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1306 SE 40th Terrace

Cape Coral, FL 33904
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Bed 4

Bed

Bath 4

Bath

SqFt1,896

Sqft

Acres0.23

Acre(Lot)

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 b y 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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Detail Ic Property Details

Property Type : Residential

Price : $325,000

AD Id : 89216878

MLS Id : 2026032342

Beds : 4

Lot Size : 0.23 Acre

Living Area Size : 1,896

Year Built : 1964

County : Lee

Subdivision: Cape Coral

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Roofing Information

    Shingle

    Flooring Information

    Tile
  • Interior Features

    BuiltInFeatures, BedroomOnMainLevel, LivingDiningRoom, ShowerOnly, SeparateShower, SplitBedrooms
    Roof: Shingle
    Appliances: Dishwasher, Microwave, Range, Refrigerator
    Window Features: SingleHung
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric

  • Building Information

    Year Built: 1964
    Building Area Total: 1896
    Construction Materials: Block, Concrete, Stucco
    Patio And Porch Features: Lanai, Patio, Porch, Screened
    Private Pool: No
    Water front Features: None
    View: Landscaped
  • Exterior Features

    Exterior Features: None, Patio

  • Lot Information

    Lot Dimensions: 80 x 125 x 80 x 125 Main Square Feet: 0.23 Lot Size Acres: 0.23 Lot Size Source: Appraiser Lot Description: RectangularLot

    Property Information

    Subdivision: CAPE CORAL Source Property Type: Residential Zoning Description: RML Property SubType: Duplex Direction Faces: North Property Age: 62

  • Listing Price Information

    Listing Price: $325000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 07-45-24-C2-00313.0030 Tax Lot: 3 Tax Block: 313 Tax Year: 2025 Annual Tax: $5246.29 Tax Legal Desc: CAPE CORAL UNIT 7 BLK 313 PB 12 PG 123 LOTS 3 + 4

  • Parking Information

    TwoSpaces

    Garage Information

    Pets Allowed: Yes

    Homeowners Association Information

    Included Fees: None
    Association Amenities: None
    Community Features: NonGated

  • Utility Information

    CableAvailable
  • Location Information

    WaterSource: Public
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ByOwner last updated this listing 08/13/2026 @ 11:39

MLS: 2026032342 LISTED BY: Mike Darda, Compass Florida LLC 239-268-8976 SOURCE: FGC

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