$46,000
SOLD MAY 18, 2022

3818 NW 40th Ave Cape Coral, FL 33993

Burnt Store Neighborhood
0.23 Acre
$200,000 Price per Acre
10,019 Sq Ft Lot

Recently Sold

8% Below List Price

249 Days on Market

Highlights

  • Home fronts navigable water
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of May 2022

Great freshwater building lot located in popular and growing NW Cape Coral! Cruise and fish miles of freshwater canals from your own dock at your leisure! Easy access to Punta Gorda, Pine Island Road shopping corridor, Ft. Myers, I-75 and close to Coral Oaks Golf Course too!

Last Agent to Sell the Property

Geary Quinn

Realty One Group MVP License #382000392 Listed on: 09/10/2021

Last Buyer's Agent

Adrian Sabatino

Keller Williams Realty Naples License #249511402

Keller Williams Realty Naples

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $513

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Home fronts navigable water
  • East Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 15 / 5490
  • Assessor Parcel Number 18-43-23-C4-05490.0150

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$513

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
  • Directions: Old Burnt Store Road North to right onto Caloosa Pkwy. to left onto NW 40th Avenue to property on your left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Rectangular Lot, See Remarks
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: East

Utilities

  • Cooling: See Remarks
  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated, See Remarks
  • Amenities: See Remarks

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Other
  • Parcel #: 18-43-23-C4-05490.0150
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 513.0
  • Tax Block: 5490
  • Tax Lot: 15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
May 18, 2022
Sold by
Ann Saffin and Ann Elizabeth
Bought by
Will 3 Llc
Seller's Agent
Geary Quinn
Realty One Group MVP
Buyer's Agent
Adrian Sabatino
Keller Williams Realty Naples
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.59%
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 $46,000 Landsel Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $359,999 0.0% $189 / Sq Ft
06/23/2025 06/23/25 Price Changed $359,995 -2.7% $189 / Sq Ft
06/19/2025 06/19/25 Price Changed $369,995 0.0% $195 / Sq Ft
04/28/2025 04/28/25 Price Changed $369,990 -7.5% $195 / Sq Ft
03/20/2025 03/20/25 Price Changed $399,990 0.0% $211 / Sq Ft
01/29/2025 01/29/25 Price Changed $399,905 0.0% $210 / Sq Ft
01/03/2025 01/03/25 Price Changed $399,900 -5.9% $210 / Sq Ft
12/28/2024 12/28/24 Price Changed $424,992 0.0% $224 / Sq Ft
12/19/2024 12/19/24 Price Changed $424,995 0.0% $224 / Sq Ft
12/09/2024 12/09/24 Price Changed $424,992 0.0% $224 / Sq Ft
12/03/2024 12/03/24 Price Changed $424,980 0.0% $224 / Sq Ft
11/27/2024 11/27/24 Price Changed $424,979 0.0% $224 / Sq Ft
11/23/2024 11/23/24 Price Changed $424,989 0.0% $224 / Sq Ft
11/17/2024 11/17/24 Price Changed $424,995 0.0% $224 / Sq Ft
11/10/2024 11/10/24 Price Changed $424,990 0.0% $224 / Sq Ft
10/25/2024 10/25/24 For Sale $425,000 +823.9% $224 / Sq Ft
05/18/2022 05/18/22 Sold $46,000 -7.8% --
05/18/2022 05/18/22 Pending -- -- --
09/10/2021 09/10/21 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 $1,252 $29,617 $29,617 --
2023 $1,230 $54,539 $23,176 $0
2022 $644 $12,450 $0 $0
2021 $551 $12,000 $12,000 $0
2020 $513 $10,500 $10,500 $0
2019 $478 $10,000 $10,000 $0
2018 $467 $10,000 $10,000 $0
2017 $442 $10,901 $10,901 $0
2016 $405 $9,500 $9,500 $0
2015 $387 $11,000 $11,000 $0
2014 $323 $10,000 $10,000 $0
2013 -- $5,700 $5,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Adrian Sabatino

    Seller's Agent in 2024

    Adrian Sabatino

    Keller Williams Realty Naples

    (239) 273-0601

    5 in this area

    165 Total Sales

    Adrian Sabatino
    Section Image
  • Geary Quinn

    Seller's Agent in 2022

    Geary Quinn

    Realty One Group MVP

    (239) 560-0793

    31 in this area

    76 Total Sales

    Geary Quinn
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221063156

Florida Gulf Coast Multiple Listing Service

APN: 18-43-23-C4-05490.0150

Florida Lee County Cape Coral 33993 Burnt Store

3818 NW 40th Ave, Cape Coral, FL

This home is located at 3818 NW 40th Ave, Cape Coral, FL 33993 and is currently priced at $46,000. 3818 NW 40th Ave 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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