241 SW 40th St, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot10,019 sqft

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

241 SW 40th St is a home in Cape Coral, Cape Coral. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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!

The essentials

On market
64 days
Annual tax
$2,317
Flood zone
AE
Lot
10,019 sqft
Type
Land

At a glance

Land
Waterfront
Canal - Saltwater
10,019 sqft lot
Lot size

Payment

Est. monthly payment
$1,251/mo
Down payment (20%)
$37,000
Property taxes
$193/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
10,019 sqft
Cooling
-
Heating
-
Parking
-
Waterfront
Canal - Saltwater
Days on Market
64
Flood Zone AE
Annual Tax (2025)
$2,317
Parcel #
11-45-23-C2-01624.0160

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Cape Coral
County
Lee
MLS Area
33914 - Cape Coral
Lot Size
10,019 sqft
ClearedLevel

Price history

Date
Event
Price
8/9/2026
Listed for sale
Source: Stellar MLS #C7529256
$185,000

Neighborhood

241 SW 40th St
Cape Coral, FL, 33914 · 33914 - Cape Coral

Calculator

Est. monthly payment
$1,250/mo
Principal & interest$965
Property taxes$193
Insurance$93
Down payment20% · $37,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$185,000

Time on market

64 days

Monthly payment

About $1,251/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,317 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Have another question?

Brokered byCENTURY 21 SELLING PARADISEListing agent: Christine BlassesListing data from Stellar MLS, MLS# C7529256.

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