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About This Home

This 4-bedroom, 3-bathroom single family at 1506 NW 40th Place in Cape Coral, FL is listed for $1,225,000 ($424 per sqft). Built in 2020, the home offers 2,887 sqft of living space on a 0.23 acres lot.

Agent Description

Welcome to 1506 NW 40th Place, a waterfront residence featuring the custom Marsala floor plan by Frey & Son Homes, ideally positioned on a direct sailboat-access canal with no bridges in Cape Coral. The inspection has been completed, with all items fully addressed, making this home truly move-in ready.

The home does not currently have a dock; however, the seller is offering a credit at closing with an acceptable offer, allowing the next owner to design and build a private dock tailored to their lifestyle. Offering nearly 4,000 total square feet, this 4-bedroom, 3-full-bath home includes an oversized garage, a dedicated full pool bath, and a custom saltwater heated pool and spa designed for effortless indoor-outdoor living.

The outdoor kitchen space is already plumbed and ready for installation, allowing for easy customization. The home is centered around an expansive statement island and a sleek, modern layout, highlighted by hidden in-cabinet kitchen outlets that maintain clean lines throughout.

Notable upgrades include a new full-home reverse osmosis system, one large electric roll-down screen for shaded outdoor comfort, and a full-home Generac generator powered by a 240-gallon propane tank for added reliability and peace of mind. The primary suite features an electric shade providing adjustable light control and privacy, adding another layer of comfort and convenience.

Set along an approximately 200-foot-wide canal, the property offers expansive water views and seamless boating access. Located within walking distance of the new Tropicana Park, soon to feature a beach, kayak launch, playground, green space, and additional recreational amenities. A polished, thoughtfully upgraded waterfront home in one of Cape Coral's most desirable locations.

Key Features

  • Built in 2020
  • 0.23 acre lot
  • Private pool
  • Waterfront

Property Details

1 story
3 full
2020

Amenities

PoolWaterfrontSpaA/C

Monthly Cost Estimate

$6,552/mo

20% down · 6.5% · 30 years

Principal$886
Interest$5,308
Insurance$357

Estimates only. Actual payments may vary.

Location

1506 NW 40th Place

Cape Coral, FL 33993

CAPE CORAL

Features & Amenities

Interior Features

AtticBedroomOnMainLevelBathtubCofferedCeilingsDualSinksEatInKitchenFamilyDiningRoomFrenchDoorsAtriumDoorsKitchenIslandLivingDiningRoomMultipleShowerHeadsCustomMirrorsMainLevelPrimaryPantryPullDownAtticStairsSeparateShowerWalkInClosetsSplitBedrooms

Exterior Features

SecurityHighImpactDoorsSprinklerIrrigation

Property Details

Flooring

Concrete

Construction

Block Concrete Stucco

Pool Features

Porch

Parking

DrivewayGarageOpen

Heating

Electric (Heating)Central

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

BuiltInOvenDoubleOvenDryerDishwasherElectricCooktopFreezerDisposalMicrowaveRefrigeratorWaterPurifierWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 1506 NW 40th Place is listed at $1,225,000 ($424/sqft). The estimated monthly payment is $5,308 based on 20% down at 6.5% interest.

Key features include: Built in 2020, 0.23 acre lot, Private pool, Waterfront. Interior Features: Attic, BedroomOnMainLevel, Bathtub. Exterior Features: SecurityHighImpactDoors, SprinklerIrrigation.

This property is listed by Ariel Burnham and can be reached at 2394708403 or Ariel.Burnham@compass.com.

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AB

Ariel Burnham

Agent at Compass Florida, LLC

(239) 470-8403

Listed by Compass Florida, LLC

MLS# 2026000840· Source: listhub· Updated 94 days ago

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1506 NW 40th Place, Cape Coral, FL 33993

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