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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: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: C7520792
- Updated: 1/28/2026
- Added to Site: 68 day(s) ago
Location
- Area: 33914 - Cape Coral
- County: Lee
- Development Name: 33914 - Cape Coral
- Subdivision: 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: 33914 - Cape Coral
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Public, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size: 10019
- Lot Dimensions: 80 x 125
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Price Per Acre: $804,348
- Tax Amount: $2,317.14
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CAPE CORAL UNIT 45 BLK 1624 PB 21 PG 124 LOTS 16 + 17
- Flood Zone Info: AE
- APN: 114523C201624.0160
- Property ID: 114523C201624.0160
- Block/Lot/Section: 1624
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# C7520792) is a Lots/Land 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 Lots/Land 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.

