1506 NW 40th Place Cape Coral, FL $ 1,250,000
1506 NW 40th Place
$ 1,250,000
Recently Listed
Open House 1/11 1pm - 4pm
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1506 NW 40th Place

Cape Coral, FL, 33993
$ 1,250,000
Bedrooms4 Baths3.0 Sq 2,887

Monthly Estimate*

$ 7,696

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View a Virtual Tour

Single Family Home for sale in Cape Coral, FL

for $1,250,000 with 4 bedrooms and 3 full baths. This 2,887 square foot home was built in 2020 on a lot size of 0.23.

Welcome to 1506 NW 40th Place, a waterfront residence featuring the custom Marsala floor plan by Frey & Son Homes, ideally positioned on a direct sailboat-access canal with no bridges in Cape Coral. The inspection has been completed, with all items fully addressed, making this home truly move-in ready. The home does not currently have a dock; however, the seller is offering a credit at closing with an acceptable offer, allowing the next owner to design and build a private dock tailored to their lifestyle. Offering nearly 4,000 total square feet, this 4-bedroom, 3-full-bath home includes an oversized garage, a dedicated full pool bath, and a custom saltwater heated pool and spa, designed for effortless indoor–outdoor living. The home is centered around a expansive statement island and a sleek, modern layout, highlighted by hidden in-cabinet kitchen outlets that maintain clean lines throughout. Notable upgrades include a new full-home reverse osmosis system, one large electric roll-down screen for shaded outdoor comfort, and a full-home Generac generator for peace of mind. The primary suite features an electric shade providing adjustable light control and privacy, adding another layer of comfort and convenience. Set along an approximately 200-foot-wide canal, the property offers expansive water views and seamless boating access. Located within walking distance of the new Tropicana Park, soon to feature a beach, kayak launch, playground, green space, and additional recreational amenities. A polished, thoughtfully upgraded waterfront home in one of Cape Coral’s most desirable locations!

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Open House

1/11/2026 1:00 PM - 4:00 PM
1506 NW 40th Place Cape Coral, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,250,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 9,135

Style

Ranch, OneStory

Lot Size

0.23

Year Built

2020

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026000840

Features
Interior
Interior Amenities Attic BedroomOnMainLevel Bathtub CofferedCeilings DualSinks EatInKitchen FamilyDiningRoom FrenchDoorsAtriumDoors KitchenIsland LivingDiningRoom MultipleShowerHeads CustomMirrors MainLevelPrimary Pant
Flooring Concrete
Furnished Y/N Negotiable
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features ImpactGlass
Fireplace Y/N N
Half Baths 0
Laundry Features Inside LaundryTub
Total Bedrooms 4
Room Type Bathroom Den GuestQuarters ScreenedPorch GreatRoom
Total Baths 3
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General
Sewer SepticTank
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Utilities CableAvailable HighSpeedInternetAvailable
Possession CloseOfEscrow
Roof Shingle
Appliances BuiltInOven DoubleOven Dryer Dishwasher ElectricCooktop Freezer Disposal Microwave Refrigerator WaterPurifier Washer
HOA Fee 0.0
Garage Spaces 3.0
Association Fee Includes None
Patio/Porch Features Lanai Open Porch Screened
Architectural Style Ranch OneStory
Pool Features Concrete ElectricHeat Heated InGround PoolEquipment SaltWater PoolSpaCombo
Security Features SecuritySystemOwned BurglarAlarmMonitored SecuritySystem KeyCardEntry SmokeDetectors
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2020
View Canal
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2024
Ownership Single Family
Development Name CAPE CORAL
Waterfront Features CanalAccess NavigableWater Seawall
Community Features NonGated
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Residential
Association Amenities None
HOA N
Attached Garage Y
Subdivision Name CAPE CORAL
Facing Direction East
Garage Y/N Y
Total Rooms 10
Full Baths 3
Status Active
City Cape Coral
Disclosures OwnerHasFloodInsurance RvRestrictions SellerDisclosure
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description R1
MLS Area CC43 - Cape Coral Unit 58 59-61 76
Lot Size Units Acres
Carport Spaces 0.0
Carport Y/N N
Spa Features ElectricHeat Gunite InGround
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9135.84
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://dl.dropboxusercontent.com/scl/fi/wi9zfyyvay5nrzet17ekz/1506-NW-40th-Pl-Cape-Coral-FL-33993-USA-UB.mp4?rlkey=dmj7r9qic7qb6wllchdbwvfho&raw=1 https://www.zillow.com/view-imx/2fc7ad0b-a4dd-426a-81a1-b547fe62da36?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Tax Lot 17
Property Sub Type Additional SingleFamilyResidence
Legal Description CAPE CORAL UNIT 81 BLK 5213 PB 24 PG 112 LOTS 17 + 18
HOA Fee 3 0.0
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Exterior
Exterior Amenities SecurityHighImpactDoors SprinklerIrrigation
Parking Features Attached Driveway Garage GolfCartGarage Paved TwoSpaces GarageDoorOpener
Lot Features RectangularLot SprinklersAutomatic
Lot Size Area 0.23
Horses N
Spa Y
Irrigation/Water Rights Y
Gulf Access Type No Bridges Water Direct
Gulf Access Y
Building Area Total 3676.0
Lot Dimensions 80 x 125 x 80 x 125
Lot Size Acres 0.23
Road Surface Type Paved
Private Pool Y
Lot Size Source Appraiser
Waterfront Y/N Y
Covered Spaces 3.0
Door Features FrenchDoors SlidingDoors
Other Equipment Generator ReverseOsmosisSystem
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Ariel Burnham

Listing Agent

Compass Florida, Llc

Broker

Ariel.Burnham@compass.com

Email

Affordability Calculator

$8,458
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$761
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/6/2026$1,250,000 Listed Price

Map


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1506 NW 40th Place, Cape Coral, FL, 33993 is a Single Family Home for sale at $1,250,000 with 2,887 sqft and a lot size of 0.23. 1506 NW 40th Place has 4 bedrooms, 3.0 baths, and was built in 2020. The property's zip code is 33993 which is in Cape Coral, FL