REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 249,999
Est. payment /mo
Active
1331 NW 40TH PL Cape Coral, FL 33993
0.31 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID TB8484678
HOA Y/N No
Annual Tax Amount $3,084
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 48 × 113 × 190 × 97
Property Sub-Type Residential
Source Stellar MLS
Property Description
Seller reserves the right to accept an offer prior to the deadline.
Rare opportunity to secure a canal-front lot with 80 feet of waterfront and a concrete seawall already in place in one of Cape Coral's fastest-growing areas. Competitively priced, this property offers strong upside for investors, builders, or buyers looking to secure waterfront land in a market experiencing continued population growth and development across Southwest Florida.
Situated on a quiet residential street in Northwest Cape Coral, the property is surrounded by established homes and steady new construction throughout the neighborhood. The lot offers direct canal frontage with access to the Gulf waterway system (buyer to verify), creating a peaceful setting with long-term value tied to true waterfront usability. The existing seawall eliminates a major upfront cost and allows a future build to move forward more efficiently.
Cape Coral continues to attract buyers from across the country due to its waterfront lifestyle, warm year-round climate, favorable tax environment, and proximity to Fort Myers, Gulf beaches, boating, fishing, and outdoor recreation. Ongoing infrastructure expansion and commercial development — including growth along Pine Island Road — continues to bring new retail, restaurants, services, and employment opportunities.
With no HOA and no rental restrictions (buyer to verify), this property offers flexibility whether you're planning to build a personal residence, develop a spec home, or hold as a long-term investment while the surrounding area continues to develop.
Waterfront lots with canal frontage, existing seawalls, and strong growth fundamentals are becoming increasingly limited in this area. When compared to higher-priced competing properties, this offering is positioned to stand out and attract strong buyer interest.
Seller is requesting highest and best offers by 04/10/2026.
Rare opportunity to secure a canal-front lot with 80 feet of waterfront and a concrete seawall already in place in one of Cape Coral's fastest-growing areas. Competitively priced, this property offers strong upside for investors, builders, or buyers looking to secure waterfront land in a market experiencing continued population growth and development across Southwest Florida.
Situated on a quiet residential street in Northwest Cape Coral, the property is surrounded by established homes and steady new construction throughout the neighborhood. The lot offers direct canal frontage with access to the Gulf waterway system (buyer to verify), creating a peaceful setting with long-term value tied to true waterfront usability. The existing seawall eliminates a major upfront cost and allows a future build to move forward more efficiently.
Cape Coral continues to attract buyers from across the country due to its waterfront lifestyle, warm year-round climate, favorable tax environment, and proximity to Fort Myers, Gulf beaches, boating, fishing, and outdoor recreation. Ongoing infrastructure expansion and commercial development — including growth along Pine Island Road — continues to bring new retail, restaurants, services, and employment opportunities.
With no HOA and no rental restrictions (buyer to verify), this property offers flexibility whether you're planning to build a personal residence, develop a spec home, or hold as a long-term investment while the surrounding area continues to develop.
Waterfront lots with canal frontage, existing seawalls, and strong growth fundamentals are becoming increasingly limited in this area. When compared to higher-priced competing properties, this offering is positioned to stand out and attract strong buyer interest.
Seller is requesting highest and best offers by 04/10/2026.
Location
State FL
County Lee
Community Cape Coral
Area 33993 - Cape Coral
Zoning R1-W
Exterior
Utilities Available Other, Public, Sprinkler Well, Underground Utilities, Water Available
Waterfront Description Canal - Saltwater
View Y/N Yes
Water Access Yes
Water Access Desc Canal - Saltwater
Building
Lot Description Cleared, Cul-De-Sac
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Harrison Wilfley RICHARD PETERS REALTY LLC