Single Family Residence
$550,000
▼ $25,000 (4%)3
Beds
2
Baths
1,405
Sqft
Est. $3,427/mo · Get pre-qualified
Old Florida charmer w/character & today's updates! This home has all the function of new construction but with character and charm that is missing from new construction. Gulf access with a large wrap around dock & room for a large boat, it's a straight shot to the river. This move in ready home is concrete block construction build, an open concept, split floorplan, w/crown molding, wood cabinetry, granite counters, stainless steel appliances & a modern tile backsplash. Newer roof, New Pool Liner 2026, brand NEW smart Air conditioner, impact windows, new paint inside & out. The updated bathrooms have granite counters, wood cabinetry & a shiplap wall. Plenty of closets for storage & an extended garage. The large impact sliders open to an under truss lanai that doubles your living space. Outdoor living at it's best! There is so much to do in your back yard! Fishing, boating, swimming, sunning, garden, cookouts, outdoor shower, outdoor TV, simply laying in your hammock & enjoying the peaceful quiet area or float on your raft & read a good book. The perfect place to relax alone or to entertain friends and enjoy the tropical weather. Dolphins & manatees have been seen from the dock. Explore the neighborhood waters by kayak, and see for yourself. By car there are at least 3 grocery stores within 3 minutes, 7 minutes to downtown Cape & some of the best dining in southwest Florida. Within 30 minutes to the BEST BEACHES in all of Southwest Florida! Sanibel & Captiva Islands, Ft. Myers Beach, Lover's Key beach, the list goes on. After your beach day wash your sandy toes in the outdoor shower near the large privacy plants! This home is meticulously maintained and cleaned by professionals for years! Move in ready, this home is truly loved & it shows! No work needed here, ALL IS DONE! Assessments in and paid for in full! Agents read remarks regarding show times/days.
399 days on market · Listing updated September 18, 2026
| Date | Event | Price |
|---|---|---|
| Sep 18, 2026 | Price change | $550,000 |
| Aug 22, 2025 | Original list price | $665,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Jessica May, SellState Excelsior Realty
$550,000
138 SE 40th ST, CAPE CORAL
$3,427
est. monthly payment
Estimate only — actual payment depends on your lender, credit profile, and final loan terms.
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.