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1915 SE 40th Terrace Unit 103

Cape Coral, FL 33904

2 beds
2 baths
1,186 sqft
$223 per sqft
1975 build
– on site

Location is everything, and this beautifully updated first-floor end-unit condo is ideally positioned in the highly sought-after Beach Parkway area of Cape Coral. Nestled on intersecting 200-foot-wide sailboat access canals, the property is just minutes from the Caloosahatchee River, making it perfect for boaters and water enthusiasts who want to enjoy the best of Southwest Florida living. The spacious great room floor plan is filled with natural light and features a wall of sliding glass doors that open to expansive waterfront views. An enclosed lanai offers year-round enjoyment and a front-row seat to watch dolphins, manatees, and fish from the comfort of your own home. Additional features include an assigned covered carport and an exterior storage closet for added convenience. The community also offers a heated pool and boat docks, enhancing the waterfront lifestyle. Just around the corner, the newly renovated Jaycee Park—scheduled to reopen in Fall 2025—will feature a boardwalk, boat slips, splash pad, food truck court, shaded picnic areas, volleyball courts, lawn games, and a bandshell for live entertainment. Walking and biking paths will connect you to this vibrant waterfront destination. This Certified Pre-Owned condo includes a home warranty for added peace of mind. Most importantly, the seller is extremely motivated and will entertain owner financing with acceptable terms. This is a rare opportunity to own a piece of paradise with flexible options—schedule your showing today.

Listing courtesy of FGCMLS / Your Home Sold Guaranteed Rlty

Last checked: Checking… • Last updated Jul 17, 2025 •

MLS# 225000579 —

The Building

Year Built:

1975
Construction Materials:

Block,Concrete,Stucco
Architectural Style:

LowRise
Unit Number:

103
Structure Type:

LowRise
Roof:

Metal
Window Features:

Sliding,ImpactGlass,Shutters,WindowCoverings
Building Area Total:

1186.0
Building Area Source:

Appraiser
Number Of Units In Community:

16

Interior

Interior Features:

BreakfastBar,BuiltInFeatures,BedroomOnMainLevel,FamilyDiningRoom,LivingDiningRoom,MainLevelPrimary,ShowerOnly,SeparateShower,CableTv,WindowTreatments
Laundry Features:

WasherHookup,DryerHookup,Inside
Entry Level:

1
Stories Total:

2
Flooring:

Vinyl
Furnished:

Unfurnished
Room Type:

Bathroom,GuestQuarters,GreatRoom
Living Area:

1186.0

Room Dimensions

Living Area Source:

Appraiser

Financial & Terms

Ownership:

Condo
Possession:

CloseOfEscrow

Location

Longitude:

-81.935126
Latitude:

26.576836

The Property

Property Type:

Residential
Property Sub Type:

Condominium
Property Sub Type Additional:

Condominium
Property Condition:

Resale
Parcel Number:

08-45-24-C1-00500.1030
Exterior Features:

SprinklerIrrigation
Lot Features:

Other,SprinklersAutomatic
Lot Size Acres:

0.0665
Lot Size Units:

Acres
Lot Size Source:

Appraiser
Road Surface Type:

Paved
Road Responsibility:

PublicMaintainedRoad
View:

Canal
View:

true
Waterfront:

true
Waterfront Features:

CanalAccess,IntersectingCanal,Seawall
Lot Dimensions Source:

Appraiser

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$2,053.90
Tax Block:

500
Tax Lot:

103

Beds

Bedrooms Total:

2

Baths

Bathrooms Full:

2
Bathrooms Total:

2

The Listing

Virtual Tour URL:

Virtual Tour

Heating & Cooling

Cooling:

CentralAir,CeilingFans,Electric
Cooling:

true
Heating:

Central,Electric
Heating:

true

Utilities

Sewer:

PublicSewer
Utilities:

CableAvailable,HighSpeedInternetAvailable
Water Source:

Public
Irrigation Source:

Municipal

Appliances

Appliances:

Dryer,Dishwasher,Freezer,Disposal,Microwave,Range,Refrigerator,Washer

Schools

Elementary School:

SCHOOL CHOICE
Middle School:

School Choice

The Community

Subdivision Name:

Villa Lisa Condo
Country Subdivision:

12071
Association:

false
Association Amenities:

BoatDock,Park,Pool,Storage,Management
Community Features:

BoatFacilities,NonGated
Association Fee Includes:

AssociationManagement,Insurance,IrrigationWater,LegalAccounting,MaintenanceGrounds,PestControl,RecreationFacilities,ReserveFund,RoadMaintenance,Sewer,Trash,Water
Association Fee 3:

2370.0
Association Fee 3 Frequency:

Quarterly
Spa:

false
Pool Features:

Community
Pool Private:

false
Senior Community:

false
Pets Allowed:

Call,Conditional
Maximum Pet Weight:

30
Maximum Number Of Pets:

2

Parking

Parking Features:

Assigned,Covered,Paved,OneSpace,DetachedCarport
Garage:

false
Carport:

true
Carport Spaces:

1.0
Covered Spaces:

1.0

Monthly cost estimate

Asking price

$264,900

Expense	Monthly cost
Mortgage	$1,418
Taxes	$171
Insurance	$72
Utilities	$118 See report
Total	$1,779/mo.^*
	^*This is an estimate

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This condo located in Caloosahatchee, Cape Coral, FL 33904 is currently pending sale for $264,900. 1915 SE 40th Terrace Unit 103 is a 1,186 square foot condo with 2 beds and 2 baths that has been on Estately for 1 days. 1915 SE 40th Terrace Unit 103 is in the Caloosahatchee neighborhood of Cape Coral. This condo is in the attendance area of Cape Elementary School, Ida S. Baker High School, Caloosa Middle School, Gulf Elementary School, Mariner High School, Challenger Middle School, Skyline Elementary School, Trafalgar Middle School, Diplomat Middle School, and Hector A. Cafferata Jr Elementary School.

Listing Courtesy of: FGCMLS and Your Home Sold Guaranteed Rlty. Data displayed here has not been verified by Estately. Disclaimers