1507 Southwest 40th Terrace

Cape Coral, FL 33914

$509,600
Price
3
Beds
2
Baths
1,975 Sq. Ft.
$258 / Sq. Ft.
1,975
Sq. Ft.
$258
per Sq. Ft.

Description

Foreclosed property. A fantastic deal indeed! GULF ACCESS CANAL HOME with almost 2,000 sq.ft. under air. As you open the door you'll see the open floor plan concept with wood-like floors that include living/dining areas and a butlers station that could be used as a bar setup adjoining to the kitchen with breakfast bar and also breakfast nook for a more informal meal. The sliding doors will open to the screened lanai and into your backyard where the water games await for you! This home offers a split...Foreclosed property. A fantastic deal indeed! GULF ACCESS CANAL HOME with almost 2,000 sq.ft. under air. As you open the door you'll see the open floor plan concept with wood-like floors that include living/dining areas and a butlers station that could be used as a bar setup adjoining to the kitchen with breakfast bar and also breakfast nook for a more informal meal. The sliding doors will open to the screened lanai and into your backyard where the water games await for you! This home offers a split floor plan with 3 bedrooms and a bonus room that could be used as a den or office, inside laundry with cabinets and tub and a two car garage. The backyard offers northern exposure where you can spend time at the captains walk with gorgeous canal views ideal for fishing or boating. Come and enjoy paradise where unlimited exciting water sports will amuse your family and friends!
  1. Listed by Elvia Arana • Rawlings Realty, Inc
  2. Listed by Diana Rawlings-Bever • Rawlings Realty, Inc

Property Details for 1507 Southwest 40th Terrace

Development
CAPE CORAL
Building Design
Single Family
Community Type
Non-Gated
Waterfront
Yes
Waterfront Desc
Canal Access, Navigable Water, Seawall
Waterfront Desc
Canal, Navigable, Seawall
View
Canal, Intersecting Canal
Garage Spaces
2.00

Location

Listing Courtesy of Rawlings Realty, Inc, Elvia Arana; Rawlings Realty, Inc, Diana Rawlings-Bever
Add your commute
LISTING UPDATED: 04/19/2024 02:38 PM

Property Details for 1507 Southwest 40th Terrace

StatusActive
MLS #224036060
Days on Market15
Taxes$9,039 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1991
Lot Size0.23 AC / 10,018 SF
CountyLee County

Location

Listing Courtesy of Rawlings Realty, Inc, Elvia Arana; Rawlings Realty, Inc, Diana Rawlings-Bever
Add your commute

Building Information for 1507 Southwest 40th Terrace

Stories1Year Built1991Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$3,534 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,781

Property Taxes

$753

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1507 Southwest 40th Terrace

Summary
Location and General Information
  • City: CAPE CORAL
  • Human Modified: Yes
  • Latitude: 26.58
  • Longitude: -82.01
  • MLS Area Major: CC21 - Cape Coral Unit 3,30,44,6
  • Pets: No Approval Needed
  • Postal Code: 33914
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Direction Prefix: SW
  • Street Name: 40th
  • Street Number: 1507
  • Street Suffix: TER
  • Block: 3350
  • Full Address: 1507 SW 40th TER
  • View: Yes
Parking
  • Attached Garage: Yes
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: 2.00
  • Garage: Yes
  • Parking Features: Attached, Garage
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Maintenance: None
  • Mandatory HOA: No
  • Tax Annual Amount: $9,039.27
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Source of Measure Total Area: Appraiser
  • Development Name: CAPE CORAL
  • Parcel Number: 10-45-23-C1-03350.0060
  • Property Type: Residential
  • Section: 10
  • Lot Unit: 6
  • Source of Measure Living Area: Appraiser
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 80 x 125 x 80 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 65 BLK 3350 PB 21 PG 161 LOTS 6 + 7
Property and Assessments
  • Total Area: 2479.0
  • Rear Exposure: N
  • Approx Living Area: 1975.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Township: 45
  • Range: 23E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 1991
  • Property Sub Type Additional: Single Family Residence
  • Restrictions: Deed Restrictions
  • Zoning Code: RD-W
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 1
  • Other Fee: $.00
  • Stories: 1.0
  • Total Floors: 1
  • Total One Time Fees: $.00
  • Units in Building: 1
Interior and Exterior Features
Exterior Features
  • Architectural Style: Ranch, One Story
  • Association Amenities: None
  • Canal Width: Canal Width 31-80
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None, Room For Pool
  • Exterior Features: Room for Pool
  • Irrigation Source: Other
  • Patio And Porch Features: Lanai, Porch, Screened
  • Private Pool: No
  • Roof: Shingle
  • Gulf Access Type: Bridges, Water Indirect
  • Gulf Access: Yes
  • Spa: No
Interior Features
  • Baths Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2.0
  • Beds Total: 3
  • Bedrooms: 3+Den
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Carpet, Tile
  • Furnished Desc: Unfurnished
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Breakfast Bar, Builtin Features, Bathtub, Dual Sinks, Living Dining Room, Separate Shower, Cable TV, Vaulted Ceilings, Walk In Closets, Split Bedrooms
  • Interior Features: Built-In Cabinets, Built-Ins, Cable Prewire, Vaulted Ceiling, Walk-In Closet, Laundry Tub
  • Laundry Features: Inside, Laundry Tub
  • Window Features: Single Hung, Sliding
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1507 Southwest 40th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1507 Southwest 40th Terrace

Taxable ValueLand$172,927Additions$293,888Total$466,815
Tax Record2023$9,039 ($753 / month)
Home Facts
Beds3Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,975 SqFtStories1Lot Size10,000 SqFtStyleSingle Family ResidenceYear Built1991Year Renovated1992ZoningRD-WCountyLEEAPN10-45-23-C1-03350.0060

Schools near 1507 Southwest 40th Terrace

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Pelican Elementary School
PublicPK to 5

Trafalgar Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Gulf Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1507 Southwest 40th Terrace is a single family home for sale in Cape Coral, FL 33914. This property was listed for sale on April 19, 2024 by Rawlings Realty, Inc, it's currently listed at $509,600. This listing's school district is Lee. Nearby schools include Pelican Elementary School, Trafalgar Elementary School and Skyline Elementary School. 1507 Southwest 40th Terrace is a 3-bed, 2-bath, 1,975 sqft single family home built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Rawlings Realty, Inc, Elvia Arana; Rawlings Realty, Inc, Diana Rawlings-Bever

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.