For sale Home

Listed Aug 22, 2025

$550,000 Est. $3,638/mo

138 Southeast 40th Street

  • 3

    Beds

  • 2

    Baths

  • 1,405

    Sq ft

The story

  • Pool
  • Waterfront

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.

Facts & features

Home type

Home

Year built

1965

Floors

1

Price per sq ft

$391

Parking

1-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Heating

    Central, Electric

  • Appliances

    Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer

  • Flooring

    Tile

  • Roof

    Shingle

  • Lot Information

    Cul De Sac, Sprinklers Automatic

  • Exterior

    Irrigation Sprinklers, Outdoor Shower, Patio, Shutters Manual

  • Water Source

    Assessment Paid, Public

  • Sewer

    Assessment Paid, Public Sewer

Mortgage calculator

Estimated monthly payment

$3,638 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,927
  • Property tax $550
  • Insurance $160

Includes principal, interest, taxes & insurance.

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Listing Broker

SellState Excelsior Realty

Broker Name

SellState Excelsior Realty

Agent

Jessica May