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Bean Group
Offered at $185,000Active
beds
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baths
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sq ft
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Built
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241 SW 40th Street

Cape Coral, FL 33914

About this home

GULF ACCESS LOT IN PELICAN NEIGHBORHOOD | CITY WATER & SEWER | NO HOA Build your dream home in one of Cape Coral’s most desirable areas! This cleared and level single-family Gulf access lot at 241 SW 40th Street is located in the established Pelican neighborhood, surrounded by beautiful homes and peaceful streets. Enjoy the Southwest Florida lifestyle with a Gulf access canal right in your backyard, allowing you to kayak, fish, or enjoy boating from home. The lot is ready for construction, with city water and sewer already in place and all assessments paid—a significant savings for the future homeowner. Another great feature is the soccer field and park directly across the street, giving you open views and easy access to green space and recreation. Whether you enjoy taking a morning walk, watching a game, or simply having a park nearby, this is a location that offers something a little extra. With single-family residential zoning and no HOA, you have the flexibility to build a full-time residence, seasonal getaway, or investment property. Conveniently located near shopping, dining, schools, parks, and everything Southwest Cape Coral has to offer, this is a fantastic opportunity to build your own waterfront home in the Pelican area. Cleared lot. Gulf access. City water & sewer. Assessments paid. No HOA. Park across the street. Bring your plans and start building the Florida waterfront home you've been dreaming about!

Listing last checked: Listing updated:

Listed by Christine Blasses · Century 21 Selling Paradise · MLS #2026030002

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.23 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$2,317
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $185,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,129 / monthAdjust
Principal & interest
$935
Property tax
$193
Insurance
Not entered
HOA
$0

Listing annual taxes: $2,317. 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. Ter

    $185,000 · Jan 22, 2026

More property insights

Comparable properties 3 supplied

Sold Jul 29, 2026

$170,000

524 Mohawk Parkway

Sold Jul 24, 2026

$189,000

700 SW 47th Street

Sold Jun 3, 2026

$191,000

812 Palmetto Pointe Circle

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About 241 SW 40th Street

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Request a tour of 241 SW 40th Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.