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  • $398,000

    1261 NE 40th St, Cape Coral, FL 33909

    3beds
    1,765sqft
    Single Family Residence
    Built in 2025
    10,497 Square Feet Lot
    $396,600 Zestimate®
    $225/sqft
    $2,404 Estimated rent

    Home value

    $396,600

    $353,000 - $444,000

    $2,404/mo

    Zestimate® history
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    What's special

    Modern soft-close cabinetryEpoxy-coated garage floorsQuartz waterfall islandElegant finishesSpacious covered lanaiOpen-concept layoutSoaring ceilings
    PRICE UPDATED! We will Consider Home to Sell Contingencies. !! Additional Closing Cost Credits towards Prepaids and or buy-downs at closing !! CORNER LOT – Stunning New Construction in NE Cape Coral | Seller's incentive available towards closing costs, prepaids, or rate buy down. Design, Premium Upgrades & 3 Bedrooms + Den/ Study + 3 Full Bathrooms + Outdoor kitchen in the lanai. Welcome to this exceptional new construction home in the desirable Northeast Cape Coral area, offering 1,765 sq. ft. of refined living space (2,460 sq. ft. total). Designed with a perfect balance of modern elegance and everyday functionality, this 3-bedroom + den/office, 3-bathroom residence sits proudly on a corner lot and offers plenty of room to add the pool of your dreams. Step inside and be greeted by an open-concept layout with soaring ceilings, beautiful natural light, and seamless transitions between the living, dining, and outdoor areas. The spacious covered lanai—complete with an outdoor kitchen—creates the ideal setting for entertaining or relaxing in style. At the heart of the home, the chef-inspired kitchen boasts: • A striking quartz waterfall island • Stainless steel appliances • Modern soft-close cabinetry • Elegant finishes that elevate both design and functionality The luxurious primary suite serves as your private retreat, featuring: • Double walk-in closets with custom wood shelving & drawers • A spa-like bathroom with a walk-in shower, dual shower heads, and premium finishes Each additional bedroom is designed for comfort and versatility, offering remote-controlled ceiling fans and access to beautifully designed bathrooms. Built with quality and longevity in mind, this home includes: • Impact-resistant windows & sliding doors • Energy-efficient LED lighting throughout • High-efficiency HVAC system • Epoxy-coated garage floors • Modern, durable construction features that provide peace of mind Located in the Gator Circle neighborhood a rapidly growing area of NE Cape Coral, just minutes from shopping, dining, schools, and essential conveniences, this home embodies the best of Florida living—style, comfort, and an unbeatable location. Schedule your private showing today and discover the luxury and value this stunning new home has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    FERNANDO Gaitan 239-940-3642,

    Legacy Premier Realty LLC

    Bought with:

    Wendy Fernandez, 258024083

    MAKS Realty Inc

    Source: Florida Gulf Coast MLS,MLS#: 2025020776MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Den, Screened Porch
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
    Features
    • Bathtub, Dual Sinks, Eat-in Kitchen, Kitchen Island, Living/Dining Room, Multiple Shower Heads, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms, Den, Screened Porch
    • Flooring: Tile
    • Windows: Single Hung, Impact Glass
    Interior area
    • Total structure area: 2,460
    • Total interior livable area: 1,765 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Lanai, Porch, Screened
    • Exterior features: Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Kitchen, Room For Pool
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Size: 10,497 Square Feet
    • Dimensions: 90 x 125 x 90 x 125
    • Features: Corner Lot, Sprinklers Automatic
    Details
    • Parcel number: 184324C305713.0260
    • Lease amount: $0
    • Zoning description: R1-D

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,One Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Non-Gated
    • Security: Smoke Detector(s)
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: CAPE CORAL
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: None
    Location
    • Region: Cape Coral

    Financial & listing details

    • Price per square foot: $225/sqft
    • Tax assessed value: $34,723
    • Annual tax amount: $763
    • Date on market: 11/19/2025
    • Cumulative days on market: 152 days
    • Listing terms: All Financing Considered,Cash
    • Ownership: Single Family
    • Contingency: Financing

    Price history

    DateEventPrice
    4/17/2026Sold$398,000$225/sqft
    Source: Florida Gulf Coast MLS #2025020776 Report a problem
    3/10/2026Pending sale$398,000$225/sqft
    Source: Florida Gulf Coast MLS #2025020776 Report a problem
    2/2/2026Price change$398,000-2.7%$225/sqft
    Source: Florida Gulf Coast MLS #2025020776 Report a problem
    1/16/2026Price change$409,000-2.4%$232/sqft
    Source: Florida Gulf Coast MLS #2025020776 Report a problem
    11/20/2025Listed for sale$419,000+739.7%$237/sqft
    Source: Florida Gulf Coast MLS #2025020776 Report a problem
    12/12/2024Sold$49,900$28/sqft
    Source: Florida Gulf Coast MLS #224067676 Report a problem
    11/18/2024Pending sale$49,900$28/sqft
    Source: SWFLMLS #224067676 Report a problem
    9/23/2024Listed for sale$49,900$28/sqft
    Source: SWFLMLS #224067676 Report a problem
    9/16/2024Pending sale$49,900$28/sqft
    Source: SWFLMLS #224067676 Report a problem
    8/16/2024Listed for sale$49,900+375.2%$28/sqft
    Source: SWFLMLS #224067676 Report a problem
    3/13/2020Listing removed$10,500$6/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    9/19/2019Pending sale$10,500$6/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    7/18/2019Price change$10,500-3.7%$6/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    4/18/2019Price change$10,900-8.4%$6/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    3/20/2019Price change$11,900-20.1%$7/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    3/14/2019Listed for sale$14,900$8/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    1/15/2019Pending sale$14,900$8/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    5/7/2018Price change$14,900+7.2%$8/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    3/21/2018Price change$13,900-26.5%$8/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    12/8/2017Price change$18,900+73.4%$11/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    10/25/2017Price change$10,900-29.7%$6/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    1/5/2017Price change$15,500+56.6%$9/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    3/9/2016Price change$9,900-16.8%$6/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    10/21/2014Listed for sale$11,900-7.8%$7/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    6/11/2014Listing removed$12,900$7/sqft
    Source: Land Brokers Inc #214000459 Report a problem
    3/1/2014Listed for sale$12,900$7/sqft
    Source: Land Brokers Inc #214000459 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,024 +34.1%$34,723 +338.4%
    2024$763 +27.6%$7,920
    2023$598 +21.6%$7,920 +10%
    2022$492 +2.2%$7,200 +0.7%
    2021$482 +7.4%$7,150 +10%
    2020$448 +0.7%$6,500 -13.3%
    2019$445 $7,500 -10.7%
    2018$445 +6.5%$8,400 -20.6%
    2017$418 $10,578 +0.7%
    2016$418 +6.5%$10,500 +54.4%
    2015$393 +16.1%$6,800 +13%
    2014$338 -0.1%$6,016 +39.9%
    2013$339 +81.6%$4,300 +19.4%
    2012$186 -8.3%$3,600 -25%
    2011$203 -20.9%$4,800 -26.2%
    2010$257 -7%$6,500 -16.7%
    2009$276 -4.9%$7,800 -40%
    2008$291 -56.9%$13,000 -62.9%
    2007$674 -49.1%$35,000 -50%
    2006$1,324 +356.9%$70,000 +500.9%
    2004$290 +116.6%$11,650 +163.6%
    2003$134 -52.5%$4,420 +194.7%
    2002$282 $1,500 +24%
    2000-- $1,210
    Find assessor info on the county website

    Neighborhood: 33909

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