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  • $320,000

    1535 NE 40th St, Cape Coral, FL 33909

    4beds
    1,774sqft
    Single Family Residence
    Built in 2025
    10,018 Square Feet Lot
    $313,800 Zestimate®
    $180/sqft
    $2,411 Estimated rent

    Home value

    $313,800

    $276,000 - $355,000

    $2,411/mo

    Zestimate® history
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    What's special

    ~Buyers financing fell through, home is available again!~ Welcome to your dream waterfront lifestyle in Cape Coral! This stunning new construction home offers the perfect blend of modern comfort and Florida's natural beauty, nestled on intersecting canals that provide exceptional water access and views. Step inside to discover 1,774 square feet of thoughtfully designed living space featuring four spacious bedrooms and two well-appointed bathrooms. The interior showcases upgraded granite countertops throughout, adding an elegant touch to both the kitchen and bathrooms. The primary bedroom is a true retreat, boasting dual walk-in closets that provide ample storage space for all your belongings. One of this property's most compelling advantages is its location outside of a special flood hazard zone – a rare and valuable benefit for waterfront living in Florida that offers additional peace of mind and potential insurance savings. The real showstopper is the backyard, where intersecting canals create an outdoor paradise. The strategic positioning of the home provides a rear exposure that looks directly down one of the canals, offering expansive water views that change with the light throughout the day. Whether you're an avid angler, kayaking or light boating enthusiast you'll appreciate the direct water access right from your own property. The neighborhood offers the perfect balance of tranquility and convenience. Nearby Island Coast High School provides quality education options within easy reach. Nature lovers will appreciate the proximity to Gator Trails Park, where walking paths invite you to enjoy Florida's unique ecosystem. For everyday necessities, Publix Super Market at Shoppes at North Cape is just a short drive away, and golf enthusiasts will appreciate being near Del Tura Golf & Country Club. Cape Coral's famous 400+ miles of canals are at your doorstep. Imagine weekends spent fishing from your backyard, paddling through the canals, or taking your boat out for sunset cruises. This thoughtfully constructed home combines the appeal of new construction – with contemporary designs and modern energy efficiency – with the timeless allure of waterfront living. Everything is fresh and ready for you to add your personal touches and create memories that will last a lifetime. Don't miss this opportunity to embrace the coveted Southwest Florida lifestyle in a home that truly delivers on location, quality, and waterfront enjoyment.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Lambert 239-850-8887,

    DomainRealty.com LLC

    Bought with:

    Tim Sweeney, 159500513

    Elite Edge Fl Realty

    Source: Florida Gulf Coast MLS,MLS#: 225048975MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Great Room
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker
    • Laundry: Washer Hookup, Dryer Hookup, Inside
    Features
    • Built-in Features, Bedroom on Main Level, Breakfast Area, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, Kitchen Island, Main Level Primary, Shower Only, Separate Shower, Bar, Walk-In Closet(s), Split Bedrooms, Great Room
    • Flooring: Vinyl
    • Windows: Single Hung, Shutters
    Interior area
    • Total structure area: 2,380
    • Total interior livable area: 1,774 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage, Paved, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Exterior features: Room For Pool
    • Has view: Yes
    • View description: Canal, Water
    • Has water view: Yes
    • Water view: Canal,Water
    • Waterfront features: Canal Access, Intersecting Canal
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 80 x 125 x 80 x 125
    • Features: Rectangular Lot
    Details
    • Parcel number: 184324C305747.0050
    • Lease amount: $0
    • Zoning description: R1-W

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,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, High Speed Internet Available

    Community & HOA

    Community
    • Features: Non-Gated
    • 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: $180/sqft
    • Tax assessed value: $36,338
    • Annual tax amount: $934
    • Date on market: 5/20/2025
    • Cumulative days on market: 95 days
    • Listing terms: All Financing Considered,Cash,FHA,VA Loan
    • Ownership: Single Family
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/22/2025Sold$320,000-2.9%$180/sqft
    Source: Florida Gulf Coast MLS #225048975 Report a problem
    7/25/2025Pending sale$329,500$186/sqft
    Source: Florida Gulf Coast MLS #225048975 Report a problem
    7/23/2025Price change$329,500-2.9%$186/sqft
    Source: Florida Gulf Coast MLS #225048975 Report a problem
    6/22/2025Pending sale$339,500$191/sqft
    Source: SWFLMLS #225048975 Report a problem
    6/20/2025Price change$339,500-1.5%$191/sqft
    Source: SWFLMLS #225048975 Report a problem
    6/14/2025Price change$344,500-1.5%$194/sqft
    Source: SWFLMLS #225048975 Report a problem
    6/10/2025Price change$349,900-1.4%$197/sqft
    Source: SWFLMLS #225048975 Report a problem
    6/5/2025Price change$354,900-1.4%$200/sqft
    Source: SWFLMLS #225048975 Report a problem
    5/30/2025Price change$359,900-1.4%$203/sqft
    Source: SWFLMLS #225048975 Report a problem
    5/26/2025Price change$364,900-3.9%$206/sqft
    Source: SWFLMLS #225048975 Report a problem
    5/20/2025Listed for sale$379,900+783.5%$214/sqft
    Source: SWFLMLS #225048975 Report a problem
    4/11/2022Sold$43,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,085 +16.2%$36,338 +7.8%
    2024$934 -4%$33,718 +1.9%
    2023$973 +62.8%$33,090 +216.7%
    2022$598 +15.3%$10,450 +10%
    2021$518 +4.9%$9,500 +3.3%
    2020$494 -5.7%$9,200 -23.3%
    2019$524 $12,000 -11.1%
    2018$524 -5.1%$13,500 -10.6%
    2017$552 +7.9%$15,100 +16.2%
    2016$511 +9.5%$13,000 -18.8%
    2015$467 +1.9%$16,000 +37.9%
    2014$458 +24.2%$11,600 +52.6%
    2013$369 +8.2%$7,600 -31.5%
    2012$341 -3.8%$11,100 -7.5%
    2011$355 -10.3%$12,000 -7.7%
    2010$396 -2.3%$13,000 -7.1%
    2009$405 -18.4%$14,000 -44%
    2008$496 -61.3%$25,000 -64.3%
    2007$1,281 -46.2%$70,000 -45.7%
    2006$2,383 +365%$129,000 +479.8%
    2004$513 +114.5%$22,250 +142.6%
    2003$239 +203%$9,170 +349.5%
    2002$79 $2,040 +17.9%
    2000-- $1,730
    Find assessor info on the county website

    Neighborhood: 33909

    Nearby schools

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