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Bean Group
Offered at $550,000Active
beds
3
baths
2
sq ft
1,405
Built
1965

138 SE 40th Street

Cape Coral, FL 33904

About this home

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.

Listing last checked: Listing updated:

Listed by Jessica May · SellState Excelsior Realty · MLS #2025005397

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile
Building4 property facts
Style
Single Family Residence
Year built
1965
Garage
1
Roof
Shingle
Land & utilities4 property facts
Lot size
0.231 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$6,533
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $550,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,325 / monthAdjust
Principal & interest
$2,781
Property tax
$544
Insurance
Not entered
HOA
$0

Listing annual taxes: $6,533. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $550,000 · Sold $560,000 · Nov 9, 2021

  2. Sld

    $364,000 · Sold $355,000 · Jul 31, 2018

  3. Sld

    $269,900 · Sold $247,775 · Nov 20, 2017

  4. Sld

    $199,900 · Sold $180,000 · Aug 27, 2009

More property insights

Comparable properties 3 supplied

Sold Sep 14, 2026

$515,000

101 SE 41st Terrace

Sold Sep 7, 2026

$525,000

5330 Cobalt Court

Sold Sep 17, 2026

$505,000

5336 Cortez Court

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About 138 SE 40th Street

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Request a tour of 138 SE 40th Street and a Bean Group agent will help coordinate an available time with the listing side.

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