NOT LISTED FOR SALE

2311 SW 40th St Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $735,427 - $882,000

0.23 Acre
$3,567,857 Price per Acre
10,019 Sq Ft Lot

Last Sold January 19, 2021

Last sale price $100,000

Est. 721% increase in value since last sale

Current estimated payment $4,649/month

181 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Rectangular Lot

About This Lot

As of January 2021

GULF ACCESS WATERFRONT PROPERTY. This gulf access lot is located in the SW Cape on the Papaya Canal surrounded by Fantastic Waterfront views and ready for you to build your custom dream home!. You will notice that you are located in one of the best area's of Cape Coral with only one Bridge to take you to the Spreader Waterway. An enjoyable Boat ride to the Gulf of Mexico. This property is a great Investment if you are ready to build this month, a year or in the Future. Restaurants ,Shopping and many great area's of entertainment are close for your enjoyment.

Last Agent to Sell the Property

Robert Willaford

Re/Max Sunshine License #258021934 Listed on: 06/21/2020

Re/Max Sunshine

Co-Listed By

Amanda Cooper PA

Re/Max Sunshine License #258022782

Last Buyer's Agent

Chris Jancich

LPT Realty, LLC License #413577885

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,405

Lot Details

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

Property Views

  • Canal Views

Listing and Financial Details

  • Legal Lot and Block 30 / 4945
  • Assessor Parcel Number 04-45-23-C4-04945.0300

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,405

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
  • Co List Office Mls Id: RMAX
  • Co List Office Phone: (239) 242-2000
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer, See Remarks
  • Water Source: Public, See Remarks

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 04-45-23-C4-04945.0300
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2405.0
  • Tax Block: 4945
  • Tax Lot: 30
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Jan 18, 2021
Sold by
Wright Jeanne B and Wright Robert J
Bought by
Dorner Steven J and Liu Dorner Fangwei
Seller's Agent
Robert Willaford
Re/Max Sunshine
Buyer's Agent
Chris Jancich
LPT Realty, LLC
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Current Estimated Value
$820,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,607
Avg. Annual Appreciation
57.54%
Original Mortgage
$416,000
Outstanding Balance
$375,435
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$456,142

Purchase Details

Closed on
Dec 27, 2013
Sold by
Wright Robert J and Wright Jeanne B
Bought by
Robert J & Jeanne B Wright Charitable Re

Purchase Details

Closed on
Aug 29, 2003
Sold by
Maddaus Robert and Maddaus Julie B
Bought by
Wright Robert J and Wright Jeanne B

Purchase Details

Closed on
Mar 22, 2002
Sold by
Dillaha Joy
Bought by
Maddaus Robert

Purchase Details

Closed on
Apr 25, 2000
Sold by
Felts Rose M
Bought by
Dillaha Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500
Interest Rate
8.24%
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
Dorner Steven J $100,000 Tropical Shells Title Llc
Robert J & Jeanne B Wright Charitable Re -- Attorney
Wright Robert J $98,500 --
Maddaus Robert $66,000 --
Dillaha Joy $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorner Fangwci Liu $416,000
Previous Owner Dillaha Joy $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $100,000 -9.1% --
12/20/2020 12/20/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $110,000 -- --
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
2024 $3,789 $694,855 $162,270 $466,811
2023 $3,789 $154,660 $0 $0
2022 $2,636 $140,600 $140,600 $0
2021 $2,159 $110,000 $110,000 $0
2020 $2,347 $108,000 $108,000 $0
2019 $2,405 $108,000 $108,000 $0
2018 $2,334 $98,000 $98,000 $0
2017 $2,171 $80,000 $80,000 $0
2016 $2,147 $80,000 $80,000 $0
2015 $2,134 $71,900 $71,900 $0
2014 -- $63,300 $63,300 $0
2013 -- $38,700 $38,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Willaford

    Seller's Agent in 2021

    Robert Willaford

    RE/MAX

    15 in this area

    86 Total Sales

    Robert Willaford
    Section Image
  • Amanda Cooper PA

    Seller Co-Listing Agent in 2021

    Amanda Cooper PA

    RE/MAX

    (239) 900-6559

    15 in this area

    101 Total Sales

    Amanda Cooper PA
    Section Image

  • C

    Buyer's Agent in 2021

    Chris Jancich

    LPT Realty, LLC

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220038860

Florida Gulf Coast Multiple Listing Service

APN: 04-45-23-C4-04945.0300

Florida Lee County Cape Coral 33914 Pelican

2311 SW 40th St, Cape Coral, FL

This home is located at 2311 SW 40th St, Cape Coral, FL 33914 since 21 June 2020 and is currently estimated at $820,607. 2311 SW 40th St is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa 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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