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Open House: Dec 14, 2025, 11:00 AM - 2:00 PM

138 SE 40th ST
CAPE CORAL, FL 33904

$649,999

Beds: 3
Baths: 2
Sq. Ft.: 1,405
Type: House
Listing #2025005397
Welcome home to Palm Paradise! This lovely southern rear exposure gulf access home is all about the indoor outdoor lifestyle & optimal functionality! When you walk in the front door, your eyes are immediately drawn to the large back patio & beautiful water views! This move in ready home is an open concept w/ crown molding, wood cabinetry, granite counters, stainless steel appliances & a modern tile backsplash. Newer roof, brand NEW smart Air conditioner, impact windows, new paint. The updated bathrooms have granite counters, wood cabinetry & a shiplap wall. The large glass sliders double your living space. A screened in patio is almost the full length of the home with plenty of seating sections, outdoor lighting, tropical decor, a large TV, & salt water heated pool. The perfect place to entertain family & friends and enjoy the warm weather. You are expected to host all birthdays, holidays, & football parties in this home. Dolphins & manatees have been seen from the dock, and plenty of fish to catch, with a cleaning station for your next catch of the day! The oversized garage is currently being used as a kids playroom with air conditioning! Another section is the laundry area, second refrigerator, wood cabinets, shelves, and a large space for garden supplies & tools. The second refrigerator helps on holidays when extra food is needed. No playroom needed? It is an easy conversion back to an oversized garage. The outside was freshened up with new tropical plants. This home is meticulously maintained and cleaned by professionals for years! Move in ready, relax poolside w/ friends & family. Take a boat ride to the Gulf of America, come home & wash your sandy toes in the outdoor shower near the large privacy plants! This home is a successful vacation home when not being used by the wonderful homeowners. This home is truly loved & it shows! No work needed here, ALL IS DONE! Assessments in and paid for in full!
Property Features
Location Information
County: Lee
Development: CAPE CORAL
MLS Area: CC12 - Cape Coral Unit 7-15
Community: No Subdivision
Latitude: 26.577664
Longitude: -81.971691
Subdivision: CAPE CORAL
Interior Features
Rooms: Great Room, Laundry in Garage, Screened Lanai/Porch
Interior: Built-In Cabinets, Foyer, Smoke Detectors, Walk-In Closet(s), Window Coverings
Dining Room Description: Dining - Living, Eat-in Kitchen
Kitchen Description: Island
Heating: Central Electric
Cooling: Ceiling Fan(s), Central Electric
Floors: Tile
Total Number of Units: 1
Windows/Doors Description: Window Coverings
Exterior Features
Style: 1 Story/Ranch, Florida, Traditional
Gulf Access Type: Bridge(s)/Water Indirect
Stories: 1
Construction: Concrete Block, Stucco
Exterior: Boat Dock Private, Captain's Walk, Dock Included, Elec Avail at dock, Water Avail at Dock, Wooden Dock, Screened Lanai/Porch, Outdoor Shower
Roof: Shingle
Garage Description: 1, Driveway Paved, Attached
Irrigation: Assessment Paid, Central
Pool Description: Below Ground, Equipment Stays, Electric Heat, Salt Water, Screen Enclosure
Lot Description: Cul-De-Sac
Lot Size in Acres: 0.231
Storm Protection: Impact Resistant Windows, Shutters - Manual
Gulf Access: Yes
Rear Exposure: S
Road Description: Paved
Waterfront Description: Canal Front, Seawall
View Description: Canal, Intersecting Canal, Landscaped Area
Is One Story: Yes
School
Elementary School: SCHOOL CHOICE
Middle School: SCHOOL CHOICE
High School: SCHOOL CHOICE
Additional Information
Property Type: SFR
Property SubType: Single Family
Building Design: Single Family
Year Built: 1965
Status: Active
Restrictions: None
Pets: Yes
Boat Access: Boat Dock Private, Captain's Walk, Dock Included, Elec Avail at dock, Water Avail at Dock, Wooden Dock
Amenities: None
Maintenance: None
Tax Year: 2024
Tax Amount: $6,532.8
Original List Price: 665000


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of: SellState Excelsior Realty Co-listing agent:
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Southwest Florida data last updated at December 14, 2025, 9:16 AM ET