1318 Southeast 40th Terrace

Cape Coral, FL 33904

$2,150,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

8 plex w/pool Great location / downtown cape coral 3 buildings this is a special delimiter sentence. Great location / downtown cape coral 3 buildings this is a special delimiter sentence (2) buildings w/ (4) units each Additional storage building & pool in courtyard Roof 2018 Building painted 2022 All units but #6 have been remodeled All units have appliances (stay) & washer & dryer Separate meters (read by landlord) Water included in rents8 plex w/pool Great location / downtown cape coral 3 buildings this is a special delimiter sentence. Great location / downtown cape coral 3 buildings this is a special delimiter sentence (2) buildings w/ (4) units each Additional storage building & pool in courtyard Roof 2018 Building painted 2022 All units but #6 have been remodeled All units have appliances (stay) & washer & dryer Separate meters (read by landlord) Water included in rents
  1. Listed by Lisa Maglione-Chenault • A & J Realty Group LLC

Property Details for 1318 Southeast 40th Terrace

Building Design
Low Rise (1-3)
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 10/23/2024 04:07 PM

Property Details for 1318 Southeast 40th Terrace

StatusActive
MLS #224085397
Days on Market60
Taxes$11,995 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1984
Lot Size0.46 AC / 19,994 SF
CountyLee County

Building Information for 1318 Southeast 40th Terrace

Stories2Residences-Year Built1984Building Size-Lot Size0.46 AC / 19,994 SF

Property Information for 1318 Southeast 40th Terrace

Summary
Location and General Information
  • City: Cape Coral
  • Directions: CORONADO PKWY BEHIND PARK * ACROSS FROM WATER
  • Human Modified: Yes
  • Latitude: 26.58
  • Longitude: -81.95
  • MLS Area Major: CC12 - Cape Coral Unit 7-15
  • Postal Code: 33904
  • Street Direction Prefix: SE
  • Street Name: 40th
  • Street Number: 1318
  • Street Suffix: TER
  • Full Address: 1318 SE 40th TER
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $11,994.59
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Parcel Number: 07-45-24-C2-00313.0090
  • Property Type: Commerical
  • Acres: 0.459
  • Lot Size Area: 0.459
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 7 BLK 313 PB 12 PG 123 LOTS 9 THRU 12
Property and Assessments
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Special Assessment: 0.00
  • Year Built Numeric: 1984
  • Zoning Code: R3-D
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • Sale Or Lease Includes: Building And Land,Equipment,Fixtures
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: None
  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water: None
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
  • Total Floors: 2
Interior and Exterior Features
Exterior Features
  • Architectural Style: Low Rise
  • Canal Width: None
  • Exterior Features: None
  • Gulf Access: No
Interior Features
  • Cooling: Yes
  • Elevator Text Details: None
  • Heating: Yes
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1318 Southeast 40th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1318 Southeast 40th Terrace

Taxable ValueLand$123,331Additions$595,059Total$718,390
Tax Record2023$11,995 ($1,000 / month)
Home Facts
Total Finished SqFt971 SqFtAbove Grade Finished SqFt971 SqFtStories2Lot Size20,000 SqFtStyleQuadraplexYear Built1984Year Renovated1985ZoningR3-DCountyLEEAPN07-45-24-C2-00313.0090

Schools near 1318 Southeast 40th Terrace

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Pelican Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Patriot Elementary School
PublicPK to 5

Cape Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1318 Southeast 40th Terrace is a multi-family home for sale in Cape Coral, FL 33904. This property was listed for sale on October 23, 2024 by A & J Realty Group LLC, it's currently listed at $2,150,000. It has been on the market for a total of 60 days and was last sold on October 12, 2012. This listing's school district is Lee. Nearby schools include Pelican Elementary School, Skyline Elementary School and Patriot Elementary School. 1318 Southeast 40th Terrace is a 0-bed, 0-bath, multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of A & J Realty Group LLC, Lisa Maglione-Chenault

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.