$325,000

1306 SE 40th TER, Cape Coral, FL 33904

  • 4 beds |
  • 4 baths |
  • 1,896 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $171/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

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.

Listing Status:
Active
Date Added:
August 7, 2026
Data Last Updated:
August 15, 2026 at 12:09AM
Listing Office:
Compass Florida LLC : (239) 268-8976
MLS ID:
2026032342
  • General: Built-In Cabinets
  • Appliances: DishwasherMicrowaveRangeRefrigerator
  • Dining: Dining - Living
  • Flooring: Tile
  • A/C: Ceiling Fan(s)Central Electric
  • Heating: Central Electric
  • General: Screened Lanai/Porch
  • Style: DuplexSingle Family
  • Parking: Parking spaces: 0
  • Roofing: Shingle
  • General: Concrete BlockStucco1Concrete Block
  • Road/Access: Paved
  • HOA Amenities: 0.0
  • Originating MLS: Florida Gulf Coast
  • County: Lee
  • Zoning: RMLCAPE CORAL UNIT 7 BLK 313 PB 12 PG 123 LOTS 3 + 407-45-24-C2-00313.0030
  • View: Landscaped AreaView
  • Restrictions: No CommercialNo RV
  • Water: Central
  • Source: Florida Gulf Coast

This listing courtesy of Compass Florida LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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