This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$700,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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
Full Property Details for 1903 SE 40th Terrace #104
General
- Sold For: $700,000
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225020692
- Added to Site: 457 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.: No Bridge(s)/Water Direct, 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
Sold by ERA Cape Realty
Get Pre-Approved Today
Schools
Schools serving 1903 SE 40th Terrace #104
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.8 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 4.2 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.5 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 4.6 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 4.8 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.5 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 5 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 6.1 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 1903 SE 40th Terrace #104
Date
Details
Price
Change
Source
5/26/2026
Sold
$700,000
-1.41%
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1903 SE 40th Ter #104, Cape Coral, FL 33904 (MLS# 225020692) is a Single Family property that was sold at $700,000 on May 26, 2026. 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.

