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$185,000
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Property Description
GULF ACCESS LOT IN DESIRABLE PELICAN NEIGHBORHOOD! Build your dream home on this prime single-family Gulf access lot located at 241 SW 40th St in the Pelican neighborhood of Cape Coral. This well-established area is known for beautiful homes, quiet streets, and excellent access to boating, recreation, and everyday conveniences. The property is on a Gulf Access Canal, making it ideal for boating, kayaking, and fishing right from your backyard. The lot is cleared, level, and ready to build. Water and Sewer are in, and all city assessments paid. A significant savings and a major advantage for buyers planning to build. A standout feature of this location is the soccer field and park directly across the street, providing open views and easy access to outdoor recreation without sacrificing privacy. Whether you enjoy morning walks, youth sports, or green space at your doorstep, this setting offers a rare combination of waterfront living and neighborhood amenities. Zoned single-family residential, with no HOA, this property offers flexibility for a primary residence, seasonal home, or future investment. Conveniently located near shopping, dining, schools, and everything SW Cape Coral has to offer, this is an excellent opportunity to secure a Gulf access lot in one of the city's most desirable neighborhoods. Don't miss this chance to build your Florida waterfront lifestyle in Pelican.
Full Property Details
Full Property Details for 241 SW 40th St
General
- Price: $185,000
- Taxes: $2,317 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11951595
- Updated: 1/26/2026
- Added to Site: 78 day(s) ago
Location
- Area: Cape Coral
- County: Lee County
- Subdivision: Cape Coral
- Building Name: Cape Coral
- Driving Directions: Cape Coral Pkwy W to (N) on Pelican Blvd to (E) on SW 40th St
- Direction Faces: South
Community
- Community Name: Cape Coral
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
- Utility Description: Irrigation Water, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Unused
Additional Structures
- Other Structures: None
Lot Features
- Property View: Canal View
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Dimensions: 80 x 125
- Frontage Feet: 80
- Street/Road Desc.: Paved Road, Paved
- Lot Features: Lot Located In A Flood Zone, Less Than 1/4 Acre Lot, Cleared, Other
- Development Status: Undeveloped
- Trees/Vegetation: No Trees, Grass/Pasture
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front, Canal Width 81-120 Feet, Fixed Bridge(s), Ocean Access
Financial Considerations
- Tax Amount: $2,317
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 45 BLK 1624 PB 21 PG 124 LOTS 16 + 17
- Inclusions: Restricted Salt Water Access, Unrestricted Salt Water Access
- Property ID: 11-45-23-C2-01624.0160
Listed by Century 21 Selling Paradise
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Schools
Schools serving 241 SW 40th St
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 0.6 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 2.1 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.2 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.1 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.7 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6.2 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 7.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 241 SW 40th St
Date
Details
Price
Change
Source
1/25/2026
Listed
$185,000
—
MLS
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 241 SW 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,685
-25%
$145,350
-5%
2024
$2,236
5%
$153,304
-4%
2023
$2,132
45%
$159,506
157%
2021
$1,467
-6%
$62,000
-23%
2022
$1,557
6%
$80,104
11%
2021
$1,467
-9%
$72,000
13%
2018
$1,608
5%
$63,454
-21%
2017
$1,533
4%
$80,000
—
2016
$1,469
3%
$80,000
—
2015
$1,420
12%
$79,800
16%
2014
$1,273
-24%
$69,000
-1%
2019
$1,680
77%
$69,799
77%
2013
$948
—
$39,400
—
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 241 SW 40th St
241 SW 40th Street, Cape Coral, FL 33914 (MLS# A11951595) is a Land Residential property with a lot size of 0.23 acres. 241 SW 40th Street is currently listed for $185,000 and was received on January 25, 2026. Want to learn more about 241 SW 40th Street? Do you have questions about finding other Land Residential 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.

