3 months on rocket

2542 SW 40th Ter, Cape Coral, FL, 33914

$579,000

0.39 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontCanal
ViewCanal
MLS #224074838
Lot Size0.39 Acres
StatusActive

About 2542 SW 40th Ter

Discover endless possibilities with this exceptional Gulf-access waterfront lot, perfectly positioned for luxurious living. This prime Cape Coral location offers an OVERSIZED TRIPLE LOT that boasts a brand NEW 10 FT SEAWALL HAS BEEN INSTALLED, creating the perfect foundation for constructing your dream sanctuary. This south-facing lot extends a sprawling 142 feet of water frontage, ensuring breathtaking views and unmatched privacy. Here, your daily backdrop is composed of serene water and the potential for a dock and lift right at your doorstep. Imagine starting each morning with a coffee in hand, gazing out over peaceful waters, perhaps catching sightings of playful dolphins meandering by. For nautical enthusiasts, Cape Harbour Marina stands ready to enhance your boating life, merely minutes from your future doorstep. And if culinary explorations beckon, the local dining scene is just a boat drive away where you can pull up with your boat and enjoy a great evening. Cycling aficionados rejoice! The neighborhood is crisscrossed with scenic bike paths, beckoning you to pedal through paradise. Whether it’s a leisurely ride at dawn or an adventure-filled Saturday, the perfect route is always within reach. Designed for those dreaming of building their forever home, this lot is not just a piece of land, but a canvas awaiting your personal touch. Envision pulling into the driveway of a home designed entirely by you, tailored to every whim and fancy—from the flow of its layout to the luxe finishes that echo your style. Seize the opportunity to live where convenience meets natural beauty, where every day feels like a vacation, and where your future waterfront home awaits. Who says you can’t have it all? Here, it’s not just possible, it’s just a blueprint away. Don’t just chase the good life—build it, right here!

Property Details

Property Features

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 984-8177
  • Listing Agent: Jeffery Turmell

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Canal

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,000

Tax Information:

  • Annual Amount: $3,540
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

82

# of Sold Homes

326

2542 SW 40th Ter vs Cape Coral

101 DAYS ON ROCKET

+19 Days

$579,000

+$188.9K More

KEY TAKEAWAY

This property is $188.9K more than the Median Sold Price in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224074838

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 984-8177
  • Listing Agent: Jeffery Turmell

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: 12/22/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2021Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,540$128,000
2019$4,252$144,693
2018$4,168$131,539
2017$3,958$147,207

History based on county public records data.

Payment Calculator

$2,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,802

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-933978
8
/10
  • Oasis Charter Elementary School-South

  • 3415 Oasis Blvd

  • 0.83 miles

  • Public Charter Grades KG-5

school-card-donut-933979
7
/10
  • Gulf Elementary School

  • 3400 SW 17th Pl

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-933980
7
/10
  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 2.91 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,857. The majority of Cape Coral, FL residents have income between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2542 SW 40th Ter

What is the listing price of this property?

The listing price of 2542 SW 40th Ter property is $579,000.

What type of property is this?

The property 2542 SW 40th Ter is land located in Cape Coral, Florida, 33914.

Is this property for sale now?

Active Listing: 2542 SW 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 $3,540 (source: MLS/based on county public records data).

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

The last sale was on May 18, 2021 for $385,000. (source: MLS/tax record).

How much acreage is this property?

The property 2542 SW 40th Ter is 0.39 acres.
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Rocket HomesFloridaLee CountyCape Coral339142542 SW 40th Ter

This home is located at 2542 SW 40th Ter in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This home sits on a 0.39 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $579,000.

While more than 39 listings in Cape Coral, FL in November 2024 were sold above asking price, there were more than 77 listings sold at asking price, and more than 210 were sold below. In November 2024 in Cape Coral, FL there were 11% more homes for sale than in October 2024. In November 2024 median list price was $390,028 and the average listing age was 82 days.

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

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