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$259,999

1331 NW 40th Place Cape Coral, FL 33993 Land - Residential Active

  • 1331 NW 40th Place, Cape Coral, FL 33993 Main Photo

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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 to develop.Waterfront lots with canal access, strong growth fundamentals, and aggressive pricing are becoming increasingly difficult to find in Cape Coral. Whether you're a builder, investor, or future homeowner looking to secure property in one of Southwest Florida's most active growth markets, this property presents a compelling opportunity with strong long-term potential.Seller is requesting highest and best offers by 03/20/2026. Priced aggressively - serious buyers should act quickly.

Property Highlights

Property Type: Land - Residential
Lot Size: 0.31 Acres
Taxes: $3,084

General Information

County: Lee
Subdivision: CAPE CORAL
Listed By:
Harrison Wilfley RICHARD PETERS REALTY LLC 352-448-9712

Property Features

Days on Site: 3
Directions: Take I-75 N and Burnt Store Rd to NW 12th St in Cape CoralTake NW 40th Pl to your destination
Flood Zone Code: X500
Home Warranty Y/N: No
Lot: Cleared, Cul-De-Sac
Lot Dimensions: 0.31
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Septic Tank
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Other, Public, Sprinkler Well, Underground Utilities, Water Available
Water: Public
Water Access Y/N: No
Zoning: R1-W
$259,999
New to the Market Active
LOT SIZE 0.310 acres MLS#TB8484678
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONCAPE CORAL

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1331 NW 40th Place, Cape Coral, FL 33993.

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Estimated Payment

$ 1,209.77 per month $876.94 Principal & Interest $257.00 Property Tax $75.83 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/14/2026. The listing information on this page last changed on 03/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/14/2026 12:17:10 AM EST) or Stellar MLS (last updated Fri 03/13/2026 11:59:09 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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