4108 NW 40th Ave, Cape Coral, FL 33993 - Photo 1

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$50,000 Just Listed

For Sale
Active
Residential Lots
0.344 Acres
Updated 2 days ago

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Property Description

TRIPLE Lot for Sale! Build your dream waterfront home in the rapidly growing NW Cape Coral! This waterfront homesite offers an excellent opportunity to enjoy the Florida lifestyle in one of the area's most exciting locations. Looking for even more space? The adjacent lot is also available for purchase and can be combined with this property to create an impressive oversized waterfront homesite-ideal for a custom estate, expansive outdoor living, or added privacy. Conveniently located just minutes from the new Crystal Lake Park, you'll enjoy easy access to a sandy beach, walking trails, kayak and canoe launches, fitness stations, playground, picnic areas, and endless opportunities for outdoor recreation. Whether you're ready to build now or invest for the future, this waterfront lot offers exceptional value in a thriving area experiencing tremendous growth.

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Full Property Details

Full Property Details for 4108 NW 40th Ave

General

Price: $50,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026030662
Updated: 7/19/2026
Added to Site: 3 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: East

Community

Assoc. Fees Include: Street Maintenance

Utilities

Sewer: None
Water: None
Utility Description: Electricity Available

Structural Information

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

Lot Features

Property View: Canal
Lot Size (Acres): 0.344
Lot Size (Sq. Ft.): 14,984
Lot Size Source: Property Appraiser Office
Lot Dimensions: 120 x 120 x 125 x 125
Frontage: Public Road
Frontage Feet: 120
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: 3 Lots
Zoning: R1-W
Lot Description: 3 Lots

Water Features

Water Front: Yes
Water Front Desc.: Canal Front
Canal Width: Canal Width 31-80

Financial Considerations

Price Per Acre: $145,348
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Multiple Parcels: Yes
Legal Description: CAPE CORAL UNIT 91 BLK 5494 PB 24 PG 95 LOTS 27 THRU 29
Property ID: 18-43-23-C1-05494.0270
Section: 18
Block: 5494
Lot Number: 27-29

Listed by The Keyes Company

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Schools

Schools serving 4108 NW 40th Ave

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

Name	Grades	Distance
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	7.2 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	8.3 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	8.8 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	5.8 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	8.8 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5.7 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	7.7 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	9.8 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	9.1 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 4108 NW 40th Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/19/2026

Listed

$50,000

809.09%

MLS

4/15/2011

Sold

$5,500

—

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 4108 NW 40th Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,070

$18,229

-58%

2024

$1,001

-2%

$43,472

-28%

2023

$1,026

55%

$59,995

355%

2021

$661

-13%

$13,200

-54%

2022

$764

16%

$28,710

149%

2021

$661

18%

$11,550

23%

2018

$561

$9,354

-25%

2017

$530

10%

$12,436

19%

2016

$480

$10,450

-14%

2015

$456

17%

$12,100

10%

2014

$389

-32%

$11,000

2019

$571

95%

$10,289

43%

2013

$293

—

$7,200

—

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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 4108 NW 40th Ave

4108 NW 40th Ave, Cape Coral, FL 33993 (MLS# 2026030662) is a Residential Lots property with a lot size of 0.344 acres. 4108 NW 40th Ave is currently listed for $50,000 and was received on July 19, 2026. Want to learn more about 4108 NW 40th Ave? 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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4108 NW 40th Ave Cape Coral, FL 33993