Schedule Tour
$480,000

1310 40 Terrace 1

Cape Coral, FL
Active
4
Bedrooms
4
Bathrooms
2,246
Square Feet
0.23
Lot Size (acres)
1964
Year Built
31
Days On Market

Excellent investment or owner occupant opportunity in desirable SE Cape Coral! This well-maintained duplex offers two spacious 2 bedroom, 2 bath units, each with its own screened porch and updated kitchen featuring granite countertops and wood cabinetry. Unit 1A is move-in ready, featuring an additional enclosed bonus/great room, in-unit washer and dryer, and plenty of flexible living space. Unit 1B has a tenant ($1,725/month) with a recently renewed lease through August 31, 2027, providing immediate rental income for the new owner. Both units offer tile flooring throughout, private outdoor areas, and separate living spaces. Conveniently located in SE Cape Coral with easy access to shopping, dining and major roadways. No flood insurance needed. A great opportunity to live in one side while generating income from the other, or add a solid duplex to your investment portfolio!

Take the 3D virtual tour →

Listing Information

Listing Updated
29 days ago
Listed By
Aelita Caamano Pena, 2398418014 · Premiere Plus Realty Company, 2397327837
MLS#
2026037273
Source
Florida Gulf Coast Multiple Listing Service
Status
Active

Facts & Features

Location

Community Information

Address
1310 SE 40 Terrace 1 #AND 1B, Cape Coral, FL 33904
City
Cape Coral
County
Lee
Neighborhood
CAPE CORAL
Zip Code
33904

Architecture

Bedrooms
4
Bathrooms
4
Year Built
1964
Style
Duplex
Construction Materials
Stucco, Block, Concrete
Building Area
2,246 sq. ft.
Roof
Shingle
Garage Spaces
0

Features & Amenities

Flooring
Laminate
Patio and Porch
Patio
Cooling
Central Air, Electric
Heating
Electric, Central

Property Features

Lot Size
0.23 Acres
Lot Features
Rectangular Lot
Utilities
Cable Available
Zoning
RML

Square Footage

Total
2,246 sq. ft.

Tax & Financial Information

List Price
$480,000
Annual Taxes
$6,250
Association Amenities
None

Schools

77/100
Cape Coral High School
High · Grades 09–12 · 2.9 mi
City
Cape Coral
Students
1,887
Parent reviews
5.0★ avg · 3 reviews
Student body
44% White · 42% Hispanic / Latino · 7% Black
Free/reduced lunch
41%
Phone
(239) 574-6766
77/100
Tanglewood Elementary School
Elementary · Grades PK–05 · 4 mi
City
Fort Myers
Students
783
Parent reviews
5.0★ avg · 1 review
Student body
49% White · 30% Hispanic / Latino · 13% Black
Free/reduced lunch
42%
Phone
(239) 936-0891
76/100
Cape Elementary School
Elementary · Grades PK–05 · 0.6 mi
City
Cape Coral
Students
690
Parent reviews
5.0★ avg · 1 review
Student body
61% White · 27% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
43%
Phone
(239) 542-3551
75/100
Cypress Lake Middle School
Middle · Grades 06–08 · 3.6 mi
City
Fort Myers
Students
825
Parent reviews
5.0★ avg · 1 review
Student body
58% White · 22% Hispanic / Latino · 15% Black
Free/reduced lunch
37%
Phone
(239) 481-1533
74/100
Pelican Elementary School
Elementary · Grades PK–05 · 2.2 mi
City
Cape Coral
Students
896
Parent reviews
5.0★ avg · 1 review
Student body
61% White · 31% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
64%
Phone
(239) 549-4966
56/100
Patriot Elementary School
Elementary · Grades PK–05 · 4 mi
City
Cape Coral
Students
730
Parent reviews
2.0★ avg · 1 review
Student body
51% White · 38% Hispanic / Latino · 6% Black
Free/reduced lunch
49%
Phone
(239) 242-1023
55/100
Florida Southwestern Collegiate High School
High · Grades 09–12 · 3.9 mi
City
Fort Myers
Students
401
Student body
58% White · 27% Hispanic / Latino · 9% Black
Free/reduced lunch
30%
Phone
(239) 432-6767
53/100
Skyline Elementary School
Elementary · Grades PK–05 · 3.8 mi
City
Cape Coral
Students
859
Student body
57% White · 32% Hispanic / Latino · 7% Black
Free/reduced lunch
75%
Phone
(239) 772-3223

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/02/2026Listed for sale$480,000

Listed by Aelita Caamano Pena · Premiere Plus Realty Company · 2397327837


IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.