1927 SE 40th Terrace 107 Cape Coral, FL $ 315,000
1927 SE 40th Terrace 107
$ 315,000
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1927 SE 40th Terrace 107

Cape Coral, FL, 33904
$ 315,000
Bedrooms2 Baths2.0 Sq 1,186

Monthly Estimate*

$ 1,940

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Condo for sale in Cape Coral, FL

for $315,000 with 2 bedrooms and 2 full baths. This 1,186 square foot condo was built in 1975 on a lot size of 0.0665.

Enjoy effortless waterfront living in this beautifully updated and MOVE-IN-READY, FIRST-FLOOR 2-bedroom, 2-bath condo located in Southeast Cape Coral’s most desirable Beach Parkway area. The VIEWS from this home are unbelievable This renovated end unit offers panoramic views of a 200-ft-wide canal with DIRECT SAILBOAT ACCESS and NO BRIDGES, just moments to the Caloosahatchee River. Dock your boat right behind your unit accommodating up to a 30-ft. boat, making this a true boater’s dream. Inside, the light-filled open floor plan features two triple sliding glass doors that showcase stunning water views and seamlessly blend indoor and outdoor living. The home has been tastefully updated throughout, featuring a beautifully renovated kitchen with quartz countertops, custom cabinetry, and updated appliances. Both bathrooms have been upgraded with quality finishes, Relax and entertain in the enclosed and screened lanai, perfect for enjoying year-round waterfront living. NO FLOODING, Impact-resistant windows and sliding doors provide peace of mind, while recent community improvements include new standing seam metal roofs, soffits, carport roofs, and gutters. Additional features include a community pool and a 5x8 private storage unit located at the carport. This is a beauty!!

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Condo Active

Price

$ 315,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,864

Style

Other, Low Rise

Lot Size

0.0665

Year Built

1975

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026013101

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available High Speed Internet Available
Possession Close Of Escrow Negotiable Seller Rent Back
Roof Metal
Appliances Dryer Dishwasher Disposal Ice Maker Microwave Range Refrigerator RefrigeratorWithIce Maker Washer
HOA Fee 0
Garage Spaces 0
Association Fee Includes Association Management Legal/Accounting Maintenance Grounds Reserve Fund
Patio/Porch Features Lanai Porch Screened
Architectural Style Other Low Rise
Pool Features Community
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 1975
View Canal Partial River
Unit Number 107
Property Subtype Condominium
Tax Year 2025
Ownership Condo
Waterfront Features Canal Access
Community Features Boat Facilities Non-Gated
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities Boat Dock Pool Management
HOA true
Subdivision Name VILLA LISA CONDO
Facing Direction South
Garage Y/N false
Full Baths 2
Status Active
City Cape Coral
Disclosures Owner Has Flood Insurance Seller Disclosure
Land Lease Amount 0
Senior Community Y/N false
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Carport Spaces 1
Carport Y/N true
Tax Annual Amount 3864.32
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026013101
Structure Type Low Rise
Standard Status Active
Tax Lot 107
Property Sub Type Additional Condominium
Legal Description VILLA-LISA CONDO UNIT 4 OR 951 PG 626 APT 107
Assoc/CIC Condominium
HOA Fee 3 2400
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Interior
Interior Amenities Living/Dining Room Shower Only Separate Shower Walk-In Closet(s) Window Treatments
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung Impact Glass Window Coverings
Half Baths 0
Total Bedrooms 2
Entry Level 1
Room Type Screened Porch Great Room
Total Baths 2
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Exterior
Exterior Amenities Security/High Impact Doors None
Parking Features Assigned Covered One Space Detached Carport
Lot Features Other
Water Source Public
Lot Size Area 0.0665
Spa false
Building Area Total 1186
Lot Size Acres 0.0665
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Christy Knight

Listing Agent

John R. Wood Properties

Broker

topagent@christyknight.com

Email

Affordability Calculator

$2,262
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$322
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$315,000 Listed Price

Map


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1927 SE 40th Terrace 107, Cape Coral, FL, 33904 is a Condo for sale at $315,000 with 1,186 sqft and a lot size of 0.0665. 1927 SE 40th Terrace 107 has 2 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 33904 which is in Cape Coral, FL