1333 SE 40th Terrace 2A $5, 000 credit at closing plus a future boat slip dedicated to the unit, with the assessment already paid in full, set this second-floor end unit apart in a well-maintained 55+ Gulf access community just minutes from downtown Cape Coral. This spacious condo is being sold partially furnished and includes a one-car garage conveniently located just steps from the front entrance. Positioned on the second floor, it offers added peace of mind along with end-unit privacy and abundant natural light throughout. The interior features an open living and dining area that flows seamlessly to a screened or enclosed lanai overlooking the canal. The kitchen is well laid out with ample cabinet storage, a pantry, a window over the sink, and a full set of appliances. The guest bedroom includes a space-saving Murphy bed, a generous closet, and access to a private guest bathroom. The primary suite is positioned along the canal and offers direct lanai access, a walk-in closet, and an ensuite bathroom with a large walk-in shower. A separate laundry room provides a full-size washer and dryer along with additional storage. Significant updates have already been completed, including impact-resistant windows, a new roof, 2020 HVAC system with updated ductwork, 2020 plumbing, a 2020 electrical panel, fresh interior paint, and new light fixtures throughout. The planned community dock and boat slips add future Gulf access value, with the assessment fully paid by the seller. Combined with the $5, 000 closing credit, this property presents an excellent option for both seasonal and year-round living.