$275,000

1331 NW 40th Place Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated payment $1,820/month

Total Views 1,417
0.31 Acre
$887,097 Price per Acre
13,504 Sq Ft Lot

Highlights

  • 78 Feet of Salt Water Canal Waterfront
  • Canal View
  • Access to Saltwater Canal
  • Cape Elementary School Rated A-
  • No HOA

About This Lot

NO FLOOD INSURANCE REQUIRED - Build with the piece of mind, knowing you won't need flood insurance. Direct Gulf Access Lot with Seawall, Priced to Sell! No Bridges to get out to Open Water! Perfect for Boating and Fishing Enthusiasts, this Oversized Lot has More than 13,500 sq ft, is on the 180-foot Wide Horseshoe Canal, is situated on a Cul-de-sac, and with the Seawall Already in Place, is Ready for You to get Your Dream Home Started. This is a Great Opportunity for You to Own Your Piece of Paradise in one of the Hottest Areas for New Construction of Direct Gulf Access Homes in Cape Coral. Ideal location with easy access to Southwest Florida International Airport and Punta Gorda Airport. Make an offer today!

Listing Agent

Sue Jones

CENTURY 21 SELLING PARADISE Brokerage Phone: 239-542-5777 License #3297487 Listed on: 06/10/2025

CENTURY 21 SELLING PARADISE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,564

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 50x117x192x102
  • 78 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Property is zoned R1-W

Additional Features

  • Canal Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 57 / 5228
  • Assessor Parcel Number 01-44-22-C2-05228.0570

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$3,564

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13547
  • Directions to Property: Burnt Store Rd to West on Yucatan Pkwy, to North on NW 40th Pl. Lot is on the Northeast section of the Cul-de-sac.
  • Status: Active
  • Street Direction: NW
  • Ownership: Fee Simple
  • Escrow City: Cape Coral
  • Escrow Postal Code: 33914
  • Escrow State: FL
  • Escrow Street Name: Chiquita Blvd #215
  • Escrow Street Number: 3208
  • List Office Head Office Key Nume: 1037430
  • RATIO Current Price By Calculate: 20.30
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Attribution Contact: 239-542-5777
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1331

Exterior Features

  • Water Body Name: HORSESHOE CANAL
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 78
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 78
  • Additional Water Information: 180' wide canal, No bridges to get out to open water
  • Price Per Acre: 887097

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1-W
  • Parcel Number: 01-44-22-C2-05228.0570
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 50x117x192x102
  • Flood Zone Code: X500
  • Lot Size Square Meters: 1259

Tax Info

  • Tax Annual Amount: 3563.78
  • Tax Block: 5228
  • Tax Book Number: 24-110
  • Tax Lot: 57

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $3,197 $117,594 -- --
2023 $3,197 $106,904 $0 $0
2022 $2,512 $97,185 $0 $0
2021 $1,948 $88,350 $88,350 $0
2020 $1,847 $80,750 $80,750 $0
2019 $1,819 $80,750 $80,750 $0
2018 $1,854 $80,750 $80,750 $0
2017 $1,914 $88,018 $88,018 $0
2016 $1,722 $74,100 $74,100 $0
2015 $1,717 $74,100 $74,100 $0
2014 $1,791 $95,000 $95,000 $0
2013 -- $60,100 $60,100 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $275,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $46,000 Attorney
Trustee Deed -- Attorney
Warranty Deed $351,000 Cape Coral Title Insurance A
Corporate Deed $225,000 Cape Coral Title Insurance A
Warranty Deed $115,000 --
Warranty Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,900 Fannie Mae Freddie Mac
Previous Owner $202,500 Unknown
Source: Public Records

Source: Stellar MLS

MLS Number: C7511049

Stellar MLS

APN: 01-44-22-C2-05228.0570

Florida Lee County Cape Coral 33993 Burnt Store

1331 NW 40th Place, Cape Coral, FL

This home is located at 1331 NW 40th Place, Cape Coral, FL 33993 and is currently priced at $275,000. 1331 NW 40th Place is a home located in Lee County with nearby schools including Caloosa Elementary School, Dr. Carrie D. Robinson Littleton Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Sue Jones
Listing Agent
Sue Jones
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CENTURY 21 SELLING PARADISE
(239) 372-6855