Imagine building your dream home along the peaceful freshwater waters of Gator Slough. This cleared waterfront lot is located in highly desirable North Cape Coral and offers a wonderful opportunity to enjoy a beautiful natural setting while still being conveniently close to everything Cape Coral has to offer. With desirable southern rear exposure, you can enjoy your waterfront setting while taking in the natural beauty that makes Southwest Florida so special. The canal offers opportunities for kayaking, boating, fishing, and enjoying the peaceful surroundings. Located in Flood Zone X, this property is surrounded by new construction and ongoing development, making North Cape Coral an exciting area to build and invest. Shopping, dining, entertainment, parks, and major roadways are all conveniently nearby. Looking for even more space? The adjacent lot is also available for purchase, creating a fantastic opportunity for a buyer who would like to own both lots and enjoy an even larger homesite or investment opportunity. Cleared, waterfront, freshwater, southern rear exposure, and ideally located in North Cape Coral, your dream home starts here.
25 days on market · Listing updated September 4, 2026
| Date | Event | Price |
|---|---|---|
| Sep 3, 2026 | Original list price | $55,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Carla Kluch, Weichert Realtors Agency ONE
$55,000
1246 NE 40th ST, CAPE CORAL
$793
est. monthly payment
Estimate only — actual payment depends on your lender, credit profile, and final loan terms.
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.