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Active
    • Price cut: $10K (5/11)
    $179,900

    1220 SE 40th St APT 8, Cape Coral, FL 33904

    2beds
    1,000sqft
    : 
    $1,633/mo
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    Condominium
    Built in 1987
    -- sqft lot
    $167,900 Zestimate®
    $180/sqft
    $400/mo HOA

    What's special

    Waterfront settingBeautiful community swimming poolCommunity dockPeaceful waterfront atmosphereGround-floor convenience
    GULF ACCESS WATERFRONT!!! Affordable Waterfront Boating Lifestyle – Renovated Condo with Dock, Quick River Access & Walk to Downtown Cape Coral. Experience the relaxed waterfront lifestyle that makes Southwest Florida so special. This fully renovated 2-bedroom, 2-bath ground-floor condominium offers approximately 1,000 square feet of comfortable living in a small boating-oriented community just minutes from downtown Cape Coral. Boaters will love the location. From the community dock, enjoy a 10–15 minute idle-speed boat ride to the Caloosahatchee River, providing convenient boating access to the Gulf of America. The waterfront setting creates a true Florida experience. It’s common to see manatees and dolphins swimming through the canal, adding to the peaceful waterfront atmosphere. This community is designed for enjoying the outdoors. Residents can gather along the concrete waterfront patio area, perfect for morning coffee, sunset relaxation, or family picnics by the water. Kids often enjoy fishing right from the dock, creating the kind of simple waterfront memories that define coastal living. The community boat dock is currently undergoing renovations, with improvements underway that will enhance the boating experience even further in the coming months. Community highlights include: • Waterfront community with common boat dock • Concrete waterfront patio gathering area • Beautiful community swimming pool • Quiet, friendly boating community atmosphere • Ground-floor convenience Location is another major highlight. The property sits just about one mile from downtown Cape Coral, placing you within walking distance of restaurants, entertainment, shops, coffee houses, salons, and everyday conveniences. The nearby Del Prado corridor offers hundreds of businesses and services, making this one of the most convenient locations in the city. Whether you're searching for a primary residence, seasonal getaway, or an affordable entry into the Southwest Florida boating lifestyle, this condominium offers an outstanding opportunity to enjoy waterfront living at an attractive price point.
    141 days
    |
    1,586
    |
    86
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Johnny Joyce 843-569-0000,

    Keller Williams Realty Fort Myers and the Islands

    Source: Florida Gulf Coast MLS,MLS#: 2026013260MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Screened Porch, Great Room
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Freezer, Disposal, Refrigerator, Wine Cooler
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Built-in Features, Family/Dining Room, Living/Dining Room, Main Level Primary, Multiple Primary Suites, Pantry, Tub Shower, Cable TV, Split Bedrooms, Screened Porch, Great Room
      • Flooring: Tile
      • Windows: Single Hung
      Interior area
      • Total structure area: 1,000
      • Total interior livable area: 1,000 sqft
      Video & virtual tour

      Property

      Features
      • Stories: 1
      • Patio & porch: Lanai, Patio, Porch, Screened
      • Exterior features: None, Patio
      • Pool features: Community
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Access
      Lot
      • Size: 3,802 Square Feet
      • Features: Rectangular Lot
      Details
      • Parcel number: 074524C204900.0080
      • Lease amount: $0
      • Zoning description: RML

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary,Ranch,One Story,Low Rise
      • Property subtype: Condominium
      Materials
      • Block, Concrete, Stucco
      • Roof: Built-Up,Flat
      Condition
      • Resale
      • Year built: 1987

      Utilities & green energy

      • Sewer: Assessment Paid, Public Sewer
      • Water: Assessment Paid, Public
      • Utilities for property: Cable Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Boat Facilities
      • Security: None, Smoke Detector(s)
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: WAYWARD WIND
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Pier, Pool, See Remarks, Management
      • Services included: Irrigation Water, Maintenance Grounds, Reserve Fund, Sewer, Water
      • HOA fee: $400 monthly
      • HOA phone: 239-314-8647
      Location
      • Region: Cape Coral

      Financial & listing details

      • Price per square foot: $180/sqft
      • Tax assessed value: $125,889
      • Annual tax amount: $1,260
      • Date on market: 3/18/2026
      • Cumulative days on market: 141 days
      • Listing terms: All Financing Considered,Cash
      • Ownership: Condo

        Estimated market value

        $167,900

        $160,000 - $176,000

        $1,595/mo

        Price history

        DateEventPrice
        5/11/2026Price change$179,900-5.3%$180/sqft
        Source: Florida Gulf Coast MLS #2026013260 Report a problem
        4/9/2026Price change$189,900-5%$190/sqft
        Source: Florida Gulf Coast MLS #2026013260 Report a problem
        3/18/2026Listed for sale$199,900-2.4%$200/sqft
        Source: Florida Gulf Coast MLS #2026013260 Report a problem
        7/2/2025Listing removed$204,900$205/sqft
        Source: SWFLMLS #224050882 Report a problem
        5/18/2025Price change$204,900-8.9%$205/sqft
        Source: SWFLMLS #224050882 Report a problem
        3/18/2025Price change$224,900-1.8%$225/sqft
        Source: SWFLMLS #224050882 Report a problem
        2/5/2025Price change$229,000-4.5%$229/sqft
        Source: SWFLMLS #224050882 Report a problem
        11/3/2024Price change$239,900-3.7%$240/sqft
        Source: SWFLMLS #224050882 Report a problem
        9/24/2024Price change$249,000-4.2%$249/sqft
        Source: SWFLMLS #224050882 Report a problem
        6/12/2024Listed for sale$260,000$260/sqft
        Source: SWFLMLS #224050882 Report a problem
        6/7/2024Listing removed--
        Source: SWFLMLS #223089698 Report a problem
        5/9/2024Price change$260,000-4.4%$260/sqft
        Source: SWFLMLS #223089698 Report a problem
        4/14/2024Price change$272,000-1.4%$272/sqft
        Source: SWFLMLS #223089698 Report a problem
        3/10/2024Price change$276,000-2.1%$276/sqft
        Source: SWFLMLS #223089698 Report a problem
        2/15/2024Price change$282,000-2.4%$282/sqft
        Source: SWFLMLS #223089698 Report a problem
        1/16/2024Price change$289,000-3.3%$289/sqft
        Source: Florida Gulf Coast MLS #223089698 Report a problem
        12/6/2023Listed for sale$299,000+49.5%$299/sqft
        Source: Florida Gulf Coast MLS #223089698 Report a problem
        9/12/2022Sold$200,000-11.1%$200/sqft
        Source: Florida Gulf Coast MLS #222057769 Report a problem
        8/10/2022Pending sale$225,000$225/sqft
        Source: Florida Gulf Coast MLS #222057769 Report a problem
        8/2/2022Listed for sale$225,000+211.2%$225/sqft
        Source: Florida Gulf Coast MLS #222057769 Report a problem
        7/18/2013Sold$72,300-6.7%$72/sqft
        Source: Public Record Report a problem
        5/20/2013Pending sale$77,499$77/sqft
        Source: Tropics Realty #201316113 Report a problem
        5/15/2013Price change$77,4990%$77/sqft
        Source: Tropics Realty #201316113 Report a problem
        5/9/2013Price change$77,500-3%$78/sqft
        Source: Tropics Realty #201316113 Report a problem
        4/27/2013Listed for sale$79,900+29.9%$80/sqft
        Source: Tropics Realty #201316113 Report a problem
        4/16/2013Sold$61,500-72.9%$62/sqft
        Source: Public Record Report a problem
        1/4/2006Sold$227,000$227/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,261 +10.9%$85,132 +2.9%
        2024$1,137 -0.4%$82,733 +3%
        2023$1,142 -45.5%$80,323 -11.5%
        2022$2,097 +19.6%$90,739 +10%
        2021$1,754 +6.6%$82,490 +8.7%
        2020$1,646 +0.7%$75,905
        2019$1,634 $75,905 -1.1%
        2018$1,634 +2.5%$76,713 -1%
        2017$1,595 +4%$77,520 +26.1%
        2016$1,534 +13.3%$61,452 +16.4%
        2015$1,354 +9.3%$52,800 -4%
        2014$1,239 -2.3%$55,000 +60.8%
        2013$1,268 +80.5%$34,210 +10%
        2012$703 -45%$31,100 -55.1%
        2011$1,277 +21.4%$69,300 +50.3%
        2010$1,052 -39.1%$46,100 -42%
        2009$1,728 -18.1%$79,440 -33.8%
        2008$2,111 -24.9%$120,000 -24.5%
        2007$2,810 -8.4%$159,000 -5.4%
        2006$3,068 +180.7%$168,000 +124%
        2004$1,093 -19.6%$75,000 +25%
        2003$1,360 +34.9%$60,000 +39.5%
        2002$1,008 $43,000 +2.4%
        2000-- $42,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33904

        Getting around

        36 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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