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Waterfront Residential Buildable Lot
For Sale
$59,900

1226 NE 40th Street, Cape Coral, FL 33909

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.24 Acres
Days on Market87

Property Features for 1226 NE 40th Street

General Information

Property type Land
Property subtype Other
Zoning description R1-W
Subdivision CAPE CORAL
Lot features Rectangular Lot
Directions North on Del Prado Blvd., left onto Averil Blvd, right onto Gator Circle, left pass the High School, left onto NE 15th St. Lot will have sign installed soon. (Lot is on the R side of home built at the canal intersection.)
Standard status Active
APN 18-43-24-C3-05711.0330
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 87 BLK 5711 PB 24 PG 71 LOTS 33 + 34
Tax Annual Amount 924
Legal Description CAPE CORAL UNIT 87 BLK 5711 PB 24 PG 71 LOTS 33 + 34

Utilities

Water front features Canal Access
Water front 1
Listing Agency: ERA Cape Realty
Listed By: Deb Lau · License #396528471
Added: Jun 14 Changed: Aug 27 Last Checked: Sep 8 at 11:06PM
MLS# 2026026261

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 offering is a buildable waterfront residential lot in northeast Cape Coral, FL, sized at 0.244 acres. The property is positioned for wide freshwater canal views, offering an outdoor setting suited to a single-family build.

The location is within Cape Coral in Lee County, in an area known for its extensive navigable waterways and canal system. The nearby setting includes newer upscale homes already located in the vicinity. Cape Coral also offers multiple parks and recreation features across the city, including waterfront parks, playgrounds, athletic complexes, community centers, tennis amenities, a youth center and skate park, boat ramps, and public golf courses.

For buyers looking to construct a new home on a waterfront parcel, this lot provides a straightforward site for planning and building in a canal-oriented community. The canal frontage view component supports outdoor living and waterfront lifestyle needs, while the residential neighborhood context may appeal to owner-occupants and builders seeking a standard lot-to-home development opportunity.

Key Highlights

  • .24‑acre waterfront lot with canal access in NE Cape Coral
  • Wide freshwater canal views overlooking navigable waterways
  • Boating and fishing opportunities with access to the canal system

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Auto Parts Store Garden Center Locksmith Grocery & Convenience Store

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
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Build on a waterfront lot with wide freshwater canal views in northeast Cape Coral.
Where is this waterfront land located?
The property is located at 1226 NE 40th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: .24‑acre waterfront lot with canal access in NE Cape Coral; Wide freshwater canal views overlooking navigable waterways; Boating and fishing opportunities with access to the canal system
More about this property
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