$46,000
SOLD JUN 16, 2025
0.23 Acre
$200,000 Price per Acre
10,019 Sq Ft Lot

Recently Sold

8% Below List Price

141 Days on Market

About This Lot

As of June 2025

Unlock the Potential of 2032 NE 40th St, Cape Coral, FL!

This exceptional 0.23-acre residential lot is the ideal canvas for your vision—whether you're a buyer dreaming of building your perfect home, a builder seeking your next project, or an investor eyeing opportunities in one of Florida's fastest-growing cities.

Nestled in a serene neighborhood, this lot offers endless possibilities for creative designs and outdoor living. Its prime location puts you just minutes away from schools, shopping, dining, and recreational activities. Families will appreciate the proximity to Island Coast High School, while commuters will love the easy access to major roadways.

Cape Coral is celebrated for its booming real estate market, vibrant community, and world-famous canal systems, making it a haven for water enthusiasts and those seeking the Southwest Florida lifestyle.

Whether you're looking to break ground on a personal masterpiece, construct a sought-after spec home, or secure a high-potential investment property, 2032 NE 40th St is the opportunity you've been waiting for.

Don't wait—seize this chance to invest in your future today!

Last Agent to Sell the Property

Tim Edmiston

Schooner Bay Realty, Inc. License #258005596 Listed on: 01/22/2025

Last Buyer's Agent

Tim Edmiston

Schooner Bay Realty, Inc. License #258005596 Listed on: 01/22/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $718

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Utilities

  • Water Available
  • Sewer Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 62 / 5783
  • Assessor Parcel Number 17-43-24-C3-05783.0620

Property Details

Property Type

Land

Est. Annual Taxes

$718

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Pets No Pets Comments: ,,,
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot, See Remarks
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: North

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-43-24-C3-05783.0620
  • Zoning Description: R1-D

Tax Info

  • Tax Annual Amount: 718.1
  • Tax Block: 5783
  • Tax Lot: 62
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
May 22, 2025
Sold by
Sgv Lots Llc
Bought by
Dr Horton Inc
Seller's Agent
Tim Edmiston
Schooner Bay Realty, Inc.
Buyer's Agent
Tim Edmiston
Schooner Bay Realty, Inc.
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.52%

Purchase Details

Closed on
Jan 10, 2025
Sold by
Francis Robert
Bought by
Sgv Lots Llc

Purchase Details

Closed on
Jul 2, 2008
Sold by
City Of Cape Coral
Bought by
Francis Robert

Purchase Details

Closed on
Sep 1, 2002
Sold by
Sacco Alfred A and Sacco Alice M
Bought by
City Cape Coral
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 Type Sale Price Title Company
Warranty Deed $324,000 Dhi Title Of Florida
Warranty Deed $39,500 Old Florida Title
Corporate Deed $13,500 Team Title Insurance Inc
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $381,490 +729.3% $189 / Sq Ft
06/16/2025 06/16/25 Sold $46,000 -7.8% --
06/12/2025 06/12/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $49,900 -- --
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
2024 $774 $10,249 -- --
2023 $718 $9,317 $0 $0
2022 $572 $8,470 $0 $0
2021 $487 $7,700 $7,700 $0
2020 $458 $7,200 $7,200 $0
2019 $436 $7,500 $7,500 $0
2018 $443 $10,000 $10,000 $0
2017 $415 $10,417 $10,417 $0
2016 $364 $6,800 $6,800 $0
2015 $336 $6,800 $6,800 $0
2014 -- $5,640 $5,640 $0
2013 -- $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225008607

Florida Gulf Coast Multiple Listing Service

APN: 17-43-24-C3-05783.0620