- For Sale $1,695,000
- Property Type Multi-Family
- Property Size 7,768 SF
- Units 8
- Lot Size 0.45 Acre
- Parking Spaces Avail. 12
- Parking Ratio 1.54 / 1,000 SF
- Year Built 1984
- Date Updated Apr 24, 2026
Description
Located at 1318 SE 40th Terrace, this property sits in the heart of Southeast Cape Coral, one of the city’s most established and desirable residential and multifamily submarkets. The area is known for its strong neighborhood appeal, mature landscaping, and proximity to everyday amenities, making it attractive to both long-term residents and renters. Nearby Del Prado Boulevard South serves as a primary commercial corridor, offering convenient access to shopping, dining, medical services, and employment centers.
The location provides excellent connectivity to the broader Southwest Florida region, with quick access to Fort Myers via the Cape Coral Bridge and close proximity to schools, parks, and waterfront recreation. Strong area demographics, consistent rental demand, and limited new multifamily supply in the immediate vicinity further support the long-term stability and investment appeal of this Southeast Cape Coral address.
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Contacts
Mayhugh Realty
Mayhugh Realty