3923 NW 40th Street Cape Coral, FL 33993
For Sale MLS# 2026011878
0.24 Acres Lot/Land
Details for 3923 NW 40th Street
MLS# 2026011878
Description for 3923 NW 40th Street, Cape Coral, FL, 33993
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.
Listing Information
Property Type: Lot/Land, Residential, Residential,Unimproved Land
Status: Active
Lot Size: 0.24 Acres
Subdivision: Cape Coral
Current Use: Single Family
County: Lee
Days On Market: 42
Utilities
Other Utilities: Trash Collection,Sewer Not Available,Water Not Available
Exterior / Lot Features
Lot View: Landscaped
Lot Dimensions: 85 x 125 x 85 x 125
Zoning: R1-D
Additional Exterior/Lot Features: Cleared, Oversized Lot
Community Features
Community Features: Boat Facilities, Non-Gated
Driving Directions
Burnt Store Rd to Kismet Pkwy W, North on Old Burnt Store Rd to right on NW 40th Terrace, right on NW 40th Av, left on NW 40th St. Destination will be on the left.
Financial Considerations
Terms: All Financing Considered,Cash
Tax/Property ID: 18-43-23-C4-05504.0450
Tax Amount: 818.12
Tax Year: 2025
A broker reciprocity listing courtesy: Encore Realty Services Inc
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Copyright 2026 FGCMLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3923 NW 40th Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3923 NW 40th Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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