241 SW 40th St, Cape Coral, FL 33914 - Photo 1

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$185,000 Just Listed

For Sale
Active
Residential Lots
0.23 Acres
Updated 6 days ago

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Property Description

GULF ACCESS LOT IN PELICAN NEIGHBORHOOD | CITY WATER & SEWER | NO HOA Build your dream home in one of Cape Coral's most desirable areas! This cleared and level single-family Gulf access lot at 241 SW 40th Street is located in the established Pelican neighborhood, surrounded by beautiful homes and peaceful streets. Enjoy the Southwest Florida lifestyle with a Gulf access canal right in your backyard, allowing you to kayak, fish, or enjoy boating from home. The lot is ready for construction, with city water and sewer already in place and all assessments paid-a significant savings for the future homeowner. Another great feature is the soccer field and park directly across the street, giving you open views and easy access to green space and recreation. Whether you enjoy taking a morning walk, watching a game, or simply having a park nearby, this is a location that offers something a little extra. With single-family residential zoning and no HOA, you have the flexibility to build a full-time residence, seasonal getaway, or investment property. Conveniently located near shopping, dining, schools, parks, and everything Southwest Cape Coral has to offer, this is a fantastic opportunity to build your own waterfront home in the Pelican area. Cleared lot. Gulf access. City water & sewer. Assessments paid. No HOA. Park across the street. Bring your plans and start building the Florida waterfront home you've been dreaming about!

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Full Property Details

Full Property Details for 241 SW 40th St

General

Price: $185,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026030002
Updated: 8/9/2026
Added to Site: 6 day(s) ago

Additional Information

Shared Amenities: None, Non-Gated

Location

Area: CC21 - Cape Coral Unit 3, 30, 44, 6
County: Lee
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

Assoc. Fees Include: None
Management Type: None

Utilities

Sewer: Assessment Paid, Central
Water: Assessment Paid, Central, Irrigation Water
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available

Structural Information

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

Lot Features

Property View: Canal, Water
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
Road Maintenance: City Maintained
Irrigation System: Assessment Paid, Central, Reclaimed
Lot Features: Regular
Trees/Vegetation: Brush, Grassed
Zoning: R1-W
Lot Description: Regular

Water Features

Water Front: Yes
Gulf Access: Yes
Water Front Desc.: Bridge(s)/Water Indirect, Canal Front, Navigable Water
Canal Width: Canal Width 31-80

Financial Considerations

Price Per Acre: $804,347
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 45 BLK 1624 PB 21 PG 124 LOTS 16 + 17
Property ID: 11-45-23-C2-01624.0160
Section: 11
Block: 1624
Lot Number: 16

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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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/09/2026

Listed

$185,000

15.62%

MLS

9/30/2004

Sold

$160,000

—

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 241 SW 40th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,317

—

$99,851

10%

2025

$2,317

$90,774

-41%

2024

$2,236

$153,304

-4%

2023

$2,132

45%

$159,506

157%

2021

$1,467

-6%

$62,000

-23%

2022

$1,557

$80,104

11%

2021

$1,467

-9%

$72,000

13%

2018

$1,608

$63,454

-21%

2017

$1,533

$80,000

—

2016

$1,469

$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

—

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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 241 SW 40th St

241 SW 40th St, Cape Coral, FL 33914 (MLS# 2026030002) is a Residential Lots property with a lot size of 0.23 acres. 241 SW 40th St is currently listed for $185,000 and was received on August 09, 2026. Want to learn more about 241 SW 40th St? 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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241 SW 40th St Cape Coral, FL 33914