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241 SW 40TH STREET

Lots/Land For Sale
$185,000

BTC: 2.89062500

ETH: 105.95647194

128 days
Waterfront
0 room(s)

Overview

GULF ACCESS LOT IN DESIRABLE PELICAN NEIGHBORHOOD! Build your dream home on this prime single-family Gulf access lot located at 241 SW 40th St in the Pelican neighborhood of Cape Coral. This well-established area is known for beautiful homes, quiet streets, and excellent access to boating, recreation, and everyday conveniences. The property is on a Gulf Access Canal, making it ideal for boating, kayaking, and fishing right from your backyard. The lot is cleared, level, and ready to build. Water and Sewer are in, and all city assessments paid. A significant savings and a major advantage for buyers planning to build. A standout feature of this location is the soccer field and park directly across the street, providing open views and easy access to outdoor recreation without sacrificing privacy. Whether you enjoy morning walks, youth sports, or green space at your doorstep, this setting offers a rare combination of waterfront living and neighborhood amenities. Zoned single-family residential, with no HOA, this property offers flexibility for a primary residence, seasonal home, or future investment. Conveniently located near shopping, dining, schools, and everything SW Cape Coral has to offer, this is an excellent opportunity to secure a Gulf access lot in one of the city’s most desirable neighborhoods. Don’t miss this chance to build your Florida waterfront lifestyle in Pelican.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.23 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$95,000
$63K – $277K
Confidence Low
List vs. estimate
$90K above estimate
List $185,000 · +94.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
170 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,317
2025
View
Water
Waterfront
Canal - Saltwater
All facts and features
  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 114523C201624.0160

    • Zoning: R1-W

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Public

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $2,317

  • Source details

    • MLS ID: C7520792

    Other facts

    • Lot Features: Cleared / Level

    • Direction Faces: South

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 80 x 125

    • Subdivision Name: CAPE CORAL

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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 SELLING PARADISE