NOT LISTED FOR SALE

1427 NW 40th Place Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $59,546 - $831,000

0.23 Acre
$1,124,509 Price per Acre
10,019 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $47,500

Est. 444% increase in value since last sale

Current estimated payment $1,491/month

13 Days on Market

About This Lot

As of July 2021

Perfect piece of land to build your new home! Near Burnt Store Community Boat Ramp, Community Parks, many new shops, and Matlacha! Relatively close to Charlotte County Airport and Fort Myers airport. This area will continue to increase in value as development progresses, especially this street with beautiful gulf access homes across the street! Make sure to drive by this one, it could be your future home site!

Last Agent to Sell the Property

Ellison Espinal

Sposen Realty & Development License #258020755 Listed on: 06/01/2021

Last Buyer's Agent

non-member MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $560

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • West Facing Home
  • Property is zoned R1-D

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 5241
  • Assessor Parcel Number 01-44-22-C2-05241.0050

Property Details

Property Type

Land

Est. Annual Taxes

$560

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 01-44-22-C2-05241.0050
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 560.0
  • Tax Block: 5241
  • Tax Lot: 5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
N & G Development Group Llc
Bought by
Nardi Group Llc
Current Estimated Value
$258,637

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 12, 2021
Sold by
Diversified Land Holdings Of Swfl Llc
Bought by
N & G Development Group Llc
Seller's Agent
Ellison Espinal
Sposen Realty & Development
Buyer's Agent
non-member MLS
List Price
$49,900
Sold Price
$47,500
Premium/Discount to List
-$2,400
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.00%

Purchase Details

Closed on
May 14, 2021
Sold by
Taiwan Eme Llc
Bought by
Diversified Land Holdings Of Swfl Llc

Purchase Details

Closed on
Feb 6, 2018
Sold by
Qgp Llc
Bought by
Taiwan Eme Llc

Purchase Details

Listed on
Jul 28, 2017
Closed on
Sep 3, 2017
Sold by
Cc Florida Land Holdings Llc
Bought by
Roayl Southwst Holdings Llc
Seller's Agent
Ilan Kedem
Jones & Co Realty
Buyer's Agent
Jay Lozano
Synergy Property Group LLC
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.57%

Purchase Details

Closed on
Jul 24, 2009
Sold by
Guay Charles and Guay Beverly A
Bought by
Landmark Assets Florida Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nardi Group Llc $100 None Listed On Document
N & G Development Group Llc $47,500 Hyperion Title
Diversified Land Holdings Of Swfl Llc $44,000 Hyperion Title
Taiwan Eme Llc $110,000 Attorney
Qgp Llc $16,500 Attorney
Roayl Southwst Holdings Llc $60,000 Pro Title Of Florida Inc
Landmark Assets Florida Llc $11,000 Talon Title Services Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $47,500 -4.8% --
06/15/2021 06/15/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $49,900 +399.0% --
09/18/2017 09/18/17 Sold $10,000 -33.3% -- View Prior Sale
08/19/2017 08/19/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $15,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

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
2025 $1,425 $52,488 $52,488 --
2024 $1,630 $59,851 $59,851 --
2023 $1,630 $66,660 $0 $0
2022 $1,329 $29,590 $29,590 $0
2021 $606 $15,500 $15,500 $0
2020 $560 $13,000 $13,000 $0
2019 $576 $15,000 $15,000 $0
2018 $578 $15,000 $15,000 $0
2017 $507 $12,274 $12,274 $0
2016 $427 $11,000 $11,000 $0
2015 $402 $11,600 $11,600 $0
2014 $390 $9,212 $9,212 $0
2013 -- $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellison Espinal

    Seller's Agent in 2021

    Ellison Espinal

    Sposen Realty & Development

    (239) 699-1974

    69 in this area

    325 Total Sales

    Ellison Espinal
    Section Image

  • n

    Buyer's Agent in 2021

    non-member MLS

  • O

    Buyer's Agent in 2021

    Out of area Non Member

    FGC Non-MLS Office

  • I

    Seller's Agent in 2017

    Ilan Kedem

    Jones & Co Realty

    (732) 484-0130

    52 in this area

    394 Total Sales

    Ilan Kedem
    Section Image

  • J

    Buyer's Agent in 2017

    Jay Lozano

    Synergy Property Group LLC

    (305) 804-1024

    43 in this area

    212 Total Sales

    Jay Lozano
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221040596

Florida Gulf Coast Multiple Listing Service

APN: 01-44-22-C2-05241.0050

Florida Lee County Cape Coral 33993 Burnt Store

1427 NW 40th Place, Cape Coral, FL

This home is located at 1427 NW 40th Place, Cape Coral, FL 33993 since 01 June 2021 and is currently estimated at $258,637. 1427 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.

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Florida Gulf Coast Multiple Listing Service 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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