$199,950
Residential for Sale in Cape Coral
NW 40th Lane, Cape Coral, FL, 33993
About this home
Prime oversized vacant lot located at NW 40th Lane in Cape Coral, offering nearly an acre of space to build your dream home or explore future investment opportunities. This expansive homesite provides plenty of room for a custom residence, pool, outdoor living areas, additional garage space, and more. The property also offers the potential to be split in the future, providing added flexibility for development or investment. Situated in a peaceful area of Northwest Cape Coral surrounded by natural Florida scenery and waterways, the property offers privacy while remaining convenient to area amenities. Outdoor enthusiasts will appreciate being within walking distance of the Charlotte Harbor Preserve State Park North Cape Flats Trail, with access to hiking and Southwest Florida's natural beauty. Burnt Store Marina is also just a short drive away, offering boating, fishing, dining, and waterfront recreation. With its exceptional size, location, and future development potential, this property presents a unique opportunity to secure a substantial piece of land in growing Northwest Cape Coral.
Property details
- Type
- Residential
- Year built
- Not specified
- Interior
- Not specified
- Lot size
- 40,001.148 sqft
- Acreage
- 0.92 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $2,799/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- None
- Sewer
- None
- New construction
- No
- Pets
- Not specified
- County
- Lee
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
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Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.