$249,999

$10,000
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Overview

0.31 acres

Property Description

<HIGHEST & BEST BY 04/10/2026> Seller reserves the right to accept an offer prior to the deadline. Rare opportunity to secure a canal-front lot with 80 feet of waterfront and a concrete seawall already in place in one of Cape Coral’s fastest-growing areas. Competitively priced, this property offers strong upside for investors, builders, or buyers looking to secure waterfront land in a market experiencing continued population growth and 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 canal frontage with access to the Gulf waterway system (buyer to verify), creating a peaceful setting with long-term value tied to true waterfront usability. The existing seawall eliminates a major upfront cost and allows a future build to move forward more efficiently. Cape Coral continues to attract buyers from across the country due to its waterfront lifestyle, warm year-round climate, favorable tax environment, and proximity to Fort Myers, Gulf beaches, boating, fishing, and outdoor recreation. Ongoing infrastructure expansion and commercial development — including growth along Pine Island Road — continues to bring new retail, restaurants, services, and employment opportunities. With no HOA and no rental restrictions (buyer to verify), this property offers flexibility whether you're planning to build a personal residence, develop a spec home, or hold as a long-term investment while the surrounding area continues to develop. Waterfront lots with canal frontage, existing seawalls, and strong growth fundamentals are becoming increasingly limited in this area. When compared to higher-priced competing properties, this offering is positioned to stand out and attract strong buyer interest. Seller is requesting highest and best offers by 04/10/2026.

Property Details

MLS#

TB8484678

Address

1331 40TH NW

City

Cape Coral

State/county

FL

Zip/Postal Code

33993

Area

Cape Coral

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,084

Maint Fee

$--

Tax Year

2025

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Boris Gelfand