1506 NW 40th Pl

Off Market

1506 NW 40th Pl

Cape Coral FL 33993

3676 sq. ft.

0.23 ac.

Single-Family

Last sold for $1,150,000

Ariel Meyers, last sold this property on 12 August 2026 after 217 days on market.

Overview

Welcome to 1506 NW 40th Place, a waterfront residence featuring the custom Marsala floor plan by Frey & Son Homes, ideally positioned on a direct sailboat-access canal with no bridges in Cape Coral. The inspection has been completed, with all items fully addressed, making this home truly move-in ready. Offering nearly 4,000 total square feet, this 4-bedroom, 3-full-bath home includes an oversized garage, a dedicated full pool bath, and a custom saltwater heated pool and spa designed for effortless indoor–outdoor living. The outdoor kitchen space is already plumbed and ready for installation, allowing for easy customization. The home is centered around an expansive statement island and a sleek, modern layout, highlighted by hidden in-cabinet kitchen outlets that maintain clean lines throughout. Notable upgrades include a new full-home reverse osmosis system, one large electric roll-down screen for shaded outdoor comfort, and a full-home Generac generator powered by a 240-gallon propane tank for added reliability and peace of mind. The primary suite features an electric shade providing adjustable light control and privacy, adding another layer of comfort and convenience. Set along an approximately 200-foot-wide canal, the property offers expansive water views and seamless boating access. Located within walking distance of the new Tropicana Park, soon to feature a beach, kayak launch, playground, green space, and additional recreational amenities. A polished, thoughtfully upgraded waterfront home in one of Cape Coral’s most desirable locations.

Features

4 bedrooms

3 bathrooms

3 carspaces

3 garage spaces

3676 sq. ft. floor area

0.23 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Cape Coral over the last 12 months, the estimated median property value of 1506 NW 40th Pl is $369.18k.

Median value

$369.18k

Estimated value range

$130k - $2.35m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1506 NW 40th Pl

2026

Sold

$1,150,000

12 Aug 2026 by Ariel Meyers, of COMPASS FLORIDA LLC

2018

Sold

$80,000

23 Oct 2018 by Shane Clark, of ASSIST 2 SELL THE ESHACK TEAM

2018

Sold

$80,000

15 Oct 2018 by Shane Clark

Happy sellers in Cape Coral

81%

81% 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 single-family properties in Cape Coral

In the last 12 months, 630 four-bedroom single-family properties similar to 1506 NW 40th Pl, have been sold.

This represents a 13% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Cape Coral for a market analysis.

Isabel Vazquez

at Virago Realty Group LLC.

(47 reviews)

Get a market analysis

Malinda Johnson

at SELLSTATE EXCELSIOR REALTY

(19 reviews)

Get a market analysis

Karina Gonzalez Prats

at Realty ONE Group Evolution Doral | Miami

(14 reviews)

Get a market analysis

John Fricano

at CapeCoralLots

4.9

(7 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cape Coral

Isabel Vazquez

Isabel Vazquez is an award winning recommended agent for Cape Coral. They have 3 local sales and collected 9 local reviews across the last 12 months.

5 (47 reviews)
9 Reviews in Cape Coral
3 Sales in Cape Coral

View profile

Malinda Johnson

Malinda Johnson is an award winning recommended agent for Cape Coral. They have 5 local sales and collected 4 local reviews across the last 12 months.