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Updated Duplex with Screened Porches
For Sale
$480,000

1310 SE 40th Terrace, Cape Coral, FL 33904

ResidentialIncome, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market16

Property Features for 1310 SE 40th Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 2
Patio and Porch features Patio
Pets allowed Yes
Exterior features Patio
Subdivision CAPE CORAL
Lot features Rectangular Lot
Standard status Active
APN 07-45-24-C2-00313.0050
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 7 BLK 313 PB 12 PG 123 LOT 5 + 6
Tax Annual Amount 6250
Legal Description CAPE CORAL UNIT 7 BLK 313 PB 12 PG 123 LOT 5 + 6

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Amenities

screened porch
in-unit washer and dryer

Building Details

Year built 1964
Number of units 1
Flooring type Laminate
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Premiere Plus Realty Company
Listed By: Aelita Caamano Pena · License #258036296
Added: Aug 27 Changed: Sep 6 Last Checked: Sep 11 at 2:06AM
MLS# 2026037273

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.

Investment Insights

Based on property information with market context.

This block-and-stucco duplex, built in 1964, contains two separate residences with two bedrooms and two bathrooms each. Both units include screened porches, updated kitchens with granite countertops and wood cabinetry, private outdoor areas, central air conditioning, and electric heating. One residence also includes an enclosed bonus room, an in-unit washer and dryer, and additional flexible living space. The property has a shingle roof and patio areas.

Situated at 1310 SE 40th Terrace in Cape Coral, the duplex is near shopping, dining, and major roadways. The 0.23-acre property is identified as not requiring flood insurance. One unit is occupied under a lease renewed through August 31, 2027, while the other is described as move-in ready.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 2 bathrooms per residence
  • Updated kitchens with granite countertops and wood cabinetry
  • Screened porches and private outdoor areas for both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Garden Center Auto Parts Store Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences feature updated kitchens, private outdoor areas, and central air conditioning.
Where is this duplex located?
The property is located at 1310 SE 40th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 bathrooms per residence; Updated kitchens with granite countertops and wood cabinetry; Screened porches and private outdoor areas for both units
More about this property
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