1640 SE 40th Street Experience true Florida waterfront living in this SE Cape Coral property with direct sailboat access, wide canal views, and southern rear exposure. Perfectly positioned on a triple-lot, this exceptional property offers 120 feet of water frontage, dock and boat lift along a 200-foot-wide canal with direct access to the Caloosahatchee River and then a short ride to the Gulf. Designed to capture the beauty of its setting, the home showcases expansive water views and a peaceful natural backdrop, with dolphins frequently seen in the cancel. This 3-bedroom, 3.5 bath residence features a spacious open floor plan designed for seamless indoor-outdoor living. The home also includes a large in-house laundry room. Expansive pocket sliders open fully to the lanai, creating a natural extension of the living space and maximizing the spectacular waterfront views. Outdoors, enjoy a large pool with a dedicated pool bath and generous entertaining areas overlooking the water-perfectly oriented to take advantage of the desirable southern exposure and all-day natural light. Ideally located just a short drive or boat ride to Sanibel Island, Fort Myers Beach, and Pine Island, add to that, plenty of dining and entertainment opportunities nearby, this home delivers the ultimate Southwest Florida coastal lifestyle.