$268,900
3 Bed SingleFamilyResidence for Sale in Cape Coral
217 SE 40th Street, Cape Coral, FL, 33904
About this home
Completely remodeled and move-in ready, this beautifully updated 3-bedroom, 2-bath home offers modern finishes, an open-concept layout, and exceptional indoor-outdoor living in one of Cape Coral’s most desirable neighborhoods. The thoughtfully redesigned interior features luxury vinyl plank flooring throughout, abundant natural light, and an open living and dining area that flows seamlessly into the designer kitchen. The kitchen showcases custom cabinetry, quartz countertops, a large center island, premium LG stainless steel appliances, modern fixtures, and ample workspace, making it ideal for everyday living and entertaining. The spacious primary suite serves as a private retreat with direct access to the lanai and a spa-inspired ensuite bath featuring dual vanities with quartz countertops, a freestanding soaking tub, an oversized walk-in shower with frameless glass enclosure, large-format porcelain tile, rainfall showerhead, and contemporary matte black fixtures. Additional upgrades include: * New architectural shingle roof * Fully remodeled interior * New LG stainless steel kitchen appliances * Luxury vinyl plank flooring throughout * Quartz countertops * Custom cabinetry * Designer lighting and plumbing fixtures * Beautifully updated bathrooms * Fresh interior finishes Enjoy Florida living from the screened lanai overlooking the backyard. The panoramic screen enclosure provides an open, unobstructed feel while creating an inviting space for relaxing or entertaining. Located at 217 SE 40th Street in Southeast Cape Coral, this home offers convenient access to shopping, dining, medical facilities, entertainment, parks, schools, and everything Cape Coral has to offer. Beautifully updated with quality finishes throughout, this move-in-ready home is an outstanding opportunity for buyers seeking style, comfort, and convenience
Property details
- Type
- SingleFamilyResidence
- Year built
- 1969
- Interior
- 1,317 sqft
- Lot size
- 12,545.28 sqft
- Acreage
- 0.29 acres
- Garage
- 1 car
- Days on market
- 35
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,765/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 8 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3822 Palm Tree Boulevard | Dec 2025 | $299,000 | 2/2 | 1,190 | $251 |
| 224 SE 43rd Terrace | Aug 2026 | $275,000 | 3/2 | 1,516 | $181 |
| 4501 SE 1st Avenue | Oct 2025 | $300,000 | 2/2 | 1,123 | $267 |
| 3816 SE 7th Avenue | Sep 2025 | $300,000 | 3/2 | 1,387 | $216 |
| 530 SE 34th Terrace | Apr 2026 | $249,900 | 2/2 | 1,174 | $213 |
| 4549 SE 5th Place 109 | Sep 2025 | $232,500 | 2/2 | 1,256 | $185 |
| Average | 6 comps | $276,067 | $219 |
Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $11,000 (3.9%) from the original list price.
| Aug 21, 2026 | Price reducedfrom $279,900 | $268,900 |
| Jul 17, 2026 | Listed | $279,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- Built 1969 — pre-2002 construction may carry older wind codes and higher insurance
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
Similar homes nearby
$265,000
MLS# 202600118411751 Pasetto Lane 303, Fort Myers, FL, 33908
$239,000
MLS# 20260337871807 SW 2nd Avenue, Cape Coral, FL, 33991
$239,900
MLS# 2026032582502 SE 32nd Street, Cape Coral, FL, 33904
$319,000
MLS# 226028887202 SW 11th Terrace, Cape Coral, FL, 33991
$289,000
MLS# 20260191662658 SW 32nd Street, Cape Coral, FL, 33914
$259,900
MLS# 20260353761822 SW 18th Street, Cape Coral, FL, 33991
Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.