Seller's Agent in 2025
Donna Pyle
Realty One Group MVP
(865) 771-1819
12 in this area
98 Total Sales
1228 NW 40th Place Cape Coral, FL 33993
Burnt Store Neighborhood
0.23
Acre
$1,130,435
Price per Acre
10,019
Sq Ft Lot
Highlights
- Boat Dock
- Waterfront
- Canal View
- Cape Elementary School Rated A-
- Canal Access
- Rectangular Lot
About This Lot
As of February 2024Welcome to Paradise! This Gulf Access lot offers an exceptional opportunity to construct your dream home. "No Bridges". Situated in a highly sought-after location, this Western exposure lot boasts 80 feet of water frontage on a canal that spans over 150 feet in width. With ample space available, this lot is perfect for building a spacious house, complete with a pool and outdoor living area.
The location of this lot also provides convenient access to various recreational activities. Take a short boat ride for a breathtaking sunset cruise or navigate through the Matlacha Pass to reach open water. Additionally, this property is situated in the rapidly developing NW Cape Coral area, surrounded by newly constructed and well-maintained homes.
Furthermore, this lot is in close proximity to a range of amenities, including restaurants, shopping centers, a golf course, a fitness center, and the future 7 Islands Development.
Don't miss out on the opportunity to create your own personal paradise in this idyllic location. Start building your dream home today!
Last Agent to Sell the Property
EXP Realty LLC License #252012450 Listed on: 07/06/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,793
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- Waterfront
- East Facing Home
- Rectangular Lot
- Property is zoned R1-W
Property Views
- Canal Views
Utilities
- Water Not Available
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block 14 / 5214
- Assessor Parcel Number 01-44-22-C2-05214.0140
Community Details
Overview
- Cape Coral Subdivision
Recreation
- Boat Dock
- Canal Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2023
Closed on
Feb 12, 2024
Sold by
Overcash Family Living Trust and Overcash Bonnie
Bought by
Lifestyle Homes For Less Llc
Seller's Agent
Marla Mcfarlane
EXP Realty LLC
Buyer's Agent
Marla Mcfarlane
EXP Realty LLC
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.81%
Purchase Details
Closed on
Sep 29, 2010
Sold by
Overcash Geoffrey L and Overcash Bonnie
Bought by
Overcash Geoffrey L and Overcash Bonnie
Purchase Details
Closed on
Jan 19, 2007
Sold by
Overcash Geoffrey L and Overcash Bonnie
Bought by
Overcash Geoffrey L and Overcash Bonnie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2000
Sold by
Brainerd Henry A
Bought by
Overcash Geoffrey L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Cape Coral Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Progressive Title Inc | |
| Warranty Deed | $26,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Price Changed | $1,349,000 | -3.5% | $613 / Sq Ft |
| 06/01/2025 06/01/25 | For Sale | $1,398,000 | +437.7% | $635 / Sq Ft |
| 02/14/2024 02/14/24 | Sold | $260,000 | -8.8% | -- |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | Pending | -- | -- | -- |
| 01/16/2024 01/16/24 | Price Changed | $285,000 | 0.0% | -- |
| 01/16/2024 01/16/24 | For Sale | $285,000 | -1.7% | -- |
| 10/13/2023 10/13/23 | Price Changed | $290,000 | -1.7% | -- |
| 07/06/2023 07/06/23 | For Sale | $295,000 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $3,268 | $123,783 | -- | -- |
| 2023 | $3,268 | $112,530 | $0 | $0 |
| 2022 | $2,553 | $102,300 | $0 | $0 |
| 2021 | $1,963 | $93,000 | $93,000 | $0 |
| 2020 | $1,863 | $85,000 | $85,000 | $0 |
| 2019 | $1,799 | $85,000 | $85,000 | $0 |
| 2018 | $1,743 | $85,000 | $85,000 | $0 |
| 2017 | $1,622 | $78,000 | $78,000 | $0 |
| 2016 | $1,548 | $78,000 | $78,000 | $0 |
| 2015 | $1,493 | $78,000 | $78,000 | $0 |
| 2014 | -- | $100,000 | $100,000 | $0 |
| 2013 | -- | $46,000 | $46,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Pyle
-
Marla Mcfarlane
Seller's Agent in 2024
Marla Mcfarlane
EXP Realty LLC
(239) 313-0805
8 in this area
47 Total Sales
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 223048695
APN: 01-44-22-C2-05214.0140
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The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved
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