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    1218 NE 40Th St Cape Coral, FL 33909

    For Sale
    $65,000

    LAND - Cape Coral, FL

    Lot size:
    0.24 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 1218 NE 40Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    18-43-24-C3-05711.0290
    Lot size
    0.24 Acres

    Utilities

    Water front features
    Canal Access
    Water front
    1

    Realty One Group MVP (800) 896-8790 [email protected]

    Listing agent David Abernathy (239) 565-8502 License #258002810

    Listing date Nov 17, 2025

    MLS# 224024227 Listing URL

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot in Cape Coral

    This 0.244-acre waterfront lot is located in Cape Coral, Florida. The property is situated on Alligator Slough, between two canal basins, and features 120 feet of waterfront. It benefits from southern exposure and is located in an area with new homes. The property is zoned for specialty properties and other specialty properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Kitchen & Bath Bar & Pub HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.945663
    Latitude
    26.731195

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    FAQs

    What type of property is this?
    Specialty property - Waterfront lot with southern exposure on Alligator Slough.
    Where is this specialty property located?
    The property is located at 1218 NE 40Th St Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Waterfront lot on Alligator Slough; - Canal access for boating and recreation; - 120 ft of waterfront
    (239) 565-8502
    Request Owner's contact information
    1218 NE 40Th St Cape Coral, FL 33909
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    Cape Coral, FL 33909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1218 NE 40Th St Cape Coral, FL 33909
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