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  • $520,000

    2542 SW 40th Ter, Cape Coral, FL 33914

    --beds
    --baths
    0.39Acres
    Unimproved Land
    Built in ----
    0.39 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,174 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,174/mo

    Zestimate® history
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    What's special

    Discover endless possibilities with this exceptional Gulf-access waterfront lot, perfectly positioned for luxurious living. This prime Cape Coral location offers an OVERSIZED TRIPLE LOT that boasts a brand NEW 10 FT SEAWALL HAS BEEN INSTALLED, creating the perfect foundation for constructing your dream sanctuary. This south-facing lot extends a sprawling 142 feet of water frontage, ensuring breathtaking views and unmatched privacy. Here, your daily backdrop is composed of serene water and the potential for a dock and lift right at your doorstep. Imagine starting each morning with a coffee in hand, gazing out over peaceful waters, perhaps catching sightings of playful dolphins meandering by. For nautical enthusiasts, Cape Harbour Marina stands ready to enhance your boating life, merely minutes from your future doorstep. And if culinary explorations beckon, the local dining scene is just a boat drive away where you can pull up with your boat and enjoy a great evening. Cycling aficionados rejoice! The neighborhood is crisscrossed with scenic bike paths, beckoning you to pedal through paradise. Whether it’s a leisurely ride at dawn or an adventure-filled Saturday, the perfect route is always within reach. Designed for those dreaming of building their forever home, this lot is not just a piece of land, but a canvas awaiting your personal touch. Envision pulling into the driveway of a home designed entirely by you, tailored to every whim and fancy—from the flow of its layout to the luxe finishes that echo your style. Seize the opportunity to live where convenience meets natural beauty, where every day feels like a vacation, and where your future waterfront home awaits. Who says you can’t have it all? Here, it’s not just possible, it’s just a blueprint away. Don’t just chase the good life—build it, right here!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffery Turmell 616-309-3588,

    John R. Wood Properties,

    Jenny Beach 239-201-7567,

    John R. Wood Properties

    Bought with:

    Justin Oben, 258009099

    Pinnacle Property Group

    Source: Florida Gulf Coast MLS,MLS#: 224074838MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Access
    Lot
    • Size: 0.39 Acres
    • Dimensions: 130 x 125 x 142 x 125
    • Features: Multiple lots
    Details
    • Parcel number: 084523C204878.0130
    • Lease amount: $0
    • Zoning description: R1-W

    Utilities & green energy

    • Sewer: Assessment Paid
    • Water: Assessment Paid
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available

    Community & HOA

    Community
    • Features: Boat Facilities
    • Condo and coop fee: $0
    • Membership fee: $0
    • Senior community: Yes
    • Subdivision: CAPE CORAL
    HOA
    • Services included: None
    Location
    • Region: Cape Coral

    Financial & listing details

    • Tax assessed value: $341,411
    • Annual tax amount: $6,528
    • Date on market: 9/11/2024
    • Cumulative days on market: 420 days
    • Listing terms: All Financing Considered,Cash
    • Contingency: Inspection
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/2/2025Sold$520,000-10.2%
    Source: Florida Gulf Coast MLS #224074838 Report a problem
    3/30/2025Pending sale$579,000
    Source: SWFLMLS #224074838 Report a problem
    9/11/2024Listed for sale$579,000-3.3%
    Source: SWFLMLS #224074838 Report a problem
    8/17/2024Listing removed--
    Source: SWFLMLS #224016013 Report a problem
    2/16/2024Listing removed$599,000
    Source: SWFLMLS #224016013 Report a problem
    2/16/2024Listed for sale$599,000
    Source: SWFLMLS #224016013 Report a problem
    2/5/2024Listing removed--
    Source: Florida Gulf Coast MLS #220061428 Report a problem
    4/20/2023Price change$599,000-14.4%
    Source: Florida Gulf Coast MLS #223003152 Report a problem
    2/28/2023Price change$700,000-11.9%
    Source: Florida Gulf Coast MLS #223003152 Report a problem
    1/16/2023Listed for sale$795,000+106.5%
    Source: Florida Gulf Coast MLS #223003152 Report a problem
    5/12/2021Sold$385,000-3.8%
    Source: Florida Gulf Coast MLS #220061428 Report a problem
    3/13/2021Pending sale$400,000
    Source: Florida Gulf Coast MLS #220061428 Report a problem
    3/10/2021Listed for sale$400,000
    Source: Florida Gulf Coast MLS #220061428 Report a problem
    3/1/2021Pending sale$400,000
    Source: Florida Gulf Coast MLS #220061428 Report a problem
    9/27/2020Listed for sale$400,000
    Source: Miloff Aubuchon Realty Group #220061428 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,834 -9.9%$341,411 -7%
    2024$6,473 -0.8%$367,184 +8.8%
    2023$6,528 +16%$337,392 +57.8%
    2022$5,626 +68.8%$213,750 +51.8%
    2021$3,332 -5.9%$140,800 +10%
    2020$3,540 -16.7%$128,000 -26.1%
    2019$4,252 $173,200 +5%
    2018$4,252 +2%$165,000 +12.1%
    2017$4,169 +5.3%$147,207 -4.4%
    2016$3,958 +0.4%$154,000 +11.6%
    2015$3,943 +1.1%$138,000 +6.2%
    2014$3,900 +7.1%$130,000 +42.9%
    2013$3,642 +21.1%$91,000 +22.6%
    2012$3,008 +4.8%$74,250 +10%
    2011$2,871 -18%$67,500 -27.9%
    2010$3,499 +1.6%$93,600 +0.1%
    2009$3,443 -3%$93,500 -22.6%
    2008$3,549 -48.8%$120,750 -61.6%
    2007$6,928 -21.2%$314,780 -19.1%
    2006$8,796 +74.6%$389,130 +177.6%
    2004$5,037 +3.4%$140,160 +10.3%
    2003$4,872 +224.5%$127,080 +100%
    2002$1,501 $63,540 +87.3%
    2000-- $33,920
    Find assessor info on the county website

    Neighborhood: 33914

    Nearby schools

    GreatSchools rating