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1616 SE 40th Ter, Cape Coral, FL, 33904

$799,900

Home List Price

$9,499*

Closing Credit

3 Bedrooms
2 Full Baths
1,681 SqFt
$476/SqFt
House

Location

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1616 SE 40th Ter, Cape Coral$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1968
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontCanal
ViewCanal
Private PoolYes
MLS #224091888
Lot Size0.23 Acres
StatusActive

About 1616 SE 40th Ter

This stunning 3-bedroom pool home offers the ultimate Florida lifestyle. Situated on a wide 200-foot canal with south exposure, it's just minutes from the River and Gulf of Mexico. The home has been thoughtfully storm-proofed, featuring impact windows, sliders, and a whole-house propane generator for peace of mind. Beautifully renovated in 2016/2017, this home boasts a new heated pool and spa, a large lanai, and a gorgeous new kitchen with white cabinetry, quartz countertops, and stainless steel appliances. The open-concept great room flows seamlessly into an expanded Florida room, maximizing the beautiful canal views. The spacious master suite includes a walk-in closet and an updated, tiled master bath. The two guest bedrooms share a lovely guest bath. Additional features include a metal roof, new A/C, and a 500-gallon buried propane tank that fuels the pool, spa, and generator. Enjoy the convenience of a concrete dock, perfect for your boat. Whether you're casting a line or cruising to the Gulf, this is a true boater's paradise. With its sun-drenched setting, storm-ready construction, and endless opportunities for relaxation and adventure, this home offers the Florida dream lifestyle you've been seeking.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1968
  • Living Area: 1,681 SqFt

Listing Office:

  • Office Name: RE/MAX Realty Team
  • Office Phone: (239) 242-2000
  • Listing Agent: Judy Sylvia

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Entrance Foyer, Kitchen Island, Living/Dining Room, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Canal
  • Exterior: Fence, Security/High Impact Doors, Sprinkler/Irrigation

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Sprinklers
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $476/SqFt

Tax Information:

  • Annual Amount: $4,172
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

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Cape Coral, FL

City

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

79

# of Sold Homes

373

1616 SE 40th Ter vs Cape Coral

1 DAY ON ROCKET

-78 Days

$799,900

+$409.8K More

$476/SqFt

+$243 More

KEY TAKEAWAY

This property is $409.8K more than the Median Sold Price and $243/SqFt more than other homes in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224091888

Listing Office:

  • Office Name: RE/MAX Realty Team
  • Office Phone: (239) 242-2000
  • Listing Agent: Judy Sylvia

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 23, 2015Home Sold
$280,000
Apr 02, 1999Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,172$239,927
2019$3,971$230,368
2018$3,965$226,073
2017$3,645$208,207

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-207809
8
/10

  • Cape Elementary School

  • 4519 Vincennes Blvd

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-207810
7
/10

  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 2.48 miles

  • Public District Grades KG-5

school-card-donut-207811
5
/10

  • Tanglewood Elementary School

  • 1620 Manchester Blvd

  • 3.68 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,636. Typical income of Cape Coral, FL residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 SE 40th Ter

What is the listing price of this property?

The listing price of 1616 SE 40th Ter property is $799,900.

What type of property is this?

The property 1616 SE 40th Ter is a house located in Cape Coral, Florida, 33904.

Is this property for sale now?

Active Listing: 1616 SE 40th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,172 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 23, 2015 for $280,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1616 SE 40th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1616 SE 40th Ter is 1,681 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 SE 40th Ter is 1968.

Rocket Homes›Florida›Lee County›Cape Coral›33904›1616 SE 40th Ter

This home is located at 1616 SE 40th Ter in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. This 1,681 square foot home, which was built in 1968, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $799,900.

Cape Coral, FL housing market in October 2024 saw over 30 listings sold above listed price, more than 80 sold at listed price and over 263 sold below. The number of homes for sale in Cape Coral, FL increased by 5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $390,012, while the average time on the real estate market was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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