Back 2016 SW 40th Terrace
Off Market

2016 SW 40th Terrace

Cape Coral FL 33914

3
2
2
2484 sq. ft.
0.24 ac.
Single-Family
Last sold for $675,000
Margie BirchMargie Birch, last sold this property on 20 June 2025 after 92 days on market.

Overview

GULF ACCESS, POOL, NEW 50 YR WARRANTY STEEL ROOF, ASSUMABLE FLOOD INSURANCE ONLY $1684 PER YR, TURNKEY, $4000 PAINTING CREDIT, SOUTHERN EXPOSURE, NO FLOODING HERE. This GULF ACCESS, pool home, located in one of the most desirable and friendly neighborhoods in Cape Coral, is one you don't want to miss! The NEW STEEL ROOF looks like shingles - but it's better and will last a lifetime! It is stone-coated steel interlocking roof system that can withstand up to 150+ mph winds. It also includes a 50-year transferable warranty! This would make a great primary home, but also could be a 2nd home or vacation rental since it comes fully furnished and TURNKEY. Everything is included, even all the TV's, linens, and fully stocked kitchen. Nothing to do but bring your suitcase! It's all about the indoor/outdoor living. The southern rear exposure is ideal for sun on your pool all day or lounging on the dockside patio. For you boaters, this home is equipped with a reinforced wrap around dock and 10,000 lb boat lift. Get right out to the Gulf from your own backyard! Or just fish right from your dock! There is also a new oversized screen enclosure over your large lanai. The roof, along with the accordion hurricane shutters on all the windows will make you feel safe and secure in any storm. As you walk into the elegant foyer you will see the large great room with a view straight out to the pool and waterfront. The great room has a vaulted ceiling and luxury vinyl tile floors. There are 3 bedrooms and 2 baths. The primary bedroom is very spacious with sliders to the pool and a water view from your bed! The attached bathroom was recently renovated with dual sinks, jacuzzi tub, separate shower, toilet room, and walk-in closet. There are several options for dining, a cozy breakfast nook, and a breakfast bar in the kitchen. There is also a room that is currently used as a dining room or it could easily be a family room. And of course, you can dine on your covered lanai! There are pocket sliders throughout the home for true indoor/outdoor living. This impeccable home has a new washer/dryer, range, dishwasher water heater and pool pump. The pool heater was new in 2019, and the A/C system was replaced in 2018 and has been maintained annually. All new outdoor lighting was added. If you are looking for a vacation rental, then you could have automatic tenants for the season as the seller would like to rent back for 3 months in the winter! Don't miss this lovely well-maintained spotless home. Call for your private showing today.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2484 sq. ft. floor area
0.24 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Cape Coral over the last 12 months, the estimated median property value of 2016 SW 40th Terrace is $459.48k.

Median value
$459.48k
Estimated value range
$150k - $2.7m
Median days on market
57
Estimated value trend
2%
increase 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 2016 SW 40th Terrace

2025
Sold
$675,000
20 Jun 2025 by Margie Birch, of RE/MAX TREND
2019
Sold
$370,000
28 Mar 2019 by Elizabeth Vallie, of ALLIANCE REALTY GROUP
2002
Sold
$292,000
30 Sep 2002 by Kenneth Bracher, of RE/MAX Realty Team

Happy sellers in Cape Coral

75%
75% 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 16 reviews in Cape Coral over the last 12 months.

Local market activity for 3 bedroom single-family properties in Cape Coral

In the last 12 months, 820 three-bedroom single-family properties similar to 2016 SW 40th Terrace, have been sold.

This represents a 6% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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