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$710,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,305 Sq. Ft.
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A piece of paradise! This gorgeous 2 story penthouse is a rare gem to find in cape coral. Great for the avid boater, fisherman, or just for you to enjoy luxury maintenance free living. This exquisite waterfront residence offers an unparalleled living with Direct Gulf Access, just 100 yards from the river. Breathtaking views through 23-foot floor-to-ceiling impact-resistant windows that frame two 200-foot intersecting canals right in your backyard. Endless entertainment from your private screened in balcony. Relax and watch dolphins play, manatees graze, boats cruising by chasing the beautiful Florida sunsets. Every inch of this home was tastefully remodeled over the years. The oversized kitchen is a culinary masterpiece, adorned with quartz countertops, designer tile, and premium soft close cabinetry, seamlessly flowing into a sophisticated breakfast bar. The residence is graced with a host of luxurious amenities, including a handmade 23ft tall natural stone fireplace, luxury vinal flooring, wet bar, custom floor-to-ceiling drapes, remote shades, illuminated captains walk and fishing pier. The community offers a heated pool with serene canal views, fishing pier, and for boating enthusiasts, a deeded boat lift awaits, along with your personal private garage, plus an abundance of guest parking. Enjoy a leisurely lifestyle with boating facilities that complement this unique offering. Experience Cape Coral's finest living in a home that is truly one-of-a-kind in an exceptional location for a vibrant lifestyle, 1 mile to downtown cape coral loaded with local restaurants, annual festivities and city-organized events. Motivated sellers with financing available at 4.75% interest.

Full Property Details for 1903 SE 40th Terrace #104

General

  • Price: $710,000
  • Taxes: (2024)
  • Status: Pending
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 225020692
  • Updated: 11/29/2025
  • Added to Site: 328 day(s) ago

Rental Information

  • Lease/Rent Term: 365
  • Min. Lease (Days): 365

Interior

  • Interior Features: Split Bedrooms, Great Room, Loft, Bar, Built-In Cabinets, Wired for Data, Custom Mirrors, Volume Ceiling
  • Fireplace: Yes
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator/Freezer
  • Furnishings: Unfurnished
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Two Master Suites

Other Rooms

  • Kitchen: Kitchen Island
  • Dining Room: Breakfast Bar, Formal
  • Laundry: Inside

Additional Information

  • Shared Amenities: Community Boat Dock, Pool, Fish Cleaning Station, Fishing, Sidewalks, Boating
  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Dock, Boat Lift, Captain's Walk, Elec Avail at dock, Water Avail at Dock, Storage
  • Porch/Patio/Deck: Screened Lanai/Porch, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Assigned, Guest, Garage Door Opener, Attached

Location

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

Community

  • Association: Yes
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Pest Control Exterior, Repairs, Reserve, Trash, Water
  • Units Assoc/Comm: 12
  • Pets Allowed: Yes
  • Management Type: Professional

Heating & Cooling

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

Utilities

  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central
  • Cable Available: Yes
  • Utility Description: Underground Utilities, Cable Available

Structural Information

  • Architectural Style: Penthouse
  • Description/Design: Low Rise (1-3)
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Metal
  • Common Walls: Corner
  • Windows: Impact Resistant, Impact Resistant Windows, Window Coverings
  • Doors: Impact Resistant Doors, French Doors
  • Entry Floor Number: 2
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 2,305
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 2,305 Sq. Ft.
  • Year Built: 1981

Lot Features

  • Property View: Canal, Intersecting Canal, River, Water
  • Lot Size (Acres): 0.1013
  • Lot Size (Sq. Ft.): 4,412
  • Lot Size Source: Property Appraiser Office
  • Street/Road Desc.: Paved
  • Irrigation System: Assessment Paid, Central
  • Lot Features: Zero Lot Line
  • Lot Description: Zero Lot Line

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: Canal Front, Intersecting Canal, River Front
  • Canal Width: Canal Width 200+
  • Boat Dock Slip: Yes

Financial Considerations

  • Other Assoc Fees: $2,604
  • Other Fee Freq.: Quarterly
  • Tax Year: 2024
  • Terms: Buyer Finance/Cash, FHA, Owner Will Carry, VA Loan

Disclosures and Reports

  • Ownership: Condo
  • Legal Description: VISTA POINTE CONDO OR 1476 PG 491 SUITE A-104
  • Property ID: 08-45-24-C1-0040A.1040
  • Section: 8
  • Block: 40A
  • Lot Number: 104

Listed by Compass Florida LLC

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Listing agent

— 1903 SE 40th Terrace #104 —

  • 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 1903 SE 40th Terrace #104

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Cape Elementary School
4519 Vincennes Boulevard, Cape Coral, FL 33904
K-51 mi
Pelican Elementary School
3525 Southwest 3rd Avenue, Cape Coral, FL 33914
K-52.8 mi
Skyline Elementary School
620 Southwest 19th Street, Cape Coral, FL 33991
K-54.2 mi
Challenger Middle School, Cape Coral, FL
624 Trafalgar Parkway, Cape Coral, FL 33991
6-84.5 mi
Caloosa Middle School
610 Del Prado Boulevard South, Cape Coral, FL 33990
6-84.6 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-84.8 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123.5 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-125 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-126.1 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 1903 SE 40th Terrace #104 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/25/2025
Price Reduced
$710,000
-1.39%
MLS
5/22/2025
Price Reduced
$720,000
-1.37%
MLS
5/02/2025
Price Reduced
$730,000
-1.35%
MLS
2/24/2025
Listed
$740,000
19.35%
MLS
10/02/2023
Sold
$620,000
—
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 1903 SE 40th Terrace #104

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,823
-12%
$290,469
3%
2024
$4,342
-9%
$282,283
-8%
2023
$4,790
6%
$306,711
3%
2022
$4,531
-4%
$297,778
3%
2021
$4,698
—
$289,105
9%
2021
$4,698
-9%
$264,053
—
2019
$5,140
-13%
$264,860
-11%
2018
$5,891
4%
$297,623
-1%
2017
$5,659
2%
$302,005
-3%
2016
$5,532
11%
$312,453
21%
2015
$4,971
6%
$257,800
5%
2014
$4,707
7%
$246,200
-1%
2013
$4,403
—
$248,700
—
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 1903 SE 40th Terrace #104

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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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1903 SE 40th Ter #104, Cape Coral, FL 33904 (MLS# 225020692) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1903 SE 40th Ter #104 is currently listed for $710,000 and was received on February 24, 2025. Want to learn more about 1903 SE 40th Ter #104? 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.

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