$49,900

1507 NW 40th Place Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated payment $349/month

Total Views 96
0.23 Acre
$216,957 Price per Acre
10,019 Sq Ft Lot

About This Lot

The best priced lot in Unit 81!! Surrounded by stunning newly constructed Gulf-access homes, this cleared parcel is perfectly positioned just west of Old Burnt Store Road in a serene, upscale neighborhood. Here, you’ll enjoy the best of both worlds — peaceful, quiet surroundings and direct, convenient access to main roads, shopping, dining, and everyday amenities.

This location is just minutes from the highly anticipated Seven Islands project, poised to bring luxury waterfront dining, entertainment, and lifestyle options to the area — making this lot an exceptional opportunity for a high-end custom home or a smart long-term investment. The neighborhood’s wide canals, new development activity, and proximity to boat ramps and golf courses add to the appeal, offering the perfect setting for those who value a relaxed yet refined coastal lifestyle.

Listing Agent

Jim Mccabe

Gulf Gateway Realty, Inc. License #258016300 Listed on: 09/10/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,009

Lot Details

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

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include trash
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 5241
  • Assessor Parcel Number 01-44-22-C2-05241.0130

Property Details

Property Type

Land

Est. Annual Taxes

$1,009

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

  • Lot Features: Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, RV Restriction(s)
  • Direction Faces: West

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Current Use: Single Family
  • Parcel #: 01-44-22-C2-05241.0130
  • Zoning Description: R1-D

Tax Info

  • Tax Annual Amount: 1009.4
  • Tax Block: 5241
  • Tax Lot: 13
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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Average Value
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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

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 $1,009 $19,033 -- --
2023 $1,118 $17,303 $0 $0
2022 $870 $15,730 $0 $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 $504 $12,274 $12,274 $0
2016 $464 $11,000 $11,000 $0
2015 $438 $11,600 $11,600 $0
2014 -- $9,212 $9,212 $0
2013 -- $6,000 $6,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 For Sale $49,900 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $19,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $13,000 Attorney
Warranty Deed $3,900 --
Warranty Deed $2,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,900 No Value Available
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025009926

Florida Gulf Coast Multiple Listing Service

APN: 01-44-22-C2-05241.0130

Florida Lee County Cape Coral 33993 Burnt Store

1507 NW 40th Place, Cape Coral, FL

This home is located at 1507 NW 40th Place, Cape Coral, FL 33993 and is currently priced at $49,900. 1507 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.

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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Jim Mccabe
Listing Agent
Jim Mccabe
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Gulf Gateway Realty, Inc.
(239) 208-5372