1427 NW 40th Pl, Cape Coral, FL 33993 - Photo 1

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$47,900 Just Listed

For Sale
Active
Residential Lots
0.23 Acres
Updated 1 day ago

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Property Description

Best value in Unit 81! Cleared and ideally positioned just west of Old Burnt Store Road, this prime homesite is surrounded by stunning newly constructed Gulf-access residences in a quiet, upscale neighborhood. Enjoy peaceful surroundings while remaining just minutes from shopping, dining, boat ramps, and golf courses. The nearby Seven Islands project is expected to further elevate the area with waterfront dining, entertainment, and lifestyle amenities - making this an excellent opportunity to build your dream home now or secure a smart long-term investment. The same sellers also have 1515 NW 40th Pl available (MLS #2026009721). Purchase both and build or hold for even greater future potential. Not an assignment of contract. Local sellers provide fast responses and smooth closings. 7-day maximum inspection period.

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Full Property Details

Full Property Details for 1427 NW 40th Pl

General

Price: $47,900
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026009722
Updated: 2/24/2026
Added to Site: 1 day(s) ago

Additional Information

Shared Amenities: Non-Gated

Location

Area: CC43 - Cape Coral Unit 58, 59-61, 76,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: West

Community

Assoc. Fees Include: Trash

Utilities

Sewer: None
Water: None
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone Available, Trash Removal

Structural Information

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

Lot Features

Property View: None/Other
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 125 x 125
Frontage: Public Road
Frontage Feet: 80
Street/Road Desc.: Paved
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: $208,260
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 81 BLK 5241 PB 24 PG 110 LOTS 5 + 6
Property ID: 01-44-22-C2-05241.0050
Section: 1
Block: 5241
Lot Number: 5

Listed by Gulf Gateway Realty, Inc.

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Schools

Schools serving 1427 NW 40th Pl

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

Name	Grades	Distance
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	4.9 mi
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	5.3 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	5.8 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	3.3 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	5.8 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	3.3 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	6.8 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	6.8 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	6.1 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 1427 NW 40th Pl Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/24/2026

Listed

$47,900

0.84%

MLS

7/12/2021

Sold

$47,500

—

Public Record

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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 1427 NW 40th Pl

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,386

-3%

$52,488

-12%

2024

$1,425

-13%

$59,851

-34%

2023

$1,630

23%

$90,493

49%

2022

$1,329

119%

$60,600

291%

2021

$606

—

$15,500

19%

2021

$606

$13,000

-13%

2019

$576

—

$15,000

—

2018

$578

14%

$15,000

22%

2017

$507

19%

$12,274

12%

2016

$427

$11,000

-5%

2015

$402

$11,600

26%

2014

$390

66%

$9,212

54%

2013

$235

—

$6,000

—

View All

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 1427 NW 40th Pl

1427 NW 40th Pl, Cape Coral, FL 33993 (MLS# 2026009722) is a Residential Lots property with a lot size of 0.23 acres. 1427 NW 40th Pl is currently listed for $47,900 and was received on February 24, 2026. Want to learn more about 1427 NW 40th Pl? 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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1427 NW 40th Pl Cape Coral, FL 33993