learn more about 126 SE 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.

