# 1506 NW 40th Place, Cape Coral, FL 33993

> **TL;DR:** 4bd/3ba single family, $1,225,000 ($424/sqft), built 2020, 2,887 sqft.
> Pool, Spa, Waterfront, A/C. Est. $5,308/mo. Listed 94 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,225,000 |
| Price/sqft | $424 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 2,887 |
| Year Built | 2020 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 94 |

## Why This Home Stands Out

- **Pool** - Porch
- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,308 |
| **Total** | **$5,308** |

## Key Amenities

- Pool
- Spa
- Waterfront
- A/C

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 1506 NW 40th Place, Cape Coral, FL 33993
- **County:** Lee
- **Neighborhood:** CAPE CORAL
- **Coordinates:** 26.680355, -82.056943
- **Google Maps:** https://www.google.com/maps?q=26.680355,-82.056943

## Listing Agent

- **Name:** Ariel Burnham
- **Brokerage:** Compass Florida, LLC
- **Phone:** 2394708403
- **Email:** Ariel.Burnham@compass.com

## Primary Photo

![1506 NW 40th Place - Primary Photo](http://lh.rdcpix.com/cc143bc53b2a1be8c58713e045f74b7al-f3840787227r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/1506-nw-40th-place-cape-coral-fl-33993-26000840)*

---

**MLS#:** 2026000840 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1506-nw-40th-place-cape-coral-fl-33993-26000840)

---

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