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$325,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 4 Full Baths
  • 1,896 Sq. Ft.
  • Updated 5 days ago
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Duplex in SE Cape Coral an excellent income-producing opportunity ready to perform from day one. New roof March 2026. Welcome to one of SE Cape Coral's most spacious and well-maintained duplex opportunities, a two-unit property offering 4 bedrooms and 4 bathrooms with 1,896 SF. Each unit is 2 bedrooms and 2 bathrooms with the same layout on both sides. Whether you are an investor seeking strong rental income or a buyer looking to live in one unit while the other pays the mortgage, this is a great investment opportunity. Tile flooring runs throughout both units and each kitchen is equipped with a range, refrigerator, dishwasher, and built-in cabinetry. A screened lanai and porch on each unit adds the Florida outdoor living element that tenants and owners both love. Both units are serviced by central water and sewer. Paved parking and ample outdoor space on the oversized lot round out a complete and practical package. The brand-new roof was installed in March 2026. Ideally located in SE Cape Coral, this property sits near shopping, dining, entertainment, schools, and major roadways, placing both units in a highly rentable corridor with strong year-round tenant demand. The growing South Cape district, with Bimini Square, The Cove at 47th, Slipaway Marina, and the $225 million Yacht Club Community Park redevelopment all nearby, continues to strengthen the desirability and long-term value of SE Cape Coral addresses for both renters and buyers.

Full Property Details for 1306 SE 40th Terrace

General

  • Price: $325,000
  • Taxes: (2025)
  • Status: Active
  • Type: Duplex
  • Source: Bonita_Springs
  • MLS ID: 2026032342
  • Updated: 8/7/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: Split Bedrooms, Built-In Cabinets
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Dining - Living

Additional Information

  • Shared Amenities: None, Non-Gated

Exterior

  • Porch/Patio/Deck: Screened Lanai/Porch, Patio

Parking

  • Parking Features: 2+ Spaces

Location

  • Area: CC12 - Cape Coral Unit 7-15
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Direction Faces: North

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Structure Type: Duplex
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Single Hung
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 1,896
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,896 Sq. Ft.
  • Year Built: 1964

Lot Features

  • Property View: Landscaped Area
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 80 x 80 x 125 x 125
  • Frontage Feet: 80
  • Street/Road Desc.: Paved
  • Irrigation System: Central
  • Lot Features: Regular
  • Zoning: RML
  • Lot Description: Regular

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: CAPE CORAL UNIT 7 BLK 313 PB 12 PG 123 LOTS 3 + 4
  • Property ID: 07-45-24-C2-00313.0030
  • Section: 7
  • Block: 313
  • Lot Number: 3

Listed by Compass Florida LLC

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Listing agents

— 1306 SE 40th Terrace —

  • Compass Florida LLC

  • Compass Florida LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1306 SE 40th Terrace

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Cape Elementary School
4519 Vincennes Boulevard, Cape Coral, FL 33904
K-50.6 mi
Pelican Elementary School
3525 Southwest 3rd Avenue, Cape Coral, FL 33914
K-52.1 mi
Gulf Elementary School
3400 Southwest 17th Place, Cape Coral, FL 33914
K-54.2 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-84.1 mi
Trafalgar Middle School
2120 Trafalgar Parkway, Cape Coral, FL 33991
6-85.3 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-124.3 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-126.3 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-127.1 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 1306 SE 40th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/07/2026
Listed
$325,000
251.35%
MLS
2/13/2013
Sold
$92,500
—
Public Record
Get Price Alerts and Save Property
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 for 1306 SE 40th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,246
—
$232,562
10%
2025
$5,246
8%
$211,420
-24%
2024
$4,861
12%
$277,610
23%
2023
$4,331
23%
$225,506
41%
2021
$3,526
-11%
$160,180
-30%
2022
$3,983
13%
$229,952
58%
2021
$3,526
12%
$145,343
22%
2019
$3,155
6%
$119,341
10%
2018
$2,964
5%
$108,492
-14%
2017
$2,828
13%
$125,977
29%
2016
$2,493
9%
$97,931
16%
2015
$2,281
9%
$84,308
14%
2014
$2,102
17%
$74,102
15%
2013
$1,798
—
$64,494
—
View All
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 for 1306 SE 40th Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass Florida LLC

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1306 SE 40th Ter, Cape Coral, FL 33904 (MLS# 2026032342) is a Duplex property with 4 bedrooms and 4 full bathrooms. 1306 SE 40th Ter is currently listed for $325,000 and was received on August 07, 2026. Want to learn more about 1306 SE 40th Ter? Do you have questions about finding other Duplex 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.

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