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1923 SE 40th Terrace Unit 205

Cape Coral, FL 33904

2 beds
2 baths
1,186 sqft
$200 per sqft
1975 build
– on site

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A boater and fisherman’s dream location that’s rarely available! This beautiful, 2nd floor sailboat access condo is located near the mouth of the Caloosahatchee. Along with the over-sized Plato canal and expensive homes you have a view of the river from your lanai – nice to always know the current boating conditions. The condo is located in a quiet area of SE Cape Coral plus it’s only a short walking distance to Jaycee Park. The exterior of the condo was freshly painted in 2018. A brand new metal roof was installed and completed in January 2019. The unit has been loved and cared for – the inside is light and bright with 8’ ceilings and ready to move in. It has new “travertine style” flooring throughout and was recently painted. The lanai is over-sized with incredible views. There are built-ins in the living room / dining room for extra storage and slider drawers for convenience. Electrical panel was replaced in 2016. The hot water heater is newer and the AC is from 2011 (which is serviced annually). There is extra outdoor space, covered parking, extra storage in and out plus guest parking available. Newer captains walk and sea wall. Washer and Dryer in unit.

Listing courtesy of FGCMLS / Premier Palm Properties LLC

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

MLS# 219010532 —

The Building

Year Built:

1975
Construction Materials:

Block,Concrete,Stucco
Architectural Style:

Other,LowRise
Unit Number:

205
Structure Type:

LowRise
Roof:

Metal
Security Features:

SmokeDetectors
Window Features:

Jalousie,Other
Patio And Porch Features:

Deck,Lanai,Open,Porch,Screened
Building Area Total:

1186.0
Building Area Source:

Appraiser
Number Of Units In Community:

16

Interior

Interior Features:

BreakfastBar,BuiltInFeatures,BreakfastArea,Bathtub,TrayCeilings,SeparateFormalDiningRoom,HighCeilings,Pantry,SeparateShower,CableTv,WalkInClosets,HighSpeedInternet
Laundry Features:

Inside
Entry Level:

2
Stories Total:

2
Flooring:

Tile
Furnished:

Unfurnished
Room Type:

Bathroom,GuestQuarters,ScreenedPorch
Living Area:

1186.0

Room Dimensions

Living Area Source:

Appraiser

Financial & Terms

Ownership:

Condo
Possession:

CloseOfEscrow
Buyer Financing:

Cash

Location

Longitude:

-81.934798
Latitude:

26.576837

The Property

Property Type:

Residential
Property Sub Type:

Condominium
Property Sub Type Additional:

Condominium
Property Condition:

Resale
Parcel Number:

08-45-24-C1-00500.2050
Exterior Features:

Deck,None,Storage
Lot Features:

RectangularLot,DeadEnd
Lot Size Acres:

0.07
Lot Size Dimensions:

375 x 154 x 375 x 156
Lot Size Units:

Acres
Lot Size Source:

Appraiser
Road Surface Type:

Paved
Road Responsibility:

PublicMaintainedRoad
View:

Canal,River
View:

true
Waterfront:

true
Waterfront Features:

CanalAccess
Lot Dimensions Source:

Appraiser

Listing Agent

Contact info:

Taxes

Tax Year:

2017
Tax Annual Amount:

$2,741
Tax Block:

500
Tax Lot:

205

Beds

Bedrooms Total:

2

Baths

Bathrooms Full:

2
Bathrooms Total:

2

The Listing

Heating & Cooling

Cooling:

CentralAir,Electric
Cooling:

true
Heating:

Central,Electric
Heating:

true

Utilities

Sewer:

AssessmentPaid
Utilities:

CableAvailable
Water Source:

AssessmentPaid
Irrigation Source:

IncludedInAssessment,ReclaimedWater

Appliances

Appliances:

DoubleOven,Dryer,Dishwasher,ElectricCooktop,Freezer,Disposal,Microwave,Range,Refrigerator,SelfCleaningOven,Washer

The Community

Subdivision Name:

Villa Lisa Condo
Country Subdivision:

12071
Association:

true
Association Amenities:

GuestSuites,Management
Community Features:

BoatFacilities,CondoHotelCommunity,NearHotelMotel,NonGated,StreetLights
Association Fee Includes:

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

1400.0
Association Fee 3 Frequency:

Quarterly
Spa:

false
Pool Private:

false
Pets Allowed:

Call,Conditional

Parking

Parking Features:

Assigned,Covered,Guest,OneSpace,DetachedCarport
Garage:

false
Carport:

true
Carport Spaces:

1.0
Covered Spaces:

1.0

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$118/mo.

Estimate provided by ClearlyEnergy

View a full report

Condo Sold on 4/4/2019

$238,000

Listing provided by broker:

Anita Alt

Premier Palm Properties LLC

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Listing Courtesy of: FGCMLS and Premier Palm Properties LLC. Data displayed here has not been verified by Estately. Disclaimers

1923 SE 40th Terrace Unit 205 Cape Coral, FL 33904