# 1306 SE 40th Terrace, Cape Coral, FL 33904

> **TL;DR:** 4bd/4ba multi-family, $325,000, built 1964.
> A/C. Est. $1,738/mo. Listed 75 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Year Built | 1964 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | Active |
| Days on Market | 75 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,643 |
| Estimated Insurance | $95 |
| **Total** | **$1,738** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1964
- 0.23 acre lot

## Description

### Agent 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.

## Location

- **Address:** 1306 SE 40th Terrace, Cape Coral, FL 33904
- **County:** Lee
- **Neighborhood:** CAPE CORAL
- **Coordinates:** 26.576612, -81.947509
- **Google Maps:** https://www.google.com/maps?q=26.576612,-81.947509

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/fgcmls/2026035222

## Listing Agent

- **Name:** Mike Darda · **License:** 252000001
- **Brokerage:** Compass Florida LLC
- **Broker Phone:** (239) 542-2822
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1306-SE-40th-Ter_Cape-Coral_FL_33904_M90663-33121?f=listhub&s=FMSWFL&m=2026035222&c=propsimple)

## Photos

![1306 SE 40th Terrace - Photo 1](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3275089554r.jpg)

![1306 SE 40th Terrace - Photo 2](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1338579634r.jpg)

![1306 SE 40th Terrace - Photo 3](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1841596986r.jpg)

![1306 SE 40th Terrace - Photo 4](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1003128586r.jpg)

![1306 SE 40th Terrace - Photo 5](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f555983286r.jpg)

![1306 SE 40th Terrace - Photo 6](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f988361254r.jpg)

![1306 SE 40th Terrace - Photo 7](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3232874731r.jpg)

![1306 SE 40th Terrace - Photo 8](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1518109271r.jpg)

![1306 SE 40th Terrace - Photo 9](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3103759423r.jpg)

![1306 SE 40th Terrace - Photo 10](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3735746994r.jpg)

![1306 SE 40th Terrace - Photo 11](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f229062623r.jpg)

![1306 SE 40th Terrace - Photo 12](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3984016661r.jpg)

![1306 SE 40th Terrace - Photo 13](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1240460982r.jpg)

![1306 SE 40th Terrace - Photo 14](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f2163777379r.jpg)

![1306 SE 40th Terrace - Photo 15](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f2538376848r.jpg)

![1306 SE 40th Terrace - Photo 16](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3992057460r.jpg)

![1306 SE 40th Terrace - Photo 17](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f2719262834r.jpg)

![1306 SE 40th Terrace - Photo 18](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3606583067r.jpg)

![1306 SE 40th Terrace - Photo 19](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3852725290r.jpg)

![1306 SE 40th Terrace - Photo 20](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3432117545r.jpg)

![1306 SE 40th Terrace - Photo 21](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1829605899r.jpg)

![1306 SE 40th Terrace - Photo 22](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1527553403r.jpg)

![1306 SE 40th Terrace - Photo 23](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f4158289106r.jpg)

![1306 SE 40th Terrace - Photo 24](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f752055081r.jpg)

![1306 SE 40th Terrace - Photo 25](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3499836631r.jpg)

![1306 SE 40th Terrace - Photo 26](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f4018626677r.jpg)

![1306 SE 40th Terrace - Photo 27](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f3704152410r.jpg)

![1306 SE 40th Terrace - Photo 28](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f2648027479r.jpg)

![1306 SE 40th Terrace - Photo 29](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f2989727944r.jpg)

![1306 SE 40th Terrace - Photo 30](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1396450377r.jpg)

![1306 SE 40th Terrace - Photo 31](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f62729616r.jpg)

![1306 SE 40th Terrace - Photo 32](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f12296456r.jpg)

![1306 SE 40th Terrace - Photo 33](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f1437484661r.jpg)

![1306 SE 40th Terrace - Photo 34](http://lh.rdcpix.com/bb325077ec9b775010971aa381523fbal-f4064282892r.jpg)

---

**MLS#:** 2026035222 | **Updated:** 2026-10-28
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1306-se-40th-terrace-cape-coral-fl-33904-3f16d73b657d49d49c8e21a26c2a9636)

---

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