1331 NW 40TH PL, CAPE CORAL, FL, 33993
$249,999
Land
Lot Size
13,547 Sqft
Seller reserves the right to accept an offer prior to the deadline. Rare opportunity to secure a canal-front lot with 80 feet of waterfront and a concrete seawall already in place in one of Cape Coral’s fastest-growing areas. Competitively priced, this property offers strong upside for investors, builders, or buyers looking to secure waterfront land in a market experiencing continued population growth and development across Southwest Florida. Situated on a quiet residential street in Northwest Cape Coral, the property is surrounded by established homes and steady new construction throughout the neighborhood. The lot offers direct canal frontage with access to the Gulf waterway system (buyer to verify), creating a peaceful setting with long-term value tied to true waterfront usability. The existing seawall eliminates a major upfront cost and allows a future build to move forward more efficiently. Cape Coral continues to attract buyers from across the country due to its waterfront lifestyle, warm year-round climate, favorable tax environment, and proximity to Fort Myers, Gulf beaches, boating, fishing, and outdoor recreation. Ongoing infrastructure expansion and commercial development — including growth along Pine Island Road — continues to bring new retail, restaurants, services, and employment opportunities. With no HOA and no rental restrictions (buyer to verify), this property offers flexibility whether you're planning to build a personal residence, develop a spec home, or hold as a long-term investment while the surrounding area continues to develop. Waterfront lots with canal frontage, existing seawalls, and strong growth fundamentals are becoming increasingly limited in this area. When compared to higher-priced competing properties, this offering is positioned to stand out and attract strong buyer interest. Seller is requesting highest and best offers by 04/10/2026.
Property Details
Property Features Property Features
MLS ID: MFRTB8484678 Year Built:
Country: US County Or Parish: Lee
Current Use: Residential Listing Agreement: Exclusive Right To Sell
Lot Features: Cleared, Cul-De-Sac Property Type: Land
Road Surface Type: Asphalt Sewer: Septic Tank
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Other, Public, Sprinkler Well, Underground Utilities, Water Available Water Source: Public
Waterfront Features: Canal - Saltwater
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