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924 SE 24th Ave Unit A & B Duplex
D+ Composite 45.72
Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +14.7/15.0
  • Cash flow +10.5/30.0
  • Schools +5.8/10.0
  • Condition / age +4.0/5.0
  • Livability +3.9/5.0
  • 1% rule +3.1/10.0
  • DSCR +3.0/10.0
  • Rent growth +0.7/5.0
  • Appreciation +0.0/10.0

$399,000

924 SE 24th Ave Unit A & B · Cape Coral, FL 33990
4 bd · 4.0 ba · 2,472 sqft · MultiFamily · 286 Days on market
Built 1978 Good condition 0.39 ac lot 1-car garage $161/sqft · 16% below area Est $475k · 16% under ↓ 11% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks

Excellent INVESTMENT OPPORTUNITY! This duplex is move-in ready. Live on one side and rent the other, or rent both sides for maximum income. Newer ROOF 2017, A/C Side-B 12/2018, A/C Side-A 9/2024, BRAND NEW ELECTRIC For Both Sides 10/2025, and Side-A inside has been completely re-painted and also offers a fenced back yard! Located ONLY 2 minutes away from ROSEN PARK, which offers a LARGE SALTWATER BOAT LAUNCH!!! Please see the link to view Rosen Park. NO SELLER FINANCING. https://www. capecoral. gov/department/parks_and_recreationhome/rosen_park_boat_ramp. php Don't miss this opportunity, schedule your showing today!

Key facts

  • Fenced back yard
  • Newer roof
  • 0.39 acre lot

Tags

INVESTMENT OPPORTUNITYNEWER ROOFFENCED BACK YARDSALTWATER BOAT LAUNCH

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2 × 2-bed/2.0-bath units multifamily listed at $399k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-630 ($-8k/yr) — negative. Per door: $-315/mo.
  • To cash-flow at today's rent, offer at most $308k (22.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $323k (19.0% below list).
  • Recommended offer: $308k (22.8% below list) — sets the bar for cash-flow.
  • Cap rate 5.7% vs local median 3.1% in Cape Coral — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 77/100 on livability (#208 in FL, #3,098 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities B+; Watch: commute F.
  • Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Gulf Elementary School (math 70% / reading 65%, grade B+, #435 of 2,144 statewide, top 21%, 1,231 students, 38% FRL); Challenger Middle School (math 59% / reading 56%, grade B, #157 of 571 statewide, top 28%, 1,124 students, 50% FRL); Ida S. Baker High School (math 44% / reading 47%, grade D-, #223 of 667 statewide, top 34%, 1,933 students, 39% FRL) — zoned schools average 42% FRL vs 57% district-wide (15 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents falling (-7.1%/yr); 762 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 30d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
  • Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 286 days — a 12% lower offer ($351k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→32/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $307,857 (22.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 286 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
  3. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  4. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  5. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  6. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  9. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  10. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  11. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  12. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.81% ✗
Cap rate
5.68%
Cash-on-cash
-2.18%
DSCR
0.90
GRM
10.3

CMA / ARV

ARV (median comp)
$475,294
List price
$399,000
Delta
-16.05%
Verdict
UNDERPRICED
Comps
13 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1864 Marina Cir 0.56mi 4/3.0 2,440 (-1%) 1mo $495,000 $203 67
2213 SE 16th St 0.80mi 4/2.5 2,485 (+0%) 0mo $636,000 $256 58
12710 Olde Banyon Blvd 1.47mi 3/3.0 (-1) 2,583 (+4%) 0mo $425,000 $165 48
4536 Vinsetta Ave 0.96mi 4/2.0 2,307 (-7%) 0mo $460,000 $199 46
1725 SE 3rd St 1.16mi 5/3.0 (+1) 2,618 (+6%) 1mo $470,000 $180 46
1303 SE 20th Ct 0.59mi 4/3.0 2,880 (+16%) 1mo $725,000 $252 43
1823 SE 4th St 0.98mi 3/2.0 (-1) 2,185 (-12%) 0mo $383,000 $175 32
237 SE 20th Ct 0.91mi 4/2.0 1,900 (-23%) 0mo $435,000 $229 32
1318 SE 12th St 1.42mi 3/2.0 (-1) 1,958 (-21%) 0mo $207,500 $106 27
1625 Silverwood Ct 1.46mi 3/2.0 (-1) 2,076 (-16%) 1mo $370,000 $178 26
1716 SE 8th Ter 0.83mi 3/2.0 (-1) 1,945 (-21%) 1mo $339,000 $174 26
4708 Orange Grove Blvd 1.08mi 3/2.0 (-1) 1,942 (-21%) 1mo $265,000 $136 26

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-32.0%
Equity multiple
-0.02×
Total profit
$-113,936
Equity at exit
$59,492
10-year hold
IRR
-62.9%
Equity multiple
-0.67×
Total profit
$-186,223
Equity at exit
$34,498

Cash invested: $111,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Active competition Active MLS

For sale now
6 active · 1 under contract
Median asking
$457,000 ($187/sqft)
Median days on market
132 d
This list price
33% of active listings are priced below it
ARV vs active asking
+2.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33990

Rents YoY
-7.1%
Active inventory
762
Price-to-rent
20.6×

Monthly cashflow live

Estimated rent
$3,233 high interval (Pro) →
Mortgage (P&I)
−$2,092
Tax est. 1.5%
−$499 /mo · $5,985/yr
Insurance
−$166
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
−$0
Vacancy / Maint / Mgmt
−$679
Net cashflow
$-630

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $3,233

Break-even live

Break-even rent $4,030
Max offer price $307,857
Occupancy floor —

Sensitivity live

Price -10% $-354 -5% $-492 +0% $-630 +5% $-768 +10% $-906
Rent -10% $-885 -5% $-758 +0% $-630 +5% $-502 +10% $-374
Rate -1.0pp $-429 -0.5pp $-528 base $-630 +0.5pp $-733 +1.0pp $-838

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$99,750
Closing costs
$11,970
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
938 SE 24th Ave Cape Coral, FL 3.0 4.0 1200 $1,375 $1.15 164d 1 0.05mi
940 SE 24th Ave Cape Coral, FL 2.0 1.0 — $1,299 — 157d 1 0.06mi
933 SE 24th Ave Unit A Cape Coral, FL 3.0 1.5 1150 $1,500 $1.30 29d 1 0.07mi
933 SE 24th Ave Unit A Cape Coral, FL 3.0 1.5 1150 $1,500 $1.30 10d 1 0.07mi
929 SE 24th Ave Unit A Cape Coral, FL 2.0 1.0 792 $1,250 $1.58 157d 1 0.07mi
903 SE 23rd Pl Unit B Cape Coral, FL 3.0 2.0 1250 $1,600 $1.28 29d 1 0.09mi
903 SE 23rd Pl Cape Coral, FL 3.0 1.0 2360 $1,600 $0.68 10d 1 0.09mi
903 SE 23rd Pl Cape Coral, FL 3.0 1.0 2360 $1,600 $0.68 29d 1 0.09mi
903 SE 23rd Pl Unit B Cape Coral, FL 3.0 2.0 1250 $1,600 $1.28 10d 1 0.09mi
2330 SE 8th Ter Cape Coral, FL 3.0 2.5 1900 $2,500 $1.32 164d 1 0.15mi
2330 SE 8th Ter Cape Coral, FL 3.0 2.5 1900 $2,800 $1.47 116d 1 0.15mi
1024 SE 24th Ave Cape Coral, FL 2.0 1.0 1300 $1,295 $1.00 164d 1 0.16mi
1028 SE 24th Ave Unit A Cape Coral, FL 2.0 1.0 2538 $1,400 $0.55 22d 1 0.18mi
1028 SE 24th Ave Unit A Cape Coral, FL 2.0 1.0 2538 $1,400 $0.55 10d 1 0.18mi
815 SE 24th Ave Cape Coral, FL 2.0 2.0 1250 $1,797 $1.44 164d 1 0.19mi
2130 SE 9th Ter Cape Coral, FL 3.0 2.0 1986 $2,055 $1.03 138d 1 0.20mi
1101 SE 24th Ave Cape Coral, FL 3.0 2.0 1360 $1,595 $1.17 10d 1 0.20mi
1104 SE 24th Ave #1104 Cape Coral, FL 3.0 2.0 — $1,600 — 5d 1 0.20mi
1031 SE 24th Ave Cape Coral, FL 3.0 2.0 1360 $1,595 $1.17 10d 1 0.20mi
5860 Littlestone Ct North Fort Myers, FL 2.0 2.0 1000 $1,375 $1.38 116d 1 0.21mi
811 SE 24th Ave Cape Coral, FL 3.0 2.0 1209 $1,600 $1.32 10d 1 0.21mi
811 SE 24th Ave Cape Coral, FL 3.0 2.0 1209 $1,600 $1.32 55d 1 0.21mi
5917 Littlestone Ct North Fort Myers, FL 2.0 2.5 1118 $1,462 $1.31 164d 2 0.22mi
1111 SE 23rd Pl Unit 3 Cape Coral, FL 2.0 2.0 992 $1,250 $1.26 162d 1 0.23mi
2129 Viscaya Pkwy Cape Coral, FL 3.0 2.0 1900 $2,600 $1.37 55d 1 0.23mi
5828 Littlestone Ct North Fort Myers, FL 2.0 2.0 1221 $1,900 $1.56 164d 1 0.24mi
803 SE 24th Ave Cape Coral, FL 2.0 2.0 1191 $1,399 $1.17 10d 1 0.25mi
803 SE 24th Ave Cape Coral, FL 2.0 2.0 1191 $1,399 $1.17 55d 1 0.25mi
5917 Littlestone Ct #118 North Fort Myers, FL 2.0 2.5 1122 $1,395 $1.24 144d 1 0.25mi
5827 Littlestone Ct North Fort Myers, FL 2.0 2.0 1372 $1,500 $1.09 164d 1 0.26mi
715 SE 24th Ave Unit 715 Cape Coral, FL 3.0 2.0 1182 $1,700 $1.44 10d 1 0.26mi
715 SE 24th Ave Unit 715 Cape Coral, FL 3.0 2.0 1182 $1,800 $1.52 164d 1 0.26mi
715 SE 24th Ave Unit 715 Cape Coral, FL 3.0 2.0 1182 $1,800 $1.52 162d 1 0.26mi
2202 SE 8th St Cape Coral, FL 3.0 2.0 1485 $3,295 $2.22 164d 1 0.28mi
707 SE 24th Ave Apt 4 Cape Coral, FL 2.0 2.0 1065 $1,275 $1.20 38d 1 0.29mi
707 SE 24th Ave Apt 4 Cape Coral, FL 2.0 2.0 1065 $1,275 $1.20 10d 1 0.29mi
1209 SE 23rd Pl Cape Coral, FL 2.0 2.0 1074 $1,595 $1.49 14d 1 0.29mi
1209 SE 23rd Pl Cape Coral, FL 2.0 2.0 1074 $1,595 $1.49 10d 1 0.29mi
1206 SE 23rd Pl Cape Coral, FL 3.0 2.0 1226 $2,700 $2.20 10d 1 0.29mi
1214 SE 24th Ave Unit 1214 Cape Coral, FL 3.0 2.0 1205 $1,450 $1.20 17d 1 0.30mi

Property features AI

Finance

Financial info
Tenants pay electricity and waterPets allowed
HOA & community
Community amenities include a boat ramp and parkNon-gated community

Exterior

Parking
Each unit includes an attached 1-car garage
Security
Smoke detectors
Utilities
Cable availablePublic water (assessments paid)Sewer assessments paid
Home design
Multifamily property with 2 units in 1 buildingResale propertyZoned R3-D
Construction
Block, concrete and stucco constructionShingle roof
Exterior features
Fenced yardRectangular lotPaved, public-maintained road accessLot dimensions: 122 x 141 x 122 x 141

Interior

Kitchen
DishwasherDisposalMicrowaveRangeRefrigerator (one unit includes freezer)
Bedrooms
Two 2-bedroom units (one 1,176 sq ft, one 1,296 sq ft)
Flooring
LaminateTile
Bathrooms
Each unit has 2 full bathrooms (4 full bathrooms total)
Heating & cooling
Central heating (electric)Central air conditioning (electric)
Interior features
Single hung windowsCeiling fansScreened lanai/porchCable availableSmoke detectors
Laundry & utility
Laundry in garage for each unit

Listing history 50 events

  1. 2026-08-28
    days on market $399,000 Active 286 DOM
  2. 2026-08-26
    days on market $399,000 Active 284 DOM
  3. 2026-08-24
    days on market $399,000 Active 282 DOM
  4. 2026-08-23
    days on market $399,000 Active 281 DOM
  5. 2026-08-21
    days on market $399,000 Active 279 DOM
  6. 2026-08-20
    days on market $399,000 Active 278 DOM
  7. 2026-08-19
    days on market $399,000 Active 277 DOM
  8. 2026-08-18
    days on market $399,000 Active 276 DOM
  9. 2026-08-16
    days on market $399,000 Active 274 DOM
  10. 2026-08-15
    days on market $399,000 Active 273 DOM
  11. 2026-08-13
    days on market $399,000 Active 271 DOM
  12. 2026-08-11
    days on market $399,000 Active 269 DOM
  13. 2026-08-10
    days on market $399,000 Active 268 DOM
  14. 2026-08-09
    days on market $399,000 Active 267 DOM
  15. 2026-08-06
    days on market $399,000 Active 264 DOM
  16. 2026-08-05
    days on market $399,000 Active 263 DOM
  17. 2026-08-04
    days on market $399,000 Active 262 DOM
  18. 2026-07-28
    days on market $399,000 Active 255 DOM
  19. 2026-07-26
    days on market $399,000 Active 253 DOM
  20. 2026-07-24
    days on market $399,000 Active 251 DOM
  21. 2026-07-23
    days on market $399,000 Active 250 DOM
  22. 2026-07-22
    days on market $399,000 Active 249 DOM
  23. 2026-07-21
    days on market $399,000 Active 248 DOM
  24. 2026-07-18
    days on market $399,000 Active 245 DOM
  25. 2026-07-18
    days on market $399,000 Active 244 DOM
  26. 2026-07-16
    days on market $399,000 Active 243 DOM
  27. 2026-07-15
    days on market $399,000 Active 242 DOM
  28. 2026-07-13
    days on market $399,000 Active 240 DOM
  29. 2026-07-13
    days on market $399,000 Active 239 DOM
  30. 2026-07-12
    days on market $399,000 Active 238 DOM
  31. 2026-07-10
    days on market $399,000 Active 237 DOM
  32. 2026-07-10
    days on market $399,000 Active 236 DOM
  33. 2026-07-07
    days on market $399,000 Active 234 DOM
  34. 2026-07-06
    days on market $399,000 Active 233 DOM
  35. 2026-07-05
    days on market $399,000 Active 232 DOM
  36. 2026-07-02
    days on market $399,000 Active 229 DOM
  37. 2026-07-01
    days on market $399,000 Active 228 DOM
  38. 2026-06-30
    days on market $399,000 Active 227 DOM
  39. 2026-06-29
    days on market $399,000 Active 226 DOM
  40. 2026-06-28
    days on market $399,000 Active 225 DOM
  41. 2026-06-25
    days on market $399,000 Active 221 DOM
  42. 2026-06-22
    days on market $399,000 Active 219 DOM
  43. 2026-06-22
    days on market $399,000 Active 218 DOM
  44. 2026-06-17
    days on market $399,000 Active 214 DOM
  45. 2026-06-16
    days on market $399,000 Active 213 DOM
  46. 2026-06-16
    days on market $399,000 Active 212 DOM
  47. 2026-06-13
    days on market $399,000 Active 210 DOM
  48. 2026-06-09
    days on market $399,000 Active 206 DOM
  49. 2026-06-07
    days on market $399,000 Active 204 DOM
  50. 2026-06-02
    days on market $399,000 Active 199 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone AE · 75% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 32 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$38,796
− Mortgage interest
−$22,350
− Property taxes
−$5,985
− Insurance
−$7,114
− Repairs & maintenance
−$3,104
− Management
−$3,104
− Depreciation
−$11,607
Taxable loss
−$14,467
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,472
After-tax cash flow
$-4,086/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $12,360–$37,080 screening

This multi-family property is in good condition with a good roof, exterior, and interior. It has dated kitchen and bathroom fixtures that could be updated for a more modern look. Painting the exterior and updating the kitchen and bathrooms would significantly increase its value.

Repairs flagged

  • Minor Kitchen cabinetry — The cabinetry is dated and could be updated for a more modern look.
  • Minor Bathroom fixtures — The fixtures are dated and could be replaced for a more modern look.

Value-add opportunities

  • Both Painting the exterior — Painting the exterior can improve the curb appeal and increase the home's value. ↑
  • Both Updating the kitchen cabinetry and appliances — Updating the kitchen can improve the home's functionality and increase its value. ↑
  • Both Updating the bathrooms — Updating the bathrooms can improve the home's functionality and increase its value. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 58/100

Zoned Schools

Elementary Caloosa Elementary School B FL #601/2,144 Nat'l #6,111/41,679 Middle Caloosa Middle School D FL #310/571 Nat'l #4,622/14,009 High North Fort Myers High School B FL #73/667 Nat'l #2,694/17,239

Schools (NCES district)

District
Lee
NCES district ID
1201080
Math proficiency
47% ▼ -11.00%
Reading proficiency
50% ▼ -4.00%
Median HH income
$49,518
Composite
41.49/100
National rank
#3458
State rank
#42 of 73 in FL
B Composite livability gradescore 77/100

Livability — Cape Coral

Score
77/100
State rank
#208
US rank
#3098

Category grades

Amenities B+ Commute F Cost of living B Crime B- Employment C+ Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cape Coral, FL
County
Lee County · 871,946 people
City population
217,388
Metro
Cape Coral-Fort Myers, FL
Population (ZIP)
34,713
Household income
$70,665
Rent vs Own
27.4% rent · 72.6% own
Severe rent burden
18% of renters

Population outlook (Lee County) Hauer SSP2

Today (2025)
871,946 people
By 2030
955,468 · +9.6%
By 2040
1,113,587 · +27.7%
By 2050
1,256,891 · +44.1%
By 2075
1,560,270 · +78.9%
By 2100
1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Hispanic / Latino 26% Two or more races 17% Asian 3% Black 3%
Hispanic origin (detail)
Mexican 4% Puerto Rican 5% Cuban 8% Dominican 2%
Languages at home
74% English-only · Spanish 20% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Lee

2024 margin
Strong R (+28.4) · D 35.5% · R 63.9%
2008→2024 swing
-18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
All cycles
2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

Civics
—

Price history

-11.3% since first listed
2 events — show timeline
  • 2026-05-12 Price Changed $399,000 FORTMLS
  • 2025-11-10 Listed $450,000 FORTMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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