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1306 Southeast 40th Terrace

Cape Coral FL 33904

4
4
0.23 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
4 bathrooms
0.23 ac. lot size
Duplex

Property history for 1306 Southeast 40th Terrace

2009
Sold
$60,000
13 Aug 2009 by Jill Kay, of RE/MAX Realty Team

Happy sellers in Cape Coral

79%
79% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Cape Coral over the last 12 months.

Local market activity for 4 bedroom duplexes in Cape Coral

In the last 12 months, 14 four-bedroom duplexes similar to 1306 Southeast 40th Terrace, have been sold.

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