1306 SE 40th Terrace | Cape Coral, FL Multifamily Property For Sale

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$325,000
New Listing

1306 SE 40th Terrace
Cape Coral, FL 33904

For Sale|Duplex|Active
4
Beds
4
Total Baths
4
Full Baths

SqFt

/SqFt
1964
Built
Subdivision:
CAPE CORAL
County:
Lee
Call Now: (612) 961-5858
Is this the listing for you? We can help make it yours.
(612) 961-5858
1306 SE 40th Terrace1306 SE 40th Terrace1306 SE 40th Terrace1306 SE 40th Terrace
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Monthly Payment (Est.)

$1,483
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Duplex in SE Cape Coral an excellent income-producing opportunity ready to perform from day one. New roof March 2026. Welcome to one of SE Cape Coral's most spacious and well-maintained duplex opportunities, a two-unit property offering 4 bedrooms and 4 bathrooms with 1,896 SF. Each unit is 2 bedrooms and 2 bathrooms with the same layout on both sides. Whether you are an investor seeking strong rental income or a buyer looking to live in one unit while the other pays the mortgage, this is a great investment opportunity. Tile flooring runs throughout both units and each kitchen is equipped with a range, refrigerator, dishwasher, and built-in cabinetry. A screened lanai and porch on each unit adds the Florida outdoor living element that tenants and owners both love. Both units are serviced by central water and sewer. Paved parking and ample outdoor space on the oversized lot round out a complete and practical package. The brand-new roof was installed in March 2026. Ideally located in SE Cape Coral, this property sits near shopping, dining, entertainment, schools, and major roadways, placing both units in a highly rentable corridor with strong year-round tenant demand. The growing South Cape district, with Bimini Square, The Cove at 47th, Slipaway Marina, and the $225 million Yacht Club Community Park redevelopment all nearby, continues to strengthen the desirability and long-term value of SE Cape Coral addresses for both renters and buyers.

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Listing Snapshot
Price 
$325,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
0 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1964
MLS® Number 
2026035222
Status 
Active
Property Tax 
$5,246.29
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
15 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.23
Pets 
Yes
Property Sub Type 
Duplex
Sewer 
Public Sewer
Style 
Duplex
Utilities 
Cable Available
Water Source 
Public
Zoning 
RML
Interior Features
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Tile
Heating 
CentralElectric
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Exterior Features
Construction Details 
BlockConcreteStucco
Lot Features 
Rectangular Lot
Patio And Porch 
Patio
Roof 
Shingle
Community Features
Association Amenities 
None
Financing Terms Available 
Cash
MLS Area 
CC12 - Cape Coral Unit 7-15
Listing courtesy of Compass Florida LLC


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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