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3923 NW 40th Street

Cape Coral, FL 33993
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Acres0.24

Acre(Lot)

OPPORTUNITY KNOCKS IN NW CAPE CORAL! Here’s your chance to secure a standard residential homesite in one of the most desirable and rapidly growing areas of Northwest Cape Coral. Located just off OLD BURNT STORE ROAD, this fully cleared lot sits among a collection of NEW AND NEWER HOMES, creating an attractive neighborhood setting where quality construction continues to shape the area’s future. With new builds appearing throughout the surrounding streets, this is the kind of location buyers and builders are seeking when looking for a quiet residential setting with long-term upside. This property offers the flexibility to build now or hold as an investment while development continues to move steadily north and west in the Cape. Off-water lots like this remain one of the smartest ways to secu re a foothold in Cape Coral without paying the premium price and higher taxes that waterfront properties command. Many local residents choose this strategy—owning an off-water home while keeping their boat on a trailer or at a nearby marina, allowing them to enjoy the same incredible waterways without the added carrying costs of waterfront ownership. Cape Coral is world famous for its more than 400 miles of canals and endless opportunities for boating, fishing and waterfront recreation. While a quarter of those canals lead directly to the Gulf of Mexico, the beauty of living in this part of the city is that you’re just minutes from several public boat ramps and marinas that put you quickly into open water. From nearby BURNT STORE MARINA, boaters can easily reach CHARLOTTE HARBOR, BOCA GRANDE PASS, CAYO COSTA, CABBAGE KEY and the legendary fishing grounds of MATLACHA PASS. Anglers from around the world come to these waters in search of tarpon, snook and redfish. Beyond the water, NW Cape continues to attract buyers because of its relaxed pace, larger homesites and beautiful newer construction homes. The area is close to CORAL OAKS GOLF COURSE, local parks, schools, shopping, dining and everyday conveniences, while still maintaining the peaceful residential feel that so many people are seeking when they move to SW Florida. Another exciting factor for this location is its proximity to the future SEVEN ISLANDS PROJECT, a planned waterfront destination that is expected to bring restaurants, boutique shops, marinas, waterfront boardwalks, kayaking access and a variety of entertainment options to the Northwest Cape area. This large-scale redevelopment is designed to become a signature waterfront gathering place for residents and visitors alike, adding long-term value and vibrancy to the surrounding neighborhoods. Build your dream home, hold as a long-term investment, or secure a piece of Southwest Florida while prices remain favorable. Cape Coral continues to be recognized as one of the country’s top destinations for waterfront lifestyle, affordability and quality of life. City notation of tortoise nest, buyer to verify and do their own due diligence. NO verbal offers.

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Detail Ic Property Details

Property Type : Land

Price : $23,500

AD Id : 76083039

MLS Id : 2026011878

Lot Size : 0.24 Acre(Lot)

County : Lee

Subdivision: Cape Coral

  • Map Map

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Feature Features

  • Lot Information

    Lot Dimensions: 85 x 125 x 85 x 125 Main Square Feet: 0.244 Lot Size Acres: 0.244 Lot Size Source: Appraiser Lot Description: Cleared,OversizedLot

    Property Information

    Subdivision: CAPE CORAL Source Property Type: Land Zoning Description: R1-D Property SubType: Residential Direction Faces: South

  • Listing Price Information

    Listing Price: $23500
    Original Price: $24500
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 18-43-23-C4-05504.0450 Tax Lot: 45+46 Tax Block: 5504 Tax Year: 2025 Annual Tax: $818.12 Tax Legal Desc: CAPE CORAL UNIT 91 BLK 5504 PB 24 PG 92 LOTS 45 + 46

  • Homeowners Association Information

    Included Fees: None
    Association Amenities: None
    Community Features: BoatFacilities, NonGated

  • Utility Information

    TrashCollection, SewerNotAvailable, WaterNotAvailable
  • Location Information

    Direction: Burnt Store Rd to Kismet Pkwy W, North on Old Burnt Store Rd to right on NW 40th Terrace, right on NW 40th Av, left on NW 40th St. Destination will be on the left. WaterSource: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
523 NW 25th Place, Cape Coral, FL, 33993 $45,000 -- -- -- 10,000 Sqft(Lot)
1162 NW 4th Ave, Cape Coral, FL, 33993 $55,000 -- -- -- 9,100 Sqft(Lot)
422 NW 9th Terr, Cape Coral, FL, 33993 $65,000 -- -- -- Acres (Lot)--
3242 NW 41st Avenue, Cape Coral, FL, 33993 $55,000 -- -- -- 10,019 Sqft(Lot)
4318 NW 35th Street, Cape Coral, FL, 33993 $70,000 -- -- -- 10,019 Sqft(Lot)
1608 NW 8th Pl, Cape Coral, FL, 33993 $54,000 -- -- -- Acres (Lot)--
2002 NW 3 Ter, Cape Coral, FL, 33993 $42,000 -- -- -- 10,000 Sqft(Lot)
4106 NW 39th Street, Cape Coral, FL, 33993 $46,000 -- -- -- 10,000 Sqft(Lot)
4500 NW 34th Ter, Cape Coral, FL, 33993 $55,000 -- -- -- 10,018 Sqft(Lot)
1026 1026 Nw 16th Terrace, Cape Coral, FL, 33993 $65,000 -- -- -- 2,296 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/22/2026 @ 19:39

MLS: 2026011878 LISTED BY: Paula Hellenbrand, Encore Realty Services Inc 239-542-4600 SOURCE: FGC

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