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$185,000
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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!
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: C7529256
- Updated: 8/10/2026
- Added to Site: 11 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
8/10/2026
Listed
$185,000
15.62%
MLS
9/30/2004
Sold
$160,000
—
Public Record
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
4%
$90,774
-41%
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# C7529256) 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 August 10, 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.

