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Oversized Canal Lot For Sale
For Sale
$239,000

201 SW 40th Street, Cape Coral, FL 33914

LAND - Cape Coral, FL

Lot Size0.29 Acres
Days on Market191

Property Features for 201 SW 40th Street

General Information

Property type Land
Property subtype Other
Zoning description R1-W
Subdivision CAPE CORAL
Lot features Oversized Lot
Directions GPS
Special listing conditions Auction
Standard status Active
APN 11-45-23-C2-01624.0350
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CAPE CORAL UNIT 45 BLK 1624 PB 21 PG 125 LOTS 35 + 36
Tax Annual Amount 3357
Legal Description CAPE CORAL UNIT 45 BLK 1624 PB 21 PG 125 LOTS 35 + 36

Utilities

Water front features Canal Access
Water front 1
Listing Agency: John R. Wood Properties
Listed By: Nelson Rua · License #258026539
Added: Jan 22 Changed: Jul 31 Last Checked: Aug 1 at 12:06AM
MLS# 2026003965

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 oversized intersecting canal lot is located at the end of SW 40th Street, where new houses are currently under construction. Situated in Cape Coral, Florida, the property borders Katama Canal on one side and Lotus Canal on the other. Gulf access is available via two bridges, each with a height of 9 feet 3 inches. The lot spans 0.285 acres. Assessments have been paid. The location offers proximity to schools, shopping, and a soccer complex, making it suitable for building a new home.

Key Highlights

  • Oversized intersecting canal lot with Gulf access.
  • Two canals: Katama Canal and Lotus Canal.
  • Gulf access with two 9'3" bridge clearances.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Restaurant Spa & Massage Center Building Supply Nail 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

269
Businesses Nearby

Demographics for 33914, FL

42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Oversized intersecting canal lot with Gulf access in Cape Coral.
Where is this commercial land located?
The property is located at 201 SW 40th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Oversized intersecting canal lot with Gulf access.; Two canals: Katama Canal and Lotus Canal.; Gulf access with two 9'3" bridge clearances.
More about this property
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