tomo logo

$725,000

Beds
3
Baths
2.0
sq ft
2,022

2016 SW 40th Ter, Cape Coral, FL 33914

2016 SW 40th Ter

Cape Coral, FL 33914

  • <1 day on market
This Gulf Access pool home, located in one of the most desirable and friendly neighborhoods in Cape Coral, is one you don't want to miss! It would be great as your primary home, but also as a 2nd home or vacation rental since it comes fully furnished and turnkey. Everything is included, even all the TV's, linens, and fully stocked kitchen. Nothing to do but bring your suitcase! It's all about the outdoor living. The southern rear exposure is ideal for sun on your pool all day or lounging on the dockside patio. For you boaters, this home is equipped with a reinforced wrap around dock and 10,000 lb boat lift. Get right out to the gulf from your own backyard! There is also a new oversized screen enclosure over your pool and large lanai. This home has a very special NEW roof. It is stone-coated steel interlocking roof system that can withstand up to 150+ mph winds. It also includes a 50-year transferable warranty! It looks like shingles - but it's better and will last a lifetime! The roof, along with the accordion shutters on all the windows will make you feel safe and secure in any storm. And there has been no flooding here! As you walk into the elegant foyer you will see the large great room with a view straight out to the pool and waterfront. The great room has a vaulted ceiling and luxury vinyl tile floors. There are 3 bedrooms and 2 baths with a huge primary suite! The primary bedroom is very spacious with sliders to the pool and a water view from your bed! The attached bathroom was recently renovated with dual sinks, jacuzzi tub, separate shower, toilet room, and walk-in closet. There are several options for dining, a cozy breakfast nook, and a breakfast bar in the kitchen. There is also a room that is currently used as a dining room or it could be a family room. And of course, you can dine on your covered lanai! There are pocket sliders throughout the home for true indoor/outdoor living. There is a new washer/dryer, range, dishwasher water heater and pool pump. The pool heater was new in 2019, and the A/C system was replaced in 2018 and has been maintained annually. All new outdoor lighting was added. If you are looking for a vacation rental, then you'd have automatic tenants for the season as the seller would like to rent back for 3 months in the winter! Don't miss this lovely well-maintained spotless home. Call for your private showing today.

Details

Property type

Single Family Residence

Est. home value

$839,805

Lot size

0.24 acres

Price per sq ft

$359

Year built

1993

Annual property taxes

$8,648.13

HOA

No

Price History

03/19/2025

FGCMLS #225027756

Listed
$725,000
+95.95%
03/28/2019

FGCMLS #219009189

Sold
$370,000
+26.71%
09/30/2002

FGCMLS #80052296

Sold
$292,000

Schools & Community

Elementary school: 

CHOICE

Middle school: 

CHOICE

High school: 

CHOICE

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Apple River State Bank

Loan start date

September 2020

Original loan amount

$292,700

Est. remaining balance

$263,656

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

James N Hodgins Jr and Mary Jean Hodgins

Lender

Apple River State Bank

Loan start date

September 2020

Original loan amount

$292,700

Est. remaining balance

$263,656

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

James N Hodgins Jr and Mary Jean Hodgins

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/19/2025 at 11:30 PM

Listing updated: 03/19/2025 at 6:40 PM

Listed by: Margie Birch, RE/MAX Trend Phone #: (239) 541-1661

MLS: FGCMLS #225027756

FGCMLS logo

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