
241 SW 40th Street, Cape Coral, FL 33914
Cape Coral · Lee County
Key Facts
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.
Property Information
Property Type
Land
Lot Size
0.23 acres
Days on Market
1
MLS® Listing#
A11951595
Property Features
Lot Features
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$2,317
Tax year 2025
Parcel Number
11-45-23-C2-01624.0160
Directions
Cape Coral Pkwy W to (N) on Pelican Blvd to (E) on SW 40th St
Affordability Calculator
$37,000
Estimated monthly payment
$985/mo
Principal $148,000 · Est. interest $206,473 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cape Coral, FL
- $432,362
- Median Listing Price
- 94
- Median Days on Market
- 1,778
- Median Sq Ft
- $244
- Median Price / Sq Ft
- 4,115
- Active Listings
- This home’s price is 57% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cape Coral, FL.
Location
Points of Interest in Cape Coral, FL
Showing the Cape Coral area map.
Nearby Schools
Providence Christian School
School · 0.5 mi away
Pelican Elementary School
Elementary · 0.6 mi away
Bobbie Noonan's Child Care
School · 0.6 mi away
Nicaea Academy
School · 1.9 mi away
Gulf Middle School
Secondary · 2.1 mi away
Cape Elementary School
Elementary · 2.1 mi away
Gulf Elementary School
Elementary · 2.2 mi away
Cape Coral High School
Secondary · 2.2 mi away
Ida S. Baker High School
Secondary · 2.4 mi away
Heritage Charter Academy
School · 2.5 mi away
Oasis Charter High School
Secondary · 2.7 mi away
Oasis Middle School
Secondary · 2.7 mi away
Skyline Elementary School
Elementary · 2.7 mi away
Oasis Charter Elementary School
Elementary · 2.7 mi away
Christ Lutheran School
School · 2.8 mi away
St Andrew School
School · 2.9 mi away
Patriot Elementary School
Elementary · 3.0 mi away
Challenger Middle School
Secondary · 3.1 mi away
Trafalgar Elementary School
Elementary · 3.6 mi away
Trafalgar Middle School
Secondary · 3.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 415 SE 16th Street, Cape Coral, FL | $129,900 | — | — | — |
| 1005 SW 48th Terrace 3, Cape Coral, FL | $129,900 | 2 | 3 | 1,153 |
| 1109 Country Club Boulevard, Cape Coral, FL | $129,900 | — | — | — |
| 2105 NE 27th Street, Cape Coral, FL | $129,900 | — | — | — |
| 1766 Cape Coral Parkway E 104, Cape Coral, FL | $129,900 | 1 | 1 | 768 |
| 1303 SW 16th Terrace 202, Cape Coral, FL | $129,900 | 2 | 2 | 1,159 |
Moving Cost Estimate
EXIT Agents in Cape Coral
Listing Courtesy: Century 21 Selling Paradise - 2395425777
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

















