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$219,900
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Property Description
Discover the perfect place to build your dream home in one of Cape Coral's most desirable neighborhoods! This prime 3 lot is nestled in the highly sought-after Southwest Cape Coral area, just moments from the vibrant Cape Harbour Marina, where you can enjoy upscale waterfront dining, boutique shopping, and live entertainment year-round. This area is known for its beautifully maintained homes, lush tropical landscaping, and convenient access to boating and Gulf waters, making it one of the most prestigious sections of the city. You'll love being close to popular local favorites like Rumrunners, Fathoms, and The French Press, as well as top-rated schools, fitness centers, and everyday amenities. With all city assessments paid, this property is ready for construction-no delays, no added costs. The peaceful surroundings, walkable streets, and proximity to the marina and waterfront parks create the ideal balance of luxury and relaxation. Don't miss this rare opportunity to own land in the heart of SW Cape Coral's marina district, where homes retain exceptional value and the Southwest Florida lifestyle truly shines!
Full Property Details
Full Property Details for 1729 SW 40th Terrace
General
- Price: $219,900
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026007604
- Updated: 2/15/2026
- Added to Site: 17 day(s) ago
Additional Information
- Shared Amenities: None, Non-Gated
Location
- Area: CC22 - Cape Coral Unit 69, 70, 72-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: From Chiquita Blvd. S turn west onto Savona Pkwy W. turn left onto 17th Pl turn right onto 40th Terrace your destination will be on the right.
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Dual Water, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: City
- Lot Size (Acres): 0.344
- Lot Size (Sq. Ft.): 14,984
- Lot Size Source: Survey
- Lot Dimensions: 120 x 120 x 126 x 126
- Frontage: Access Road, Public Road
- Frontage Feet: 120
- Street/Road Desc.: Paved
- Irrigation System: Assessment Paid, Central
- Lot Features: 3 Lots, Oversize
- Trees/Vegetation: Grassed
- Zoning: R1-D
- Lot Description: 3 Lots, Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $639,244
- Tax Year: 2025
- Terms: Buyer Finance/Cash, Buyer Pays Title, Cash, FHA
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 70 BLK 4733 PB 22 PG 78 LOTS 36 THRU 38
- Property ID: 09-45-23-C2-04733.0360
- Section: 9
- Block: 4733
- Lot Number: 36
Listed by Starlink Realty, Inc
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Schools
Schools serving 1729 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 | 0.9 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 3.9 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 0.6 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.1 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 0.8 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 8.6 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 1729 SW 40th Terrace
Date
Details
Price
Change
Source
2/15/2026
Listed
$219,900
505.48%
MLS
7/23/2019
Sold
$36,318
—
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 1729 SW 40th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,231
-35%
$115,473
3%
2024
$1,890
22%
$111,584
47%
2023
$1,545
4%
$76,159
81%
2021
$1,482
-1%
$41,975
-27%
2022
$1,497
1%
$57,270
35%
2021
$1,482
-17%
$42,320
229%
2019
$1,785
-1%
$12,862
10%
2018
$1,810
8%
$11,693
-62%
2017
$1,679
2%
$31,170
29%
2016
$1,653
-4%
$24,150
27%
2015
$1,720
9%
$18,975
56%
2014
$1,575
20%
$12,200
22%
2013
$1,314
—
$10,000
—
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 1729 SW 40th Terrace
1729 SW 40th Ter, Cape Coral, FL 33914 (MLS# 2026007604) is a Residential Lots property with a lot size of 0.344 acres. 1729 SW 40th Ter is currently listed for $219,900 and was received on February 15, 2026. Want to learn more about 1729 SW 40th Ter? Do you have questions about finding other Residential Lots 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.

