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Cape Coral 33914 Pelican
1511 SW 40th Terrace
$1,640,000
↑ $50K (3.1%)
House - For Sale

1511 SW 40th Terrace

CAPE CORAL, FL 33914
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2442 Sqft
$8,360
Estimated Monthly
2.21%
Cap Rate

About This Property

Come See This luxurious brand-new truly one-of-a-kind Turn Key Gulf Access home. With three spacious bedrooms, and three full bathrooms, this home offers the perfect combination of style and functionality. Step inside and you'll be greeted by beautiful 24x48 tiles throughout the house, creating a sleek and contemporary feel. The pool deck features specialty pavers, adding an extra touch of elegance to the outdoor space. Safety is a top priority in this home, with hurricane impact doors, sliders, and windows installed throughout. Many great features of this property is the large lanai, complete with a separate outdoor BBQ kitchen area. Imagine hosting friends and family for a summer cookout, all while enjoying the Florida sunshine. The custom pool with a spa is the perfect place to relax and unwind after a long day. Bring your boat and start exploring the waterways. More notable features include a metal roof, custom quality kitchen, and a data panel for all your technological needs. And let's not forget about the location. Just a short scenic boat ride will take you directly to the Gulf for some cruising or fishing fun.

The manager has listed the unit size as 2442 square feet.
Unit Size
2,442Ft²
Days on Market
246 days
Land Size
0.24 acres
Price per sqft
$672
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
-

Listed By

Cossett Garcia
Pro Management Realty
Last updated: 2 months ago (FMSWFL #223077120)

Price History

Date / Event Date Event Price
Mar 18, 2024 Price Increased $1,640,000
↑ $50K (3.1%)
Price Increased
Mar 1, 2024 Price Decreased $1,590,000
↓ $10K (0.6%)
Price Decreased
Oct 19, 2023 Listed by 239 Pro Management Realty $1,599,900
Listed by 239 Pro Management Realty
Apr 15, 2023 No longer available -
No longer available
Apr 13, 2023 Sold to Anita Milanova, Venko Milanov $1,280,000
Sold to Anita Milanova, Venko Milanov
Show More

Property Highlights

Air Conditioning
With View
Interior Details

Interior Information

Security System
Exterior Details

Exterior Information

Block
Concrete Block
Stucco

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,629
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: CAPE CORAL
  • Land Acres: 0.244
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: CAPE CORAL UNIT 65 BLK 3350 PB 21 PG 161 LOTS 4 + 5

Ownership

  • Current Owner : MILANOV VENKO
  • Current Owner 2: MILANOVA ANITA
  • Previous Owner : 1511 SW 40TH TERR LLC
  • Owner Before Previous Owner: FARLEY WILLIAM
  • Owner Before Previous Owner 2: FARLEY S
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010418

Zoning

  • Zoning: RD-W

Geography

  • Assessors Map Reference: 12-10
  • Account Number: 10105889
  • Subdivision Tract Number: C1
  • Parcel: 10-45-23-C1-03350.0040
  • Block: 3350
  • Lot: 4,5
  • Meridian: SEC 10 TWN 45S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.5769
  • Longitude: -82.0057

    Address

  • Full Address: 1511 Sw 40th Ter
  • Legal Unit: 65
  • Address - House Number: 1511
  • Street Direction: SW
  • Address - Street Name: 40th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R147
  • 4-Digit Zip Code: 5667
  • Zip Code: 33914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,460
  • Tax Rate Code Area: 057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,152,000
  • First Open Lien Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 13, 2023
  • First Open Lien Mortgage Loan Amount: $1,152,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $192,999
  • Market Land Value: $186,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,344

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Transaction ID: 11905557368
  • Current Sale Price: $1,280,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 133432
  • Previous Sale Recording Date: Jun 11, 2021
  • Previous Sale Contract Date: May 26, 2021
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Mortgage Transaction Date: Apr 13, 2023
  • First Mortgage Loan Amount: $1,152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,308 ft²
$490/ft²
$1,620,000 May 17, 2023
$1,620,000 Aug 16, 2023
$603/mo
House
5 Beds
5 Baths
3,045 ft²
$489/ft²
$1,490,000 Jul 12, 2022
$1,490,000 Aug 22, 2023
$236/mo
House
4 Beds
3 Baths
2,507 ft²
$558/ft²
$1,399,999 Sep 25, 2023
-
$186/mo
House
4 Beds
3 Baths
2,442 ft²
$530/ft²
$1,295,000 Oct 12, 2023
-
$210/mo
House
4 Beds
3 Baths
2,540 ft²
$551/ft²
$1,399,900 Aug 3, 2023
-
$191/mo
House
3 Beds
3 Baths
2,416 ft²
$658/ft²
$1,590,000 May 21, 2023
-
$196/mo
House
3 Beds
3 Baths
2,168 ft²
$600/ft²
$1,300,000 Aug 14, 2023
-
$220/mo
House
3 Beds
2 Baths
2,097 ft²
$615/ft²
$1,290,000 Jul 28, 2023
-
$843/mo
House
5 Beds
3 Baths
2,870 ft²
$452/ft²
$1,298,000 Oct 6, 2023
-
$773/mo
Commercial
Loft
-
-
$1,900,000 Mar 9, 2021
-
$875/mo

About Pelican


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Frequently Asked Questions

When was property at 1511 Southwest 40th Terrace built and last sold?
The property at 1511 Southwest 40th Terrace was built in and last sold on Apr 11, 2023 for $1,280,000.
How much is this home worth?
The estimated value of the home located at 1511 Southwest 40th Terrace is $1,576,956.
What are some comparable homes to 1511 Southwest 40th Terrace?
Homes that are comparable to 1511 Southwest 40th Terrace include a house property at 2029 Southwest 41st Street, 1713 Savona Parkway West, 4339 Southwest 20th Avenue.

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