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$315,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,186 Sq. Ft.
  • Updated 8 days ago
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Boat lifts have been approved!! Hurry! Ask for details. This beautifully updated and MOVE-IN-READY, FIRST-FLOOR 2-bedroom, 2-bath condo is located in Southeast Cape Coral's most desirable Beach Parkway area. The VIEWS from this home are unbelievable This renovated end unit offers panoramic views of a 200-ft-wide canal with DIRECT SAILBOAT ACCESS and NO BRIDGES, just moments to the Caloosahatchee River. Dock your boat right behind your unit accommodating up to a 30-ft. boat, making this a true boater's dream. Inside, the light-filled open floor plan features two triple sliding glass doors that showcase stunning water views and seamlessly blend indoor and outdoor living. The home has been tastefully updated throughout, featuring a beautifully renovated kitchen with quartz countertops, custom cabinetry, and updated appliances. Both bathrooms have been upgraded with quality finishes, Relax and entertain in the enclosed and screened lanai, perfect for enjoying year-round waterfront living. NO FLOODING, Impact-resistant windows and sliding doors provide peace of mind, while recent community improvements include new standing seam metal roofs, soffits, carport roofs, and gutters. Additional features include a community pool and a 5x8 private storage unit located at the carport. This is a beauty!!

Full Property Details for 1927 SE 40th Terrace #107

General

  • Price: $315,000
  • HOA FEE: $800/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026013101
  • Updated: 5/3/2026
  • Added to Site: 53 day(s) ago

Rental Information

  • Lease/Rent Term: 90
  • Min. Lease (Days): 90

Interior

  • Interior Features: Great Room, Walk-In Closet(s)
  • Appliances: Refrigerator with Icemaker, Washer, Dishwasher, Disposal, Dryer, Microwave, Range
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Dining - Living

Additional Information

  • Shared Amenities: Community Boat Dock, Pool, Boating, Non-Gated

Exterior

  • Exterior Features: Dock Included, None
  • Porch/Patio/Deck: Screened Lanai/Porch

Parking

  • Carports: Yes
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Assigned, Covered, Detached Carport

Location

  • Area: CC12 - Cape Coral Unit 7-15
  • County: Lee
  • Subdivision: VILLA LISA CONDO
  • Building Name: VILLA LISA CONDO
  • Direction Faces: South

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds, Legal/Accounting, Manager, Master Assn. Fee Included, Reserve
  • Units Assoc/Comm: 100
  • Pets Allowed: Yes
  • Number of Pets: 2
  • Management Type: Professional

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: Central Electric

Utilities

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

Structural Information

  • Description/Design: Low Rise (1-3)
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Metal
  • Windows: Single Hung, Impact Resistant Windows, Window Coverings
  • Doors: Impact Resistant Doors
  • Entry Floor Number: 1
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 1,186
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,186 Sq. Ft.
  • Year Built: 1975

Lot Features

  • Property View: Canal, Intersecting Canal, Partial River
  • Lot Size (Acres): 0.0665
  • Lot Size (Sq. Ft.): 2,896
  • Lot Size Source: Property Appraiser Office
  • Irrigation System: Central

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: Canal Front
  • Canal Width: Canal Width 151-200
  • Boat Dock Slip: Yes

Financial Considerations

  • Condo Fee: $2,400
  • Condo Fee Freq: Quarterly
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Condo
  • Legal Description: VILLA-LISA CONDO UNIT 4 OR 951 PG 626 APT 107
  • Property ID: 08-45-24-C1-00500.1070
  • Section: 8
  • Block: 500
  • Lot Number: 107

Listed by John R. Wood Properties

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— 1927 SE 40th Terrace #107 —

  • John R. Wood Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1927 SE 40th Terrace #107

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Cape Elementary School
4519 Vincennes Boulevard, Cape Coral, FL 33904
K-51.1 mi
Pelican Elementary School
3525 Southwest 3rd Avenue, Cape Coral, FL 33914
K-52.9 mi
Gulf Elementary School
3400 Southwest 17th Place, Cape Coral, FL 33914
K-55 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-84.9 mi
Trafalgar Middle School
2120 Trafalgar Parkway, Cape Coral, FL 33991
6-85.9 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
9-125.1 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-126.1 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-127.5 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 1927 SE 40th Terrace #107 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/20/2026
Listed
$315,000
23.53%
MLS
10/05/2018
Sold
$255,000
—
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 1927 SE 40th Terrace #107

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,864
-6%
$209,304
-17%
2024
$4,127
-4%
$252,726
-19%
2023
$4,317
35%
$311,195
89%
2021
$3,202
-9%
$164,970
-28%
2022
$3,526
10%
$228,191
38%
2021
$3,202
-4%
$165,538
—
2019
$3,325
-2%
$166,345
—
2018
$3,391
4%
$166,345
5%
2017
$3,258
4%
$159,078
—
2016
$3,122
12%
$159,044
23%
2015
$2,799
5%
$129,300
7%
2014
$2,666
37%
$121,330
8%
2013
$1,942
—
$112,000
—
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 1927 SE 40th Terrace #107

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Listed by John R. Wood Properties

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1927 SE 40th Ter #107, Cape Coral, FL 33904 (MLS# 2026013101) is a Single Family property with 2 bedrooms and 2 full bathrooms. 1927 SE 40th Ter #107 is currently listed for $315,000 and was received on March 20, 2026. Want to learn more about 1927 SE 40th Ter #107? 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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