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Bean Group
Offered at $59,900Active
beds
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baths
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sq ft
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Built
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1226 NE 40th Street

Cape Coral, FL 33909

About this home

Build your new home on this beautiful fresh waterfront lot (.24 acres) in NE Cape Coral with wide freshwater canal views where you can cruise down the canal & enjoy fishing, scenery, & relaxation. Newer upscale homes are already located nearby. Cape Coral, Florida, is famous for its over 400 miles of navigable waterways—the most extensive canal system in the world. Located in Southwest Florida, in Gator Cir community on Slough Canal between Opa Locka Canal and Olmer Canal with view of Brother Canal. Cape Coral boater's paradise offers unique waterfront living, outdoor recreation, and a suburban lifestyle. Cape Coral Parks and Recreation is extremely active and provides services for citizens and visitors throughout the City. Consisting of more than 39 locations (1,595 acres), the Department features waterfront parks, playgrounds, athletic complexes, community centers, tennis amenities, a youth center and skate park, boat ramps, and several public golf courses.

Listing last checked: Listing updated:

Listed by Deb Lau · ERA Cape Realty · MLS #2026026261

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.244 acres
Water
None
Sewer
None
Waterfront
Y
Financial3 property facts
Annual taxes
$924
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $59,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$380 / monthAdjust
Principal & interest
$303
Property tax
$77
Insurance
Not entered
HOA
$0

Listing annual taxes: $924. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Lsd

    $700 · Oct 14, 2020

  2. Lsd

    $1,100 · Aug 21, 2020

  3. Sld

    $309,900 · Sold $300,000 · Mar 11, 2020

  4. Sld

    $199,900 · Sold $185,000 · Sep 9, 2014

More property insights

Comparable properties 3 supplied

Sold Jun 8, 2026

$55,000

4230 NE 17th Avenue

Sold Apr 30, 2026

$60,000

2216 NE 15th Avenue

Sold Jun 5, 2026

$57,000

1227 NE 18th Terrace

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About 1226 NE 40th Street

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