531 SW 40th Ter, Cape Coral, FL 33914 - Photo 1

1/1

$172,000

Sold
Closed
Residential Lots
0.23 Acres

1/1

Property Description

Gulf Access. Brand New Seawall Just Installed By Williamson Bros. 30 Minutes To Open Water. Quiet, Upscale Neighborhood With Beautiful Houses On Both Sides. Assessments Paid. Seller Is Also A Builder and Has A Few Different Floorplans To Choose From.

Full Property Details

Full Property Details for 531 SW 40th Terrace

General

Sold For: $172,000
Taxes: (2024)
Status: Closed
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 225045574
Added to Site: 255 day(s) ago

Additional Information

Shared Amenities: Boating, Non-Gated

Location

Area: CC21 - Cape Coral Unit 3, 30, 44, 6
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: South

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Paid
Water: Assessment Paid, Irrigation Water
Utility Description: Sewer Available, Water Available

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Single Family

Lot Features

Property View: Canal
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Survey
Lot Dimensions: 80 x 80 x 125 x 125
Frontage Feet: 80
Street/Road Desc.: Paved
Irrigation System: Assessment Paid
Lot Features: Regular
Zoning: R1-W
Lot Description: Regular

Water Features

Water Front: Yes
Gulf Access: Yes
Water Front Desc.: Canal Front, Seawall
Canal Width: Canal Width 81-120
Boat Dock Slip: Yes

Financial Considerations

Price Per Acre: $747,826
Tax Year: 2024
Terms: Buyer Finance/Cash, Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 44 BLK 1729 PB 21 PG 112 LOTS 5 + 6
Section: 11
Block: 1729
Lot Number: 5

Listed by Jason Mitchell Real Estate Flo
Sold by Pelican Vista Realty

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— 531 SW 40th Terrace —

Jason Mitchell Real Estate Flo

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Schools

Schools serving 531 SW 40th Terrace

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

Name	Grades	Distance
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914	K-5	0.7 mi
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914	K-5	1.9 mi
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904	K-5	2.5 mi
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914	6-8	1.7 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	3.1 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	3.5 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	2 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	2.3 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	6.2 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 531 SW 40th Terrace

Date

Details

Price

Change

Source

12/19/2025

Sold

$172,000

-11.75%

MLS

11/14/2025

Price Reduced

$194,900

-2.5%

MLS

8/19/2025

Price Reduced

$199,900

-4.81%

MLS

7/30/2025

Price Reduced

$210,000

-6.67%

MLS

5/08/2025

Listed

$225,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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2
Beds
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Total Baths
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Sq. Ft.

531 SW 40th Ter, Cape Coral, FL 33914 (MLS# 225045574) is a Residential Lots property that was sold at $172,000 on December 19, 2025. Want to learn more about 531 SW 40th Ter? Do you have questions about finding other Residential Lots 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.

531 SW 40th Terrace Cape Coral, FL 33914