1306 SE 40th Terrace, Cape Coral, FL 33904
- $325,000
- 4
- BD
- 4
- BA
- 1,896
- SqFt
- List Price
- $325,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- 2026032342
- Subtype
- Residential
- Style
- Duplex
- Architectural Style
- Duplex
- Year Built
- 1964
- Bedrooms
- 4
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 1,896
- Acres
- 0.23
- Subdivision
- Cape Coral
- Neighborhood
- Cape Coral
- MLS Area Major
- CC12 - Cape Coral Unit 7-15
Property Description
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.
Additional Information
- Amenities
- None
- Interior Features
- Built-in Features, Bedroom on Main Level, Living/Dining Room, Shower Only, Separate Shower, Split Bedrooms
- Exterior Features
- None, Patio
- Taxes
- $5,246
- Property Description
- Duplex
- Zoning
- RML
- Flooring
- Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Exterior Construction
- Block, Concrete, Stucco
- Roof
- Shingle
- Parking Features
- Two Spaces
- View
- Landscaped
Courtesy of Compass Florida LLC