$735,000

1720 SE 40th Ter Cape Coral, FL 33904

$8,728
Closing credit¹
4 beds
2 full
1,892 sqft
0.2 acres
$388 / sqft
House

Property details

About 1720 SE 40th Ter

Welcome home to this stunning four bedroom, two bathroom pool home, gulf access (4 minute boat ride to the river with no bridges) that has been recently updated. New Roof ( 2024), new screen enclosure (2025), new AC with air purifier, impact windows & doors & newer pool pump. This home has NEVER FLOODED. The gourmet kitchen is a true showstopper, featuring a beautiful granite waterfall island with amazing cabinets—ideal for prepping meals. With top-of-the-line appliances, sleek cabinetry, and a panoramic view of the pool, this kitchen is as functional as it is beautiful. Step outside to your pool, where you can relax and unwind while enjoying breathtaking views of the large intersecting canal. Whether you're entertaining guests or spending quality time with family, the backyard offers the perfect setting to watch the sunset over the water and enjoy Florida's year-round outdoor lifestyle. For boating enthusiasts, the property features a dock, giving you quick and easy access to the river in under five minutes. Situated in a prime location, this home offers quick access to downtown Cape Coral, where you'll find a variety of awesome restaurants and shopping. Cape Coral Beach is just a short 5 minute drive, perfect for enjoying Florida beach days. This property seamlessly blends waterfront living in the perfect location, making it an excellent choice for both full-time residents and seasonal visitors. Don’t miss out on this incredible opportunity—it won’t last long!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,892 sqft
Lot size0.229 Acres
Year built1964
ParkingAttached, Driveway, Garage, Paved
MLS #225027616
Attached garage2 spaces
WaterfrontCanal
ViewCanal
Private poolYes

Summary

  • MLS Number: 225027616
  • MLS Name: SWFL
  • Office Name: Keller Williams Elite Realty
  • Office Phone: (239) 949-8338
  • Office Email: brokerjoe@me.com
  • Listing Agent: Shannon Schaffer

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with stucco siding, a front lawn, decorative driveway, cooling unit, and an attached garage

$735,000

1720 SE 40th Ter

$8,728

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 12, 2018
Home Sold
$370,000
May 16, 2013
Home Sold
$295,000
Nov 03, 2009
Home Sold
$290,000
Apr 06, 2006
Home Sold
$825,000

Tax history

YearAssessmentProperty Tax
2023$734,149$9,423
2022$611,786$8,211
2021$386,833$8,211
2020$335,108$7,073
2019$327,842$6,454
2018$312,509$6,310
2017$311,702$6,221

History based on county public records data.

Nearby schools

8

Cape Elementary School

Public District KG-5

0.8 mi

4519 Vincennes Blvd

4

Pelican Elementary School

Public District KG-5

2.7 mi

3525 SW 3rd Ave

6

Tanglewood Elementary School

Public District KG-5

3.5 mi

1620 Manchester Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,636. Most Cape Coral, FL residents have annual incomes between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
47%
35k-100k
17%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
4%
Single, with Kids
48%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
5%
12-17 yrs old
10%
18-34 yrs old
41%
35-64 yrs old
39%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1720 SE 40th Ter

This home is located at 1720 SE 40th Ter in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. This 1,892 square foot home, which was built in 1964, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $735,000.

In February 2025, from all listings sold in Cape Coral, FL there were more than 23 sold above asking price, over 268 sold below and more than 66 were sold right at the asked price. Between January and February 2025, Cape Coral, FL real estate market has seen increase in the number of listings by 10.6%. While the average time on the market in February 2025 was 83 days, the median list price was $389,438.

From Rocket Homes Real Estate and based on county public records data.

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