Waterfront Land with Canal
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 Market965
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
(800) 896-8790
Listed By:
David Abernathy · License #258002810
(239) 565-8502
Added: Mar 12, 2024
Changed: Aug 20
Last Checked: Nov 1 at 12:06PM
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.
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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
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Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
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Business Placement
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
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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
