$259,999 for Sale
1331 nw 40th place , cape coral, FL 33993
Property Description
Seller reserves the right to accept an offer prior to the deadline. Rare opportunity to secure a waterfront lot in one of Cape Coral’s fastest-growing areas, where continued residential expansion and new commercial development are contributing to strong demand and ongoing growth. Priced aggressively, this freshwater canal property offers exceptional upside for investors, builders, or buyers looking to secure land in a market experiencing significant population growth and continued 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 freshwater canal frontage, creating a peaceful setting with beautiful water views and an excellent opportunity to design and build a custom home centered around outdoor living and the Southwest Florida waterfront lifestyle. Cape Coral continues to attract buyers from across the country due to its affordable waterfront living, warm year-round climate, favorable tax environment, and proximity to Fort Myers, Gulf beaches, boating, fishing, and outdoor recreation. With strong migration into Southwest Florida and continued development throughout the city, the area remains highly desirable for both homeowners and investors. Several infrastructure improvements and expanding commercial corridors are helping support this growth. Ongoing development across the region is bringing additional retail, restaurants, services, and employment opportunities, while continued residential construction throughout Northwest Cape Coral highlights the area’s strong demand for new housing. With no HOA and no rental restrictions (buyer to verify), this property offers maximum flexibility whether you're planning to build a personal residence, construct a spec home, or hold as a long-term investment while the surrounding area continues t
General Information
Sale Price: $259,999
Price/SqFt:
Status: Active
MLS#: TB8484678
City: cape coral
Post Office: cape coral
County: Lee
Subdivision: cape coral
Acres: 0.31
Lot Dimensions: 48 × 113 × 190 × 97
Size:
Acreage: 0.31 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $3,084
Legal Description: CAPE CORAL UNIT 81 BLK 5228 PB 24 PG 110 LOT 57
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Harrison Wilfley of RICHARD PETERS REALTY LLC, Phone: 352-448-9712
