Skip main navigation
Contingent inspection
  • $23,500

    3923 NW 40th St, Cape Coral, FL 33993

    --beds
    --baths
    10,628Square Feet
    Unimproved Land
    Built in ----
    10,628 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Peaceful residential feelStandard residential homesiteLarger homesitesOff-water lotQuiet residential settingFully cleared lot
    OPPORTUNITY KNOCKS IN NW CAPE CORAL! Here’s your chance to secure a standard residential homesite in one of the most desirable and rapidly growing areas of Northwest Cape Coral. Located just off OLD BURNT STORE ROAD, this fully cleared lot sits among a collection of NEW AND NEWER HOMES, creating an attractive neighborhood setting where quality construction continues to shape the area’s future. With new builds appearing throughout the surrounding streets, this is the kind of location buyers and builders are seeking when looking for a quiet residential setting with long-term upside. This property offers the flexibility to build now or hold as an investment while development continues to move steadily north and west in the Cape. Off-water lots like this remain one of the smartest ways to secure a foothold in Cape Coral without paying the premium price and higher taxes that waterfront properties command. Many local residents choose this strategy—owning an off-water home while keeping their boat on a trailer or at a nearby marina, allowing them to enjoy the same incredible waterways without the added carrying costs of waterfront ownership. Cape Coral is world famous for its more than 400 miles of canals and endless opportunities for boating, fishing and waterfront recreation. While a quarter of those canals lead directly to the Gulf of Mexico, the beauty of living in this part of the city is that you’re just minutes from several public boat ramps and marinas that put you quickly into open water. From nearby BURNT STORE MARINA, boaters can easily reach CHARLOTTE HARBOR, BOCA GRANDE PASS, CAYO COSTA, CABBAGE KEY and the legendary fishing grounds of MATLACHA PASS. Anglers from around the world come to these waters in search of tarpon, snook and redfish. Beyond the water, NW Cape continues to attract buyers because of its relaxed pace, larger homesites and beautiful newer construction homes. The area is close to CORAL OAKS GOLF COURSE, local parks, schools, shopping, dining and everyday conveniences, while still maintaining the peaceful residential feel that so many people are seeking when they move to SW Florida. Another exciting factor for this location is its proximity to the future SEVEN ISLANDS PROJECT, a planned waterfront destination that is expected to bring restaurants, boutique shops, marinas, waterfront boardwalks, kayaking access and a variety of entertainment options to the Northwest Cape area. This large-scale redevelopment is designed to become a signature waterfront gathering place for residents and visitors alike, adding long-term value and vibrancy to the surrounding neighborhoods. Build your dream home, hold as a long-term investment, or secure a piece of Southwest Florida while prices remain favorable. Cape Coral continues to be recognized as one of the country’s top destinations for waterfront lifestyle, affordability and quality of life. City notation of tortoise nest, buyer to verify and do their own due diligence. NO verbal offers.
    136 days
    |
    38
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paula Hellenbrand 239-770-4722,

    Encore Realty Services Inc,

    Richard Hellenbrand 239-770-4726,

    Encore Realty Services Inc

    Source: Florida Gulf Coast MLS,MLS#: 2026011878MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Landscaped
      • Waterfront features: None
      Lot
      • Size: 10,628 Square Feet
      • Dimensions: 85 x 125 x 85 x 125
      • Features: Cleared, Oversized Lot
      • Residential vegetation: Grassed
      Details
      • Parcel number: 184323C405504.0450
      • Lease amount: $0
      • Zoning description: R1-D

      Utilities & green energy

      • Sewer: None
      • Water: None
      • Utilities for property: Trash Collection, Sewer Not Available, Water Not Available

      Community & HOA

      Community
      • Features: Boat Facilities, Non-Gated
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: CAPE CORAL
      HOA
      • Amenities included: None
      • Services included: None
      Location
      • Region: Cape Coral

      Financial & listing details

      • Tax assessed value: $25,840
      • Annual tax amount: $818
      • Date on market: 3/11/2026
      • Cumulative days on market: 136 days
      • Listing terms: All Financing Considered,Cash
      • Contingency: Inspection
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/19/2026Pending sale$23,500
        Source: Florida Gulf Coast MLS #2026011878 Report a problem
        4/22/2026Price change$23,500-4.1%
        Source: Florida Gulf Coast MLS #2026011878 Report a problem
        3/12/2026Listed for sale$24,500-72.8%
        Source: Florida Gulf Coast MLS #2026011878 Report a problem
        10/1/2005Sold$90,000+80%
        Source: Public Record Report a problem
        12/16/2004Sold$50,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$818 +11%$9,664 +10%
        2024$737 +5.5%$8,785 +10%
        2023$699 +31.7%$7,986 +10%
        2022$531 +13%$7,260 +10%
        2021$469 +7.4%$6,600 +10%
        2020$437 -6%$6,000 -35.5%
        2019$465 $9,300
        2018$465 +2.2%$9,300 +26.6%
        2017$455 +10.9%$7,348 +16.6%
        2016$410 +9.2%$6,300 +5%
        2015$376 +13.7%$6,000 +10.1%
        2014$331 +22.1%$5,452 +36.3%
        2013$271 +46.9%$4,000 +14.3%
        2012$184 -7.8%$3,500 -20.5%
        2011$200 -18.1%$4,400 -27.9%
        2010$244 -5.9%$6,100 -15.3%
        2009$260 -20%$7,200 -52%
        2008$325 -44.7%$15,000 -50%
        2007$588 -56.8%$30,000 -58.3%
        2006$1,360 +484.6%$72,000 +706.3%
        2004$233 +135.9%$8,930 +215.5%
        2003$99 +48.2%$2,830 +88.7%
        2002$67 $1,500 -35.6%
        2000-- $2,330
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33993

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes