1345 SE 40th Ter #2E, photo 1
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Overview

3 bd2 ba1,623 sqft1 car garageCondominium
TypeCondominium
Condo dues$760/mo
Built1977
Lot7,262 sqft
Living area1,623 sqft
Price / sqft$163
Garage1 car

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About this home

Built-in FeaturesCeiling Fans(s)Living Room/Dining Room ComboSplit BedroomWalk-in Closet(s)CourtyardBuyer Approval RequiredCommunity Mailbox

1345 SE 40th Ter #2E is a 1977-built home in Cor Del Condo, Cape Coral. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,623 square feet of living space. Listed at $265,000 (about $163/sqft), 16 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $760 monthly.

From the listing

GULF ACCESS 55+ CORNER CONDO JUST MINUTES TO OPEN WATER, WATER VIEWS, COMMUNITY POOL VIEWS, AND A PRIVATE 1-CAR GARAGE! This completely remodeled second-floor end unit offers 3 bedrooms, 2 baths, and 1,623 sq ft in a central Cape Coral location near shopping, dining, parks, and more. Enjoy exceptional views of Plato’s Canal from the spacious living and dining areas, primary suite, and screened balcony, while the community pool is just outside your side view. The updated open kitchen features granite countertops, white wood cabinetry with soft-close doors and drawers, pantry storage, under- and over-cabinet LED lighting, recessed lights, stainless steel appliances, and a stainless sink. New waterproof flooring runs throughout, complemented by fresh interior paint, modern LED light fixtures, six ceiling fans, updated door hardware, and a new electrical panel. The split-bedroom layout provides privacy for owners and guests. Both baths have been refreshed with new toilets, granite-topped vanities, and the primary bath includes dual sinks plus a glass-enclosed shower. The primary bedroom opens directly to the tiled screened balcony, complete with Plexiglass slider panels for year-round enjoyment. Newer A/C adds peace of mind. Enjoy the easy Southwest Florida lifestyle with quick boating access, a resort-style pool setting, and the convenience of a garage, all in one beautifully updated home.

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The essentials

Built
1977
Price / sqft
$163
On market
16 days
Annual tax
$4,761
Condo dues
$760/mo
Flood zone
AE
Lot
7,262 sqft
Type
Condominium

At a glance

Condo
Built 1977
Waterfront
Canal - Saltwater
Community pool
Shared amenity
1 car garage
Assigned
1,623 sqft
Living area

Payment

Est. monthly payment
$2,671/mo
Down payment (20%)
$53,000
Property taxes
$397/mo
Condo dues
$760/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1977
Lot
7,262 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Deeded, Driveway, Guest
Waterfront
Canal - Saltwater
Days on Market
16
Built-in Features
Ceiling Fans(s)
Living Room/Dining Room Combo
Split Bedroom
Walk-in Closet(s)
Courtyard
Buyer Approval Required
Community Mailbox
Irrigation-reclaimed Water
Pool
Dishwasher
Microwave
Range
Refrigerator
Flood Zone AE
Annual Tax (2025)
$4,761
Parcel #
07-45-24-C2-03202.00E0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Cor Del Condo
County
Lee
MLS Area
33904 - Cape Coral
Lot Size
7,262 sqft
Condo dues
$760/mo

Price history

Date
Event
Price
9/30/2026
Listed for sale
Source: Stellar MLS #C7530927
$265,000
$163/sqft

Neighborhood

1345 SE 40th Ter #2E
Cape Coral, FL, 33904 · 33904 - Cape Coral

Market insights

Offer Insights

Choose an offer strength

List price: $265,000
$250,000 – $265,000
94.5% – 100% of listTops out right at the list price
80% of listList price
7 of the last 12 condo closings in Cape Coral landed at this number or higher (58%). The median one sat 35 days before it went under contract, and this one is on day 16.

Sample: 12 closed condo sales in Cape Coral over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A small sample in a thin market. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,671/mo
Principal & interest$1,382
Property taxes$397
Insurance$133
HOA$760
Down payment20% · $53,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$265,000

$163 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,623 sq ft

Time on market

16 days

Year built

1977

Monthly payment

About $2,671/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,761 annual tax bill, insurance, and $760/mo in condo dues.

Condo dues

$760/mo

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byCENTURY 21 SELLING PARADISEListing agent: Christine BlassesListing data from Stellar MLS, MLS# C7530927.

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