2542 Southwest 40th Terrace

Cape Coral, FL 33914

$599,000
Price
17,031 / 0.39
Lot Size / Acres

Description

Prime gulf access waterfront homesite . . . Oversized triple lot . . . South facing . . . Experience luxury living on this exceptional waterfront homesite boasting 142 ft of water frontage on the generous 150 ft wide Rose Canal. This rare estate-sized lot provides the perfect canvas to build your dream home, with the added convenience of a brand NEW 10’ SEAWALL. Nestled in a tranquil and quiet neighborhood in the sought-after SW Cape Coral, this homesite offers endless serene views and gentle breezes....Prime gulf access waterfront homesite . . . Oversized triple lot . . . South facing . . . Experience luxury living on this exceptional waterfront homesite boasting 142 ft of water frontage on the generous 150 ft wide Rose Canal. This rare estate-sized lot provides the perfect canvas to build your dream home, with the added convenience of a brand NEW 10’ SEAWALL. Nestled in a tranquil and quiet neighborhood in the sought-after SW Cape Coral, this homesite offers endless serene views and gentle breezes. Enjoy the convenience of being close to shopping, restaurants, banks, and entertainment, all while relishing the beauty of Southwest Florida. Embrace the opportunity to build your forever home on this gorgeous, oversized SOUTH-FACING lot, where you can bask in the sun on your lanai or pool all day long. Imagine hopping on your boat and exploring everything that SW Florida waterways have to offer. Don’t miss out on this rare opportunity to turn your dream home into a reality in the heart of Southwest Cape Coral. Your waterfront oasis awaits! All assessments are in and paid in full.
  1. Listed by Shirley Ellwood • Miloff Aubuchon Realty Group
  2. Listed by John Ellwood • Miloff Aubuchon Realty Group

Property Details for 2542 Southwest 40th Terrace

Development
CAPE CORAL
Community Type
Boating
Waterfront
Yes
Waterfront Desc
Canal Access, Navigable Water, Seawall
Waterfront Desc
Canal, Navigable, Seawall
View
Canal, Intersecting Canal, Partial Buildings, Water, Water Feature

Location

Listing Courtesy of Miloff Aubuchon Realty Group, Shirley Ellwood; Miloff Aubuchon Realty Group, John Ellwood
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LISTING UPDATED: 02/16/2024 03:48 PM

Property Details for 2542 Southwest 40th Terrace

StatusActive
MLS #224016013
Days on Market70
Taxes$6,266 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot & Land
Year Built-
Lot Size0.39 AC
CountyLee County

Location

Listing Courtesy of Miloff Aubuchon Realty Group, Shirley Ellwood; Miloff Aubuchon Realty Group, John Ellwood
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Building Information for 2542 Southwest 40th Terrace

Building Size-Lot Size0.39 AC

Payment Calculator

$3,791 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$522

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2542 Southwest 40th Terrace

Summary
Location and General Information
  • City: CAPE CORAL
  • Directions: Cape Coral Pkwy . . . Right (N) on Chiquita . . Left (W) on Beach Pky . . . Right (N) on Oasis Blvd . . . Left (W) on SW 39th Ter . . . Left (S) 25th Ct which turns into SW 40th Terrace. You cannot miss this beautiful property.
  • Human Modified: Yes
  • Latitude: 26.58
  • Longitude: -82.03
  • MLS Area Major: CC22 - Cape Coral Unit 69,70,72-
  • Postal Code: 33914
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Direction Prefix: SW
  • Street Name: 40th
  • Street Number: 2542
  • Street Suffix: TER
  • Block: 4878
  • Topography: Filled
  • Full Address: 2542 SW 40th TER
  • View: Yes
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Maintenance: None
  • Tax Annual Amount: $6,266.00
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 08-45-23-C2-04878.0130
  • Property Type: Lot & Land
  • Section: 8
  • Lot Unit: 13
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Cleared, Irregular Lot, Multiplelots, Oversized Lot
  • Acres: 0.391
  • Lot Size Area: 0.391
  • Lot Size Dimensions: 130 x 125 x 142 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 74 BLK 4878 PB 22 PG 117 LOTS 13 THRU 15
  • Current Use: Single Family
Property and Assessments
  • Rear Exposure: S
  • Possession: Close Of Escrow
  • Property Sub Type: Residential
  • Township: 45
  • Range: 23
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Property Sub Type Additional: Residential, Unimproved Land
  • Restrictions: No Restrictions
  • Zoning Code: R1-W
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • 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: Assessment Paid, Central
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Paid, Public
  • Water: Assessment Paid, Central
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Canal Width: Canal Width 151-200
  • Community Features: Boat Facilities, Street Lights
  • Exterior Features: None
  • Irrigation Source: Includedin Assessment, Reclaimed Water
  • Gulf Access Type: Bridges, Water Indirect
  • Gulf Access: Yes
Interior Features
  • Elevator Text Details: None
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 2542 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 2542 Southwest 40th Terrace

Taxable ValueLand$437,236Additions-Total$437,236
Tax Record2023$6,528 ($544 / month)
Home Facts
Beds0Lot Size17,032 SqFtStyleResidentialZoningR1-WCountyLEEAPN08-45-23-C2-04878.0130

Schools near 2542 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
Trafalgar Elementary School
PublicPK to 5

Pelican 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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2542 Southwest 40th Terrace is a 0.39 ac of land for sale in Cape Coral, FL 33914. This property was listed for sale on February 16, 2024 by Miloff Aubuchon Realty Group, it's currently listed at $599,000. It has been on the market for a total of 70 days and was last sold on May 12, 2021. This listing's school district is Lee. Nearby schools include Trafalgar Elementary School, Pelican Elementary School and Skyline Elementary School. 2542 Southwest 40th Terrace is a 0-bed, 0-bath, 0.39 ac of land on a 17,031 sq. ft. / 0.39 acres lot.

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 Miloff Aubuchon Realty Group, Shirley Ellwood; Miloff Aubuchon Realty Group, John Ellwood

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.