1207 NW 40th Place Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated payment $522/month
About This Lot
Discover the Perfect Opportunity in Cape Coral! Motivated Seller – Bring your Offer!
Introducing a rare triple lot, the ideal canvas to build your dream home in one of the most desirable residential neighborhoods. Nestled just minutes from the highly anticipated Seven Islands waterfront development, this oversized lot offers the space, flexibility, and location that discerning buyers seek. Enjoy a peaceful, upscale setting just a short drive from the coast, boat ramps, shopping, dining, and schools.
With very few lots of this size and quality left in the area, this is a prime investment opportunity at a remarkable price. Whether you’re building your forever home or looking to capitalize on Cape Coral’s booming growth, this lot is your chance to secure a piece of paradise.
Listing Agent
Goldpen Realty Group License #258035907 Listed on: 06/06/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,255
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 120 x 125 x 120 x 125
- Southeast Facing Home
- Oversized Lot
- Property is zoned R1-D
Utilities
- Well
- Septic Tank
Community Details
- Senior Community
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 33 / 5228
- Assessor Parcel Number 01-44-22-C2-05228.0330
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,245 | $18,516 | -- | -- |
| 2023 | $1,245 | $16,833 | $0 | $0 |
| 2022 | $983 | $15,303 | $0 | $0 |
| 2021 | $697 | $16,500 | $16,500 | $0 |
| 2020 | $645 | $14,000 | $14,000 | $0 |
| 2019 | $616 | $16,000 | $16,000 | $0 |
| 2018 | $607 | $16,000 | $16,000 | $0 |
| 2017 | $550 | $13,566 | $13,566 | $0 |
| 2016 | $507 | $12,700 | $12,700 | $0 |
| 2015 | $470 | $12,700 | $12,700 | $0 |
| 2014 | $455 | $10,152 | $10,152 | $0 |
| 2013 | -- | $7,200 | $7,200 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $77,200 | -0.1% | -- |
| 06/06/2025 06/06/25 | For Sale | $77,300 | +10.4% | -- |
| 11/08/2024 11/08/24 | Sold | $70,000 | -12.5% | -- |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | For Sale | $80,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $70,000 | None Listed On Document | |
| Warranty Deed | $70,000 | None Listed On Document | |
| Warranty Deed | $25,000 | Gulf Breeze Title Insurance | |
| Warranty Deed | $12,000 | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $800 | -- | |
| Warranty Deed | $7,500 | -- | |
| Warranty Deed | $3,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000 | Seller Take Back | |
| Previous Owner | $6,375 | No Value Available |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225053734
APN: 01-44-22-C2-05228.0330
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