1911 SE 40th TER, Cape Coral, FL, 33904 | $219,900

Direct deepwater/sailboat Gulf access condominium! Conveniently located in South Cape Coral, Villa Lisa offers the perfect blend of navigable waterfront living and close proximity to some of the area’s best dining, entertainment, and outdoor activities. This 2-bedroom, 2-bathroom 1st floor end-unit provides direct Gulf access via the Caloosahatchee River, making it ideal for boating enthusiasts, while also being just minutes away from vibrant local hotspots. Enjoy the peace of mind of a new metal roof recently installed plus the added benefit of a covered deeded carport and separate 5 x 8 ft. private storage unit. Villa Lisa Condo sits along the 200 ft. wide Plato Canal and features just 4 buildings consisting of 4 units each with a central community pool, community boat docks & kayak launch for exploring the waterways. Steps from your door, you'll find Jaycee Park, a nearly 12-acre waterfront public park currently undergoing a major renovation and is set for completion later this year. The park’s scenic location along the Caloosahatchee River makes it a popular spot for kayaking, paddleboarding, and fishing. The $16–$18 million project includes a new bandshell, food truck court, bistro, new playgrounds, splash pad, covered pavilions, and a boardwalk. A designated concession area, "The Reef, " will serve food, beverages, and alcohol within a specific zone. These upgrades aim to transform the park into a vibrant community hub. Cape Coral also boasts a dynamic arts and entertainment scene. The Cultural Park Theatre showcases an array of performances, from classic plays to high-energy musicals, while concerts and live events are regularly hosted at venues throughout the city, including Cape Coral’s new amphitheater. Additional area amenities include upscale shopping, dining and live music events at Cape Harbour, as well as, the Cape Coral Farmers Market which is held every Saturday. Outdoor enthusiasts will find endless opportunities for recreation nearby. For those looking to explore nature further, the Four Mile Cove Ecological Preserve offers a 1. 2-mile loop trail through mangroves, perfect for birdwatching and peaceful nature walks. Families can enjoy thrilling water slides and lazy river rides at SunSplash Water Park, while adventurers can take a boat trip to Cayo Costa State Park, home to pristine beaches and lush hiking trails. Whether you’re looking for boating access, waterfront tranquility, or a vibrant social scene, Villa Lisa Condominium puts you right in the heart of it all. This is more than just a home—it’s a gateway to the best that Cape Coral has to offer.

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned,Covered,Deeded,Driveway Paved,Guest
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: Community Boat Dock,Community Gulf Boat Access,Community Pool,See Remarks
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: VILLA LISA CONDO
  • Development: VILLA LISA CONDO
  • Year Built: 1974
  • Approx Sq. Feet: 1,186
  • Est. Taxes: $4,509
  • Condo Fee: $2,370 Quarterly
  • Lot Desc: Cul-De-Sac,Dead End,Other,Regular
  • View: Canal,Intersecting Canal,Partial Bay,River,Water
  • Community Type: Boating,Non-Gated
  • Water Front: Yes
  • Boat Access: Captain's Walk,Composite Dock,Dock Lease,Elec Avail at dock,Hoist/Davit,Water Avail at Dock,Wooden Dock
  • Pet Policy: Limits
  • MLS#: 225018963
  • Website: https://www.raveis.com
    /prop/225018963/1911se40thter_capecoral_fl?source=qrflyer
Copyright © 2025  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Daane Properties LLC

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1911 SE 40th TER, Cape Coral, FL, 33904

$219,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $175,920 $175,920 $175,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.050% 6.132%
Monthly Tax Payment $376 $376 $376
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,098 $1,156 $1,473
Total Monthly Payment $1,549 $1,607 $1,924

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.