1046 NE 40th Ter, Cape Coral, FL 33909 - Photo 1

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$55,000

For Sale
Active
Residential Lots
0.244 Acres

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Property Description

Prime vacant lot located in a growing community, offering an excellent opportunity to build a custom home or investment property, this property provides a versatile canvas to bring your vision to life.

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Full Property Details

Full Property Details for 1046 NE 40th Terrace

General

Price: $55,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026004914
Updated: 2/4/2026
Added to Site: 30 day(s) ago

Additional Information

Shared Amenities: None, Non-Gated

Location

Area: CC32 - Cape Coral Unit 84-88
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: Southeast

Community

Assoc. Fees Include: None
Management Type: None

Utilities

Sewer: None
Water: None
Utility Description: None

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Single Family

Lot Features

Property View: None/Other
Lot Size (Acres): 0.244
Lot Size (Sq. Ft.): 10,628
Lot Size Source: Property Appraiser Office
Lot Dimensions: 85 x 85 x 125 x 125
Frontage: Public Road
Frontage Feet: 85
Irrigation System: None
Lot Features: Regular
Zoning: R1-D
Lot Description: Regular

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $225,409
Tax Year: 2025
Terms: Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 87 BLK 5709 PB 24 PG 75 LOTS 13 + 14
Property ID: 18-43-24-C4-05709.0130
Section: 18
Block: 5709
Lot Number: 13

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Schools

Schools serving 1046 NE 40th Terrace

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	3.2 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	3.3 mi
North Fort Myers Academy For The Arts 1856 Arts Way, North Fort Myers, FL 33917	6-8	4.5 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	3.2 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	6.1 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	1.3 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	5.5 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5.8 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	5.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1046 NE 40th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/03/2026

Listed

$55,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1046 NE 40th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$280

-63%

$34,723

2024

$765

28%

$32,003

181%

2023

$598

24%

$11,399

58%

2021

$482

-2%

$7,200

—

2022

$492

$7,200

11%

2021

$482

11%

$6,500

2018

$436

$6,378

-40%

2017

$418

$10,578

2016

$393

16%

$10,500

54%

2015

$338

-23%

$6,800

-3%

2019

$439

29%

$7,016

17%

2014

$339

71%

$6,016

37%

2013

$198

—

$4,400

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1046 NE 40th Terrace

1046 NE 40th Ter, Cape Coral, FL 33909 (MLS# 2026004914) is a Residential Lots property with a lot size of 0.244 acres. 1046 NE 40th Ter is currently listed for $55,000 and was received on February 03, 2026. Want to learn more about 1046 NE 40th Ter? Do you have questions about finding other Residential Lots real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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1046 NE 40th Terrace Cape Coral, FL 33909