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Property Description
DIRECT GULF ACCESS Luxury Home in SE Cape Coral - Your Florida Dream Come True! Just 2 minutes to the river, this stunning Gulf-access home offers the ultimate Florida lifestyle. Designed and fully furnished by "Leili" with high-end designer furnishings, this home offers the ultimate in coastal luxury. A masterpiece in design, both inside and out, this property boasts high ceilings, an open contemporary layout, and expansive sliding doors, filling the space with natural light and creating a bright, inviting atmosphere. Enjoy a spacious living room, a chef's kitchen with quartz countertops, and tile flooring throughout. The home includes a 3-car garage, providing ample space for cars or storage. Step outside to a breathtaking pool area with sweeping canal views. The outdoor oasis features a heated pool, spa, and a custom-designed outdoor kitchen perfect for family gatherings or relaxing in style. This home is sold turnkey, complete with high-end designer furniture, Sonos sound system, TV package, and curated decor. For boating enthusiasts, the property includes a boat dock with a Tiki area and boat lift, adding convenience and ease to your waterfront lifestyle. Located near Cape Coral's only beach, with nearby dining and entertainment options, this home offers luxury and convenience in one of the city's most desirable areas. Highlights: "¢ Direct Gulf access, just 2 minutes to the river "¢ Wide canal views from the expansive pool and spa area "¢ Turnkey with designer furnishings and entertainment package "¢ 3-car garage, custom outdoor kitchen, and boat dock with Tiki area and lift Don't miss your chance to own this extraordinary home-schedule your showing today!
Full Property Details
Full Property Details for 1732 SE 40th Terrace
General
- Price: $2,400,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026001245
- Updated: 1/17/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Split Bedrooms, Great Room, Den - Study, Loft, Volume Ceiling, Walk-In Closet(s), Pantry, Tray Ceiling(s), Built-In Cabinets, Wired for Data, Cathedral Ceiling(s), Custom Mirrors, Entrance Foyer
- Appliances: Refrigerator with Icemaker, Washer, Dishwasher, Disposal, Dryer, Microwave, Range
- Furnishings: Turnkey
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Kitchen: Kitchen Island, Pantry, Walk-In Pantry
- Dining Room: Dining - Living
- Laundry: Inside, Sink
Additional Information
- Shared Amenities: None, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Electric Heat, Screen Enclosure
- Spa: Yes
- Spa Description: In Ground, Heated (Electric), Screened
- Security/Safety: Security System, Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Boat Canopy/Cover, Dock, Boat Lift, Composite Dock, Elec Avail at dock, Water Avail at Dock, Outdoor Grill, Outdoor Kitchen, Automatic Sprinkler
- Porch/Patio/Deck: Open Porch/Lanai, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Heading Delprado Blvd. south, turn left on SE 40th Ter Property is on right side
- 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: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Contemporary
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Tile
- Windows: Impact Resistant, Impact Resistant Windows, Shutters Electric, Window Coverings
- Doors: Impact Resistant Doors, Zero/Corner Door Sliders, French Doors
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 3,082
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 3,082 Sq. Ft.
- Year Built: 2022
Additional Structures
- Other Structures: Tiki Hut
Lot Features
- Property View: Canal, Intersecting Canal
- Lot Size (Acres): 0.229
- Lot Size (Sq. Ft.): 9,975
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage Feet: 80
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: R1
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front, Intersecting Canal
- Canal Width: Canal Width 151-200
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 7 BLK.390 PB 12 PG 112 LOTS 61 + 62
- Property ID: 08-45-24-C1-00390.0610
- Section: 8
- Block: 390
- Lot Number: 61
Listed by RE/MAX Realty Team
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Schools
Schools serving 1732 SE 40th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 0.9 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.7 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 4.8 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 4.6 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 5.8 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.4 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.9 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 6.1 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.4 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 1732 SE 40th Terrace
Date
Details
Price
Change
Source
1/11/2026
Listed
$2,400,000
62.17%
MLS
3/10/2022
Sold
$1,479,900
—
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 1732 SE 40th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,570
-1%
$1,444,278
-2%
2024
$20,874
32%
$1,473,313
55%
2023
$15,757
226%
$952,191
263%
2021
$4,840
-12%
$262,664
-27%
2022
$5,473
13%
$359,031
18%
2021
$4,840
-9%
$303,619
-1%
2019
$5,329
-9%
$305,930
6%
2018
$5,841
-4%
$287,481
-5%
2017
$6,082
10%
$303,626
15%
2016
$5,548
-3%
$264,772
-1%
2015
$5,726
-10%
$267,695
-8%
2014
$6,343
10%
$290,296
8%
2013
$5,779
—
$268,295
—
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 1732 SE 40th Terrace
1732 SE 40th Ter, Cape Coral, FL 33904 (MLS# 2026001245) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1732 SE 40th Ter is currently listed for $2,400,000 and was received on January 11, 2026. Want to learn more about 1732 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.

