1318 SE 40th Ter., Cape Coral, FL
Multi-family for Sale - $1,695,000 - 7,768 Sq. Ft. on 0.45 acres
Agent Info
| Chase Mayhugh Mayhugh Commercial Advisors |
Property Info
| CIMLS# | 1187499 |
| Location 1318 SE 40th Ter. Cape Coral FL 33904 | |
| Updated | February 10th, 2026 |
| Type | Multi-family |
| Price | $1,695,000 |
| Building | 7,768 Sq. Ft. |
| Land | 0.45 acres |
Property Description
Located at 1318 SE 40th Terrace, this property sits in the heart of Southeast Cape Coral, one of the city’s most established and desirable residential and multifamily submarkets. The area is known for its strong neighborhood appeal, mature landscaping, and proximity to everyday amenities, making it attractive to both long-term residents and renters. Nearby Del Prado Boulevard South serves as a primary commercial corridor, offering convenient access to shopping, dining, medical services, and employment centers.
The location provides excellent connectivity to the broader Southwest Florida region, with quick access to Fort Myers via the Cape Coral Bridge and close proximity to schools, parks, and waterfront recreation. Strong area demographics, consistent rental demand, and limited new multifamily supply in the immediate vicinity further support the long-term stability and investment appeal of this Southeast Cape Coral address.
For More Information, Please Visit Our Website: www.MayhughCommercial.com

