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Waterfront Land with Canal Access
For Sale
$45,000

1218 NE 40th Street, Cape Coral, FL 33909

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.24 Acres
Days on Market899

Property Features for 1218 NE 40th Street

General Information

Property type Land
Property subtype Other
Zoning description R1-W
Subdivision CAPE CORAL
Lot features Rectangular Lot
Standard status Active
APN 18-43-24-C3-05711.0290
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description CAPE CORAL UNIT 87 BLK 5711 PB 24 PG 71 LOTS 29 + 30
Tax Annual Amount 872
Legal Description CAPE CORAL UNIT 87 BLK 5711 PB 24 PG 71 LOTS 29 + 30

Utilities

Water front features Canal Access
Water front 1
Listing Agency: Realty One Group MVP
Listed By: David Abernathy · License #258002810
Added: Mar 12, 2024 Changed: Aug 20 Last Checked: Aug 27 at 9:06AM
MLS# 224024227

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 0.244-acre waterfront parcel is positioned between 2 canal basins along 120 ft of Alligator Slough. The property includes canal access and has southern exposure. Located at 1218 NE 40th Street in Cape Coral, Florida, the parcel sits in an area characterized by new homes.

Key Highlights

  • 0.244‑acre waterfront parcel
  • 120 ft along Alligator Slough
  • Positioned between 2 canal basins

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 33909, FL

33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront parcel offering canal access and southern exposure in a residential area with new home construction.
Where is this waterfront land located?
The property is located at 1218 NE 40th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: 0.244‑acre waterfront parcel; 120 ft along Alligator Slough; Positioned between 2 canal basins
More about this property
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