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241 SW 40TH STREET

Lots/Land For Sale
$185,000

BTC: 2.41830065

ETH: 77.08333333

10 days
Waterfront
0 room(s)

Overview

GULF ACCESS LOT IN PELICAN NEIGHBORHOOD | CITY WATER & SEWER | NO HOA Build your dream home in one of Cape Coral’s most desirable areas! This cleared and level single-family Gulf access lot at 241 SW 40th Street is located in the established Pelican neighborhood, surrounded by beautiful homes and peaceful streets. Enjoy the Southwest Florida lifestyle with a Gulf access canal right in your backyard, allowing you to kayak, fish, or enjoy boating from home. The lot is ready for construction, with city water and sewer already in place and all assessments paid—a significant savings for the future homeowner. Another great feature is the soccer field and park directly across the street, giving you open views and easy access to green space and recreation. Whether you enjoy taking a morning walk, watching a game, or simply having a park nearby, this is a location that offers something a little extra. With single-family residential zoning and no HOA, you have the flexibility to build a full-time residence, seasonal getaway, or investment property. Conveniently located near shopping, dining, schools, parks, and everything Southwest Cape Coral has to offer, this is a fantastic opportunity to build your own waterfront home in the Pelican area. Cleared lot. Gulf access. City water & sewer. Assessments paid. No HOA. Park across the street. Bring your plans and start building the Florida waterfront home you've been dreaming about!

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
$94,900
$63K – $277K
Confidence Low
List vs. estimate
$90K above estimate
List $185,000 · +94.9%
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: C7529256

    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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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