Sands REPM

1318 SE 40th TER photos

Multi-unit property featuring two two-story buildings, a central swimming pool, and a fenced pool deck
Community featuring two multi-story buildings, a central swimming pool, and a dedicated parking lot
Multi-building property featuring two two-story structures with pitched roofs and exterior staircases
Centrally located swimming pool surrounded by a paved deck and privacy fencing
Compact bathroom featuring a white vanity with integrated sink, rectangular mirror, and an overhead vanity light
Compact full bathroom featuring a white toilet, integrated shower stall, and light-toned tile flooring
1318 SE 40th TER photo 7
Spacious room with light-toned tiled flooring, a ceiling fan with integrated lighting, a window with horizontal blinds, and a double-door closet with shelving
Kitchen featuring wood-finish cabinetry, dark speckled countertops, and a double basin stainless steel sink
Kitchen featuring wood-finish cabinetry, black countertops, and a full suite of white appliances including a side-by-side refrigerator, electric range, and stainless steel microwave
Kitchen countertop featuring a dark speckled surface, wood-finish cabinetry, and silver hardware
Screened patio with a smooth dark gray floor and textured tan ceiling
Dedicated laundry area featuring tile flooring, built-in wire shelving, and a window for natural light
1318 SE 40th TER photo 14
Spacious room featuring light-toned tile flooring, neutral wall paint, and a ceiling fan with integrated lighting
White tub and shower combination with subway tile surround
Bathroom featuring a light wood-finish vanity with a dark countertop and an integrated sink, a large mirror, a privacy window, and tiled flooring
Neutral-toned ceramic tile flooring extending throughout the space
1318 SE 40th TER photo 19
Utility space featuring a surface-mounted ceiling light, white wire shelving, a single wire hanging rod, and gray square floor tiles
Bathroom featuring a single vanity with an integrated sink and dark stone-look countertop, a standard toilet, and a tiled shower stall
Bathroom featuring a white vanity with an undermount sink, granite-finish countertop, and a tiled shower enclosure
Spacious room featuring neutral tile flooring, light-colored walls, and a window with blinds
Bathroom featuring a tiled shower stall with a low threshold, a white toilet, and a vanity with a gray stone-finish countertop
Bright interior space featuring tiled flooring, a window with blinds, and a ceiling fan
Tiled entryway opening to a living area with wood-finish flooring and a ceiling fan
Bright kitchen featuring light wood-finish cabinetry, dark countertops, a double stainless steel sink, and a white electric range with a stainless steel microwave
Kitchen featuring blonde wood-finish cabinetry, dark speckled countertops, and ceramic tile flooring
Kitchen featuring light wood-finish cabinetry, dark countertops, and tile flooring
U-shaped kitchen featuring light wood-finish cabinetry, dark speckled countertops, and tile flooring
1318 SE 40th TER photo 31
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1318 SE 40th TER, CAPE CORAL

Commercial Sale

Active

$1,590,000

Est. $8,963/mo · Get pre-qualified

Home Type: Commercial SaleYear Built: 1984Lot Size: 0.459 acres

8 PLEX W/POOL * GREAT LOCATION / DOWNTOWN CAPE CORAL * 3 BUILDINGS * (2) BUILDINGS W/ (4) UNITS EACH * ADDITIONAL STORAGE BUILDING & POOL IN COURTYARD * ROOF 2018 * BUILDING PAINTED 2022 * MOST UNITS HAVE BEEN REMODELED * ALL UNITS INCLUDE: WASHER /DRYER * STOVE * REFRIGERATOR * MICROWAVE * DISHWASHER * ALL TILE * WINDOW COVERINGS * INSIDE LAUNDRY ROOM & SCREENED BALCONY (UPSTAIRS) OR LANAI (DOWNSTAIRS) * NO ELEVATOR

87 days on market · Listing updated August 5, 2026

Location

Facts & Features

Heating:
central
Utilities:
Electricity Available, Water Available
Waterfront:
None
Zoning:
RML
Annual Taxes:
$13,270
Inclusions:
Fixtures,Other See Remarks,Building And Land

Price History

DateEventPrice
Jun 3, 2026Original list price$1,590,000

Reflects listing data on file, not a complete transaction history.

Listed by Lisa Maglione-Chenault, A & J Consulting Inc.

Co-listed by Angela Wilkinson, A & J Consulting Inc.

$1,590,000

1318 SE 40th TER, CAPE CORAL

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$8,963

est. monthly payment

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The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. 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 Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.