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Contingent financing
$1,199,000
4beds
2,887sqft

1506 NW 40th Pl, Cape Coral, FL 33993

4beds
2,887sqft
Single family residence
Built in 2020
10,018 sqft
3 Attached garage spaces
$415 price/sqft

What's special

Expansive statement islandOversized garageSeamless boating accessWaterfront residenceSleek modern layoutDedicated full pool bathExpansive water views

Welcome to 1506 NW 40th Place, a waterfront residence featuring the custom Marsala floor plan by Frey & Son Homes, ideally positioned on a direct sailboat-access canal with no bridges in Cape Coral. The inspection has been completed, with all items fully addressed, making this home truly move-in ready. Offering nearly ...

214 days
|
180
|
4
|
Source: Florida Gulf Coast MLS,MLS#: 2026000840MLS LogoOriginating MLS: Florida Gulf Coast
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Ariel Burnham 239-470-8403,

Compass Florida, LLC

Source: Florida Gulf Coast MLS,MLS#: 2026000840MLS LogoOriginating MLS: Florida Gulf Coast

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
Rooms
  • Room types: Bathroom, Den, Guest Quarters, Screened Porch, Great Room
Primary bedroom
  • Description: Master Bedroom
  • Dimensions: 15.00 x 18.00
Bedroom
  • Description: Bedroom
  • Dimensions: 12.00 x 13.00
Bedroom
  • Description: Bedroom
  • Dimensions: 14.00 x 14.00
Den
  • Description: Den
  • Dimensions: 10.00 x 12.00
Dining room
  • Description: Dining Room
  • Dimensions: 15.00 x 12.00
Garage
  • Description: Garage
  • Dimensions: 32.00 x 25.00
Great room
  • Description: Great Room
  • Dimensions: 22.00 x 17.00
Kitchen
  • Description: Kitchen
  • Dimensions: 17.00 x 11.00
Screened porch
  • Description: Lanai
  • Dimensions: 13.00 x 33.00
Utility room
  • Description: Utility Room
  • Dimensions: 10.00 x 6.00
Heating
  • Central, Electric
Cooling
  • Central Air, Ceiling Fan(s), Electric
Appliances
  • Included: Built-In Oven, Double Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Water Purifier, Washer
  • Laundry: Inside, Laundry Tub
Features
  • Attic, Bedroom on Main Level, Bathtub, Coffered Ceiling(s), Dual Sinks, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Kitchen Island, Living/Dining Room, Multiple Shower Heads, Custom Mirrors, Main Level Primary, Pantry, Pull Down Attic Stairs, Separate Shower, Walk-In Closet(s), Split Bedrooms, Bathroom, Den, Guest Quarters, Screened Porch, Great Room
  • Flooring: Concrete
  • Doors: French Doors, Sliding Doors
  • Windows: Impact Glass
  • Attic: Pull Down Stairs
Interior area
  • Total structure area: 3,676
  • Total interior livable area: 2,887 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 3
  • Parking features: Attached, Driveway, Garage, Golf Cart Garage, Paved, Two Spaces, Garage Door Opener
  • Attached garage spaces: 3
  • Has uncovered spaces: Yes
Features
  • Stories: 1
  • Patio & porch: Lanai, Open, Porch, Screened
  • Exterior features: Security/High Impact Doors, Sprinkler/Irrigation
  • Has private pool: Yes
  • Pool features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Salt Water, Pool/Spa Combo
  • Has spa: Yes
  • Spa features: Electric Heat, Gunite, In Ground
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • Waterfront features: Canal Access, Navigable Water, Seawall
Lot
  • Size: 10,018 Square Feet
  • Dimensions: 80 x 125 x 80 x 125
  • Features: Rectangular Lot, Sprinklers Automatic
Details
  • Parcel number: 014422C205213.0170
  • Lease amount: $0
  • Zoning description: R1
  • Other equipment: Generator, Reverse Osmosis System

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Ranch,One Story
  • Property subtype: Single Family Residence
Materials
  • Block, Concrete, Stucco
  • Roof: Shingle
Condition
  • Resale
  • Year built: 2020

Utilities & green energy

  • Sewer: Septic Tank
  • Utilities for property: Cable Available, High Speed Internet Available

Community & HOA

Community
  • Features: Non-Gated, None
  • Security: Security System Owned, Burglar Alarm (Monitored), Security System, Key Card Entry, 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: $415/sqft
  • Tax assessed value: $948,650
  • Annual tax amount: $9,135
  • Date on market: 1/6/2026
  • Cumulative days on market: 215 days
  • Listing terms: All Financing Considered,Cash,FHA,VA Loan
  • Ownership: Single Family
  • Contingency: Financing
  • Road surface type: Paved

Price history

DateEventPrice
7/13/2026Pending sale$1,199,000$415/sqft
Source: Florida Gulf Coast MLS #2026000840 Report a problem
4/13/2026Price change$1,199,000-2.1%$415/sqft
Source: Florida Gulf Coast MLS #2026000840 Report a problem
2/22/2026Price change$1,225,000-2%$424/sqft
Source: Florida Gulf Coast MLS #2026000840 Report a problem
1/6/2026Listed for sale$1,250,000+1462.5%$433/sqft
Source: Florida Gulf Coast MLS #2026000840 Report a problem
10/23/2018Sold$80,000-11%$28/sqft
Source: Stellar MLS #T3133391 Report a problem
10/10/2018Pending sale$89,900$31/sqft
Source: Assist2Sell The Eshack Team #T3133391 Report a problem
9/30/2018Listed for sale$89,900-40.1%$31/sqft
Source: WEST COAST PREMIER REALTY, LLC #T3133391 Report a problem
2/9/2015Listing removed$150,000$52/sqft
Source: RE/MAX REALTY TEAM #214009869 Report a problem
2/13/2014Listed for sale$150,000+20%$52/sqft
Source: Re/Max Realty Team #214009869 Report a problem
3/26/2003Sold$125,000+594.4%$43/sqft
Source: Public Record Report a problem
7/6/2000Sold$18,000$6/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$9,518 +4.2%$575,394 +2.9%
2024$9,136 +2.4%$559,178 +3%
2023$8,925 +5.1%$542,891 +1.6%
2022$8,494 +10.9%$534,330 +20.6%
2021$7,662 +323.2%$443,066 +421.3%
2020$1,811 -1.6%$85,000
2019$1,840 $85,000
2018$1,840 +17.2%$85,000 +21%
2017$1,571 $70,253 -9.9%
2016$1,571 +1.5%$78,000
2015$1,548 +3.7%$78,000 -22%
2014$1,493 -5.8%$100,000 +117.4%
2013$1,585 +51%$46,000 +2.2%
2012$1,050 -11.7%$45,000 -11.8%
2011$1,189 -15.7%$51,000 -15%
2010$1,411 -21.3%$60,000 -25%
2009$1,794 -4%$80,000 -23.8%
2008$1,869 -43%$105,000 -43.2%
2007$3,275 -45.5%$185,000 -44.1%
2006$6,009 +120.6%$331,000 +159.6%
2004$2,724 +23.5%$127,500 +30.1%
2003$2,205 +110%$98,000 +119.3%
2002$1,050 $44,690 +185%
2000-- $15,680

Find assessor info on the county website

Monthly payment

Est. payment
$7,406/mo
Principal & interest
$6007
Property taxes
$1399
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 33993

Nearby schools

Trafalgar Elementary School
Grades PK-5 • 4.9 miles
6/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
5/10
Mariner Middle School
Grades 6-8 • 3.4 miles
4/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
3/10
Mariner High School
Grades 9-12 • 3.4 miles
3/10
GreatSchools® Rating
Test Score Rating
3/10
College Readiness Rating
4/10
Student Progress Rating
2/10

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