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241 SW 40th Street, Cape Coral, FL 33914

Cape Coral · Lee County

Key Facts

0.23Lot (acres)

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

Waterfront

Utilities

Cable AvailableElectricity AvailableSewer AvailableWater Available

Sewer

Public Sewer

Water Source

Public

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

Map showing the location of 241 SW 40th Street, Cape Coral, FL 33914

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

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Cape Coral

Listing Courtesy: Century 21 Selling Paradise - 2395425777

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. 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.
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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MiamiAssociationOfRealtors. MLS® Listing#A11951595. © 2026EXIT Realty®. All rights reserved.