$250,000

531 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $1,505/month

Total Views 3,262
0.23 Acre
$1,086,957 Price per Acre
10,019 Sq Ft Lot

Highlights

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

About This Lot

Own Your Own Piece Of Paradise * City utilities with all assessments paid * Gulf Access On Bonnie Canal

Listing Agent

Amanda Hawkins

John R. Wood Properties License #258029406 Listed on: 06/23/2022

John R. Wood Properties

Co-Listing Agent

Denise Corey

John R. Wood Properties License #258000687

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,449

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

Additional Features

  • Canal Views
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 5 / 1729
  • Assessor Parcel Number 11-45-23-C1-01729.0050

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,449

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
  • Co List Office Mls Id: VIPR01
  • Co List Office Phone: 239-489-1100
  • Subdivision Name: CAPE CORAL
  • Directions: Take Cape Coral Parkway West to Skyline Boulevard. Turn right (north) onto Skyline Blvd and take that to SW 40th Terrace and turn right. Lot os almost to the end on the left.
  • 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: None
  • Utilities: None, Sewer Not Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 11-45-23-C1-01729.0050
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1449.42
  • Tax Block: 1729
  • Tax Lot: 5
  • Tax Year: 2021

Map

Range of Values:

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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 $2,195 $78,461 -- --
2023 $1,742 $71,328 $0 $0
2022 $1,456 $64,844 $0 $0
2021 $1,449 $65,000 $65,000 $0
2020 $1,355 $59,000 $59,000 $0
2019 $1,278 $60,900 $60,900 $0
2018 $1,226 $58,000 $58,000 $0
2017 $1,132 $52,003 $52,003 $0
2016 $1,086 $53,000 $53,000 $0
2015 $932 $37,600 $37,600 $0
2014 -- $40,300 $40,300 $0
2013 -- $27,500 $27,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $210,000 -75.6% --
06/30/2025 06/30/25 Price Changed $859,000 -4.4% $397 / Sq Ft
06/12/2025 06/12/25 For Sale $899,000 +299.6% $416 / Sq Ft
06/06/2025 06/06/25 For Sale $225,000 0.0% --
06/06/2025 06/06/25 Off Market $225,000 -- --
05/08/2025 05/08/25 For Sale $225,000 -10.0% --
06/23/2022 06/23/22 For Sale $250,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $113,000 Landsel Title
Warranty Deed $113,000 Landsel Title
Warranty Deed $47,000 First Priority Title Llc
Warranty Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,700 New Conventional
Closed $101,700 New Conventional
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222046927

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C1-01729.0050

Florida Lee County Cape Coral 33914 Pelican

531 SW 40th Terrace, Cape Coral, FL

This home is located at 531 SW 40th Terrace, Cape Coral, FL 33914 and is currently priced at $250,000. 531 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa 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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Listing Agent
Amanda Hawkins
Section Image
John R. Wood Properties
(239) 320-7257