4406 NW 40th Ter, Cape Coral, FL 33993 - Photo 1

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$45,000

For Sale
Active
Land Residential
0.23 Acres

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Property Description

Hurry, Hurry, Hurry to take advantage of this great piece of property in an upcoming community in the heart of Cape Coral, ready to build near ocean access waterways or keep for even more lucrative future projects. Price to Sell .... Motivated Seller!!! Call Listing Agent!!

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Full Property Details

Full Property Details for 4406 NW 40th Terrace

General

Price: $45,000
Taxes: $1,176 (2025)
Status: Active
Type: Land Residential
Source: Greater_Miami
MLS ID: A11952639
Updated: 2/4/2026
Added to Site: 31 day(s) ago

Location

Area: Cape Coral Unit
County: Lee County
Subdivision: Cape Coral Unit
Building Name: Cape Coral Unit
Direction Faces: North

Community

Community Name: Cape Coral Unit

Structural Information

Structure Type: Residential
Detached/Attached: Detached
Current Bldg. Use: Residential, Check Land Use Plan, Other Usage

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.23
Lot Features: Above Ground Irrigation, Cleared, Other, Well
Development Status: Other
Trees/Vegetation: No Trees, Other Trees

Financial Considerations

Tax Amount: $1,176
Tax Year: 2025
Terms: All Cash, Conventional

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 90 BLK 5462 PB 24 PG 28 LOTS 5 + 6
Property ID: 13-43-22-C3-05462.0050

Listed by McKenzie Realty, LLC

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— 4406 NW 40th Terrace —

McKenzie Realty, LLC

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Schools

Schools serving 4406 NW 40th Terrace

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	7.5 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	8.4 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	9 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	6 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	8.9 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5.8 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	8.2 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	10 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	9.2 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 4406 NW 40th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/26/2026

Listed

$45,000

-94.89%

MLS

6/24/2022

Sold

$879,900

—

Public Record

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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 4406 NW 40th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$9,741

-16%

$633,319

-7%

2024

$11,635

$680,556

2023

$11,317

651%

$654,382

835%

2021

$1,506

-28%

$70,000

-44%

2022

$2,078

38%

$125,000

98%

2021

$1,506

$63,000

2019

$1,388

$58,000

2018

$1,353

$53,240

-11%

2017

$1,301

$60,000

—

2016

$1,238

19%

$60,000

50%

2015

$1,044

—

$40,000

2014

$1,044

41%

$38,000

20%

2013

$740

—

$31,700

—

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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 4406 NW 40th Terrace

4406 NW 40th Ter, Cape Coral, FL 33993 (MLS# A11952639) is a Land Residential property with a lot size of 0.23 acres. 4406 NW 40th Ter is currently listed for $45,000 and was received on January 26, 2026. Want to learn more about 4406 NW 40th Ter? Do you have questions about finding other Land Residential 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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4406 NW 40th Terrace Cape Coral, FL 33993