About This Home

This 4-bedroom, 4-bathroom multi-family at 1310 SE 40th Terrace #1A & 1B in Cape Coral, FL is listed for $480,000. Built in 1964, on a 0.23 acres lot.

Key Features

  • Built in 1964
  • 0.23 acre lot

Property Details

4 full
#1A & 1B
1964

Amenities

A/C
Listing Description

Excellent investment or owner occupant opportunity in desirable SE Cape Coral! This well-maintained duplex offers two spacious 2 bedroom, 2 bath units, each with its own screened porch and updated kitchen featuring granite countertops and wood cabinetry.

Unit 1A is move-in ready, featuring an additional enclosed bonus/great room, in-unit washer and dryer, and plenty of flexible living space. Unit 1B has a tenant ($1,725/month) with a recently renewed lease through August 31, 2027, providing immediate rental income for the new owner.

Both units offer tile flooring throughout, private outdoor areas, and separate living spaces. Conveniently located in SE Cape Coral with easy access to shopping, dining and major roadways. No flood insurance needed. A great opportunity to live in one side while generating income from the other, or add a solid duplex to your investment portfolio!

Monthly Cost Estimate

$2,567/mo

20% down · 6.5% · 30 years

Principal$347
Interest$2,080
Insurance$140

Estimates only. Actual payments may vary.

Location

1310 SE 40th Terrace #1A & 1B

Cape Coral, FL 33904

CAPE CORAL

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

Laminate

Construction

Block Concrete Stucco

Outdoor Features

Patio

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 1310 SE 40th Terrace is listed at $480,000. The estimated monthly payment is $2,567 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.23 acre lot. Exterior Features: Patio.

This property is listed by Aelita Caamano Pena.

AP

Aelita Caamano Pena

License 258036296

Agent at Premiere Plus Realty Company

Listed by Premiere Plus Realty Company · Broker phone: (239) 206-2777 · View on Broker Site

MLS# 2026037273· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 63 days on PropertySimple

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.

1310 SE 40th Terrace #1A & 1B, Cape Coral, FL 33904

Open this listing in: