1310 SE 40th TER, #1A & 1B
Cape Coral, FL 33904
$480,000
Excellent investment or owner occupant opportunity in desirable SE Cape Coral! This well-maintained duplex offers two spacious 2 bedroom, 2 bath units, each with its own screened porch and updated kitchen featuring granite countertops and wood cabinetry. Unit 1A is move-in ready, featuring an additional enclosed bonus/great room, in-unit washer and dryer, and plenty of flexible living space. Unit 1B has a tenant ($1,725/month) with a recently renewed lease through August 31, 2027, providing immediate rental income for the new owner. Both units offer tile flooring throughout, private outdoor areas, and separate living spaces. Conveniently located in SE Cape Coral with easy access to shopping, dining and major roadways. No flood insurance needed. A great opportunity to live in one side while generating income from the other, or add a solid duplex to your investment portfolio!
| Listing ID: | 2026037273 |
|---|---|
| List Price: | $480,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 4 |
| Bathrooms Half: | 0 |
| Living Area: | 2,246 |
| Tax Annual Amount: | $6,250 |
| Lot Size Square Feet: | 10,019 |
| Lot Size Acres: | 0.23 |
| Architectural Style: | Duplex |
| Waterfront?: | No |
| City: | Cape Coral |
| County Or Parish: | Lee |
| Subdivision Name: | Cape Coral |
| Postal Code: | 33904 |
| Year Built: | 1964 |
| Number Of Units Total: | 2 |
| Cooling: | Central Electric |
| Flooring: | Laminate |
| Heating: | Central Electric |
| Lot Features: | Regular |
| Status: | Active |
| State Or Province: | FL |
| Water Source: | Assessment Paid |
| Roof: | Shingle |
| Foundation Details: | Concrete Block |
| Construction Materials: | Concrete Block, Stucco |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.23 |
| Association Amenities: | None |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| MLS Area Major: | CAPE CORAL |
| Patio And Porch Features: | Patio |
| Waterfront Features: | None |
| Parcel Number: | 07-45-24-C2-00313.0050 |
| Pets Allowed: | Yes |
| Structure Type: | Duplex |
| Zoning: | RML |
| Bathrooms Total Integer: | 4 |
| Lease Term: | Buyer Finance/Cash, FHA, VA |
| Original List Price: | $480,000 |
| Building Area Units: | Square Feet |
| Irrigation Source: | Assessment Paid |
| Listing Contract Date: | 2026-08-27 |
| Boat Access: | None |
| Building Desc: | Duplex |
| Building Number: | 1A & 1B |
| Cdom: | 2 |
| Canal Width: | None |
| Community Type: | Non-Gated |
| Dom: | 2 |
| Elevator: | None |
| Golf Type: | No Golf Available |
| Last Change Timestamp: | 2026-09-02T22:18:47.123Z |
| List Price: | $480,000.00 |
| Lot Back: | 80 |
| Lot Frontage: | 80 |
| Lot Left: | 125 |
| Lot Right: | 125 |
| Mls Area Major: | Cc12 - Cape Coral Unit 7-15 |
| Owner Name: | Michael Peiro |
| Status Type: | Resale Property |
| Table: | Residential Income |
| Unit Count: | 1 |
| Tax Year: | 2025 |
| Park Name: | CAPE CORAL |
| Full Baths 1: | 4 |
| Half Baths 1: | 0 |
| Living Area 1: | 2246 |
| Rooms 1: | Family, Great Room, Laundry in Residence, Open Lanai/Porch, Screened Lanai/Porch |
| Actual Rent 1: | 1725 |
| Baths Total 1: | 4 |
| Beds Total 1: | 4 |
| Furnished 1: | Unfurnished |
| Garage Spaces 1: | 8 |
| Full Baths 2: | 4 |
| Half Baths 2: | 0 |
| Living Area 2: | 2246 |
| Rooms 2: | Family, Great Room, Laundry in Residence, Open Lanai/Porch, Screened Lanai/Porch |
| Actual Rent 2: | 1725 |
| Baths Total 2: | 4 |
| Beds Total 2: | 4 |
| Furnished 2: | Unfurnished |
| Garage Spaces 2: | 8 |
| Full Baths 3: | 4 |
| Half Baths 3: | 0 |
| Living Area 3: | 2246 |
| Rooms 3: | Family, Great Room, Laundry in Residence, Open Lanai/Porch, Screened Lanai/Porch |
| Actual Rent 3: | 1725 |
| Baths Total 3: | 4 |
| Beds Total 3: | 4 |
| Furnished 3: | Unfurnished |
| Garage Spaces 3: | 8 |
| Full Baths 4: | 4 |
| Half Baths 4: | 0 |
| Living Area 4: | 2246 |
| Rooms 4: | Great Room, Laundry in Residence, Screened Lanai/Porch |
| Actual Rent 4: | 1725 |
| Baths Total 4: | 4 |
| Beds Total 4: | 4 |
| Furnished 4: | Unfurnished |
| Garage Spaces 4: | 8 |
Listing Courtesy of: Premiere Plus Realty Company
(239) 841-8014
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The data relating to real estate for sale displayed on this Website comes in part from the Broker Reciprocity Program (BR Program) of Naples Area Board of REALTORS®, under License No. NPLSMLS-100139. Properties listed with brokerage firms other than North 2 South Realty International Inc are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples Area Board of REALTORS®. BR Program, or contained in the database compilation of the Naples Area Board of REALTORS®.
Naples Area Board of REALTORS® data last updated on October 15, 2026 03:10 PM - ET
Property Last Updated: October 15, 2026 03:10 PM - ET
