FL
Lee
CAPE CORAL
33993
1331 NW 40TH PLACE
1331 NW 40TH PLACE, CAPE CORAL, FL 33993
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Listing Type
Lots/Land
Listing Status
Active
4
$239,999

Home Details for 1331 NW 40TH PLACE

Price
$239,999
Type
Land
Lot size acres
0.31
County
Lee
Days on site
26
MLS Listing#
TB8484678
Property Description

<LAST PRICE REDUCTION><HIGHEST & BEST BY 04/10/2026> Seller reserves the right to accept an offer prior to the deadline. Rare opportunity to secure a waterfront lot in one of Cape Coral’s fastest-growing areas, where continued residential expansion and new commercial development are contributing to strong demand and ongoing growth. Priced aggressively, this freshwater canal property offers exceptional upside for investors, builders, or buyers looking to secure land in a market experiencing significant population growth and continued 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 freshwater canal frontage, creating a peaceful setting with beautiful water views and an excellent opportunity to design and build a custom home centered around outdoor living and the Southwest Florida waterfront lifestyle. Cape Coral continues to attract buyers from across the country due to its affordable waterfront living, warm year-round climate, favorable tax environment, and proximity to Fort Myers, Gulf beaches, boating, fishing, and outdoor recreation. With strong migration into Southwest Florida and continued development throughout the city, the area remains highly desirable for both homeowners and investors. Several infrastructure improvements and expanding commercial corridors are helping support this growth. Ongoing development across the region is bringing additional retail, restaurants, services, and employment opportunities, while continued residential construction throughout Northwest Cape Coral highlights the area’s strong demand for new housing. With no HOA and no rental restrictions (buyer to verify), this property offers maximum flexibility whether you're planning to build a personal residence, construct a spec home, or hold as a long-term investment while the surrounding area continues to develop. Waterfront lots with canal access, strong growth fundamentals, and aggressive pricing are becoming increasingly difficult to find in Cape Coral. Whether you're a builder, investor, or future homeowner looking to secure property in one of Southwest Florida’s most active growth markets, this property presents a compelling opportunity with strong long-term potential. Seller is requesting highest and best offers by 04/10/2026. Priced aggressively — serious buyers should act quickly.

Property Features
  • Utilities
    • Other
    • Underground Utilities
    • Water Available
  • Water Features
    • Public
Listing Courtesy: RICHARD PETERS REALTY LLC - 352-448-9712
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-04-01 12:20:37
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EXIT GULF COAST REALTY
3515 Del Prado Blvd South 105/106, Cape Coral, FL 33904
Office
239 800 2726
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