Fourplex
4902 Victoria Dr #1 · Cape Coral, FL
Flood risk 9/10 · Severe
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 30 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- 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).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +4.1/10.0
- Livability +3.9/5.0
- Condition / age +2.5/5.0
- Rent growth +1.1/5.0
- Appreciation +0.0/10.0
$359,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed
Listing remarks MLS
Four unit money maker in Downtown Cape Coral. Currently grossing $45,600 per year with net income of almost $30,000 per year. Agents please see CAP Analysis in the attached documents. All tile with some newer windows. Affordable wall and window units for air conditioning helps to keep expenses low. A large fenced backyard with shade trees makes this a tropical escape. Plenty of parking and walking distance to all the restaurants, festivals and nightlife Downtown Cape Coral offers. With 30% down and a 3.5% loan you will make an 11.5% RETURN ON YOUR MONEY.
Key facts
- Cape coral
- Lots of parking
- Covered screen patio
Tags
Property features AI
Finance
- Other: Pets allowed; Tenants pay application fee
- Financial info: Gross scheduled income: $49,200; Unit rents (actual/pro forma): one-bed units approx. $900–$950; two-bed unit $1,250
- HOA & community: No association fee
Exterior
- Utilities: Public water; Public sewer; Cable available
- Home design: Multi-family property with 4 total units; Resale condition; Zoned RML
- Construction: Block, concrete and stucco construction; Shingle roof
- Exterior features: Patio; Corner lot
Interior
- Kitchen: Range (in some units); Refrigerator (in some units)
- Bedrooms: Three one-bedroom units; One two-bedroom unit
- Flooring: Tile
- Bathrooms: Four full bathrooms total
- Heating & cooling: Window-unit cooling; Window-unit heating
- Interior features: Single-hung windows; Tile flooring; Screened lanais/porches on units
- Laundry & utility: Washer/dryer hookup (in at least one unit)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4 × 3-bed/4.0-bath units multifamily listed at $360k.
Deal economics
- At list price, monthly cash flow is $2k ($24k/yr) — positive. Per door: $494/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($6k rent vs $360k).
- Recommended offer: $355k (1.5% below list) — sets the bar for market timing.
- Cap rate 14.3% 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.
- Market conditions: Rents falling (-5.5%/yr); 820 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- At $6,183/mo this rent would consume 104% of the median local household income ($71k/yr) (locally 1182% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k 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.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $101k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 25 days — a 2% lower offer ($355k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 8y ago; this cycle's ask has dropped $56k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
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→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.72% ✓
- Cap rate
- 14.31%
- Cash-on-cash
- 28.62%
- DSCR
- 2.27
- GRM
- 4.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 12.9%
- Equity multiple
- 1.49×
- Total profit
- $49,845
- Equity at exit
- $53,677
- IRR
- 19.1%
- Equity multiple
- 2.36×
- Total profit
- $136,983
- Equity at exit
- $31,126
Cash invested: $100,800 (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
ZIP-level market 33904
- Rents YoY
- -5.5%
- Active inventory
- 820
- Price-to-rent
- 19.4×
Monthly cashflow live
- Estimated rent
- $6,183 medium interval (Pro) →
- Mortgage (P&I)
- −$1,888
- Tax from tax record
- −$443 /mo · $5,312/yr
- Insurance
- −$150
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,298
- Net cashflow
- $1,978
Break-even live
Sensitivity live
| Price | -10% $2,181 | -5% $2,079 | +0% $1,978 | +5% $1,876 | +10% $1,774 |
|---|---|---|---|---|---|
| Rent | -10% $1,489 | -5% $1,733 | +0% $1,978 | +5% $2,222 | +10% $2,466 |
| Rate | -1.0pp $2,159 | -0.5pp $2,069 | base $1,978 | +0.5pp $1,884 | +1.0pp $1,789 |
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 4× units | 3 | 4 | $6,184 |
| #1 | 3 | 4 | $1,546 |
| #2 | 3 | 4 | $1,546 |
| #3 | 3 | 4 | $1,546 |
| #4 | 3 | 4 | $1,546 |
| Total (4 units) | $6,183 | ||
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
- $90,000
- Closing costs
- $10,800
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5105 Coronado Pkwy Apt 103 Cape Coral, FL | 3.0 | 2.0 | 1333 | $1,650 | $1.24 | 24d | 1 | 0.22mi |
| 712 SE 47th St Unit Left Side Cape Coral, FL | 2.0 | 1.0 | 1740 | $1,800 | $1.03 | 15d | 1 | 0.30mi |
| 5135 Coronado Pkwy Cape Coral, FL | 2.0 | 2.0 | 1406 | $1,625 | $1.16 | 22d | 4 | 0.32mi |
| 724 Sesame Ct Cape Coral, FL | 2.0 | 1.0 | 1240 | $1,650 | $1.33 | 4d | 1 | 0.44mi |
| 4520 SE 9th Ave Cape Coral, FL | 3.0 | 2.0 | 1329 | $4,000 | $3.01 | 24d | 1 | 0.44mi |
| 621 SE 46th Ter Cape Coral, FL | 3.0 | 2.0 | 1360 | $1,450 | $1.07 | 15d | 1 | 0.45mi |
| 5221 York Ct Cape Coral, FL | 3.0 | 2.0 | 1300 | $2,600 | $2.00 | 24d | 1 | 0.51mi |
| 440 Cape Coral Pkwy E Cape Coral, FL | 3.0 | 1.0–2.0 | 1003 | $4,550 | $4.53 | 2d | 95 | 0.54mi |
| 5211 Pocatella Ct Cape Coral, FL | 4.0 | 3.0 | 2322 | $4,500 | $1.94 | 24d | 1 | 0.60mi |
| 1453 Venetian Ct Cape Coral, FL | 3.0 | 3.0 | 1567 | $2,500 | $1.60 | 24d | 1 | 0.62mi |
| 408 Tudor Dr Cape Coral, FL | 2.0 | 2.0 | 1389 | $2,500 | $1.80 | 4d | 1 | 0.64mi |
| 1424 Windsor Ct Cape Coral, FL | 3.0 | 2.0 | 1957 | $7,500 | $3.83 | 24d | 1 | 0.69mi |
| 5240 Tower Dr Cape Coral, FL | 4.0 | 2.5 | 2337 | $8,380 | $3.59 | 24d | 1 | 0.72mi |
| 4535 SE 14th Pl Cape Coral, FL | 3.0 | 2.0 | 1613 | $3,800 | $2.36 | 24d | 1 | 0.74mi |
| 251 SE 46th St Cape Coral, FL | 3.0 | 2.5 | 1370 | $4,500 | $3.28 | 24d | 1 | 0.82mi |
| 5367 Coral Ave Cape Coral, FL | 3.0 | 2.0 | 1436 | $1,900 | $1.32 | 20d | 1 | 0.92mi |
| 1628 SE 46th St #6 Cape Coral, FL | 2.0 | 2.0 | 1347 | $3,500 | $2.60 | 24d | 1 | 0.94mi |
| 1625 SE 46th St Unit 2B Cape Coral, FL | 2.0 | 2.0 | 1282 | $1,500 | $1.17 | 24d | 1 | 0.95mi |
| 1426 SE 43rd Ter Cape Coral, FL | 3.0 | 3.0 | 1872 | $2,950 | $1.58 | 24d | 1 | 0.96mi |
| 206 SE 46th Ter Cape Coral, FL | 3.0 | 2.0 | 1739 | $1,949 | $1.12 | 24d | 1 | 0.96mi |
| 1726 Bikini Ct Unit L Cape Coral, FL | 2.0 | 1.0 | 1300 | $1,800 | $1.38 | 4d | 1 | 0.97mi |
| 4331 SE 1st Ave Cape Coral, FL | 3.0 | 2.0 | 1336 | $2,400 | $1.80 | 24d | 1 | 1.10mi |
| 120 SE 46th St Cape Coral, FL | 3.0 | 2.0 | 1993 | $2,926 | $1.47 | 4d | 1 | 1.11mi |
| 4711 Santa Barbara Blvd #1 Cape Coral, FL | 2.0 | 2.0 | 1272 | $2,500 | $1.97 | 24d | 1 | 1.12mi |
| 4202 Palm Tree Blvd Cape Coral, FL | 3.0 | 2.0 | 1786 | $2,000 | $1.12 | 24d | 1 | 1.13mi |
| 130 SE 44th St Cape Coral, FL | 3.0 | 2.0 | 1841 | $5,000 | $2.72 | 24d | 1 | 1.18mi |
| 4013 Palm Tree Blvd #301 Cape Coral, FL | 2.0 | 2.0 | 1391 | $1,550 | $1.11 | 15d | 1 | 1.20mi |
| 4013 Palm Tree Blvd Cape Coral, FL | 2.0 | 2.0 | 1391 | $1,550 | $1.11 | 17d | 1 | 1.20mi |
| 3923 SE 12th Ave Cape Coral, FL | 3.0 | 2.0 | 1684 | $2,000 | $1.19 | 24d | 1 | 1.28mi |
| 4014 Coronado Pkwy #106 Cape Coral, FL | 2.0 | 2.0 | 1380 | $1,400 | $1.01 | 24d | 1 | 1.31mi |
| 3832 SE 7th Ave Cape Coral, FL | 2.0 | 2.0 | 1386 | $1,575 | $1.14 | 24d | 1 | 1.32mi |
| 1719 Beach Pkwy Unit 2 Cape Coral, FL | 2.0 | 2.0 | 1300 | $1,750 | $1.35 | 24d | 1 | 1.33mi |
| 3830 SE 12th Ave Cape Coral, FL | 4.0 | 4.0 | 2136 | $5,500 | $2.57 | 24d | 1 | 1.35mi |
| 4317 SW Santa Barbara Pl Cape Coral, FL | 3.0 | 2.0 | 1353 | $1,900 | $1.40 | 24d | 1 | 1.39mi |
| 3766 SE 6th Ave Cape Coral, FL | 3.0 | 2.0 | 2048 | $2,500 | $1.22 | 24d | 1 | 1.43mi |
| 4214 Santa Barbara Blvd Cape Coral, FL | 3.0 | 2.0 | 1250 | $1,660 | $1.33 | 24d | 1 | 1.45mi |
| 129 SW 54th Ter Cape Coral, FL | 4.0 | 3.0 | 2490 | $5,000 | $2.01 | 15d | 1 | 1.48mi |
| 4402 SE 20th Pl Cape Coral, FL | 2.0 | 2.0 | 1300 | $2,200 | $1.69 | 24d | 1 | 1.48mi |
Listing history 33 events
-
2026-06-17days on market $359,999 Active 25 DOM
-
2026-06-16pricedays on market $359,999 Active 24 DOM
-
2026-06-15days on market $399,999 Active 23 DOM
-
2026-06-13pricedays on market $399,999 Active 21 DOM
-
2026-06-10days on market $415,900 Active 18 DOM
-
2026-06-09days on market $415,900 Active 17 DOM
-
2026-06-08days on market $415,900 Active 16 DOM
-
2026-06-07days on market $415,900 Active 15 DOM
-
2026-06-03days on market $415,900 Active 11 DOM
-
2026-06-02days on market $415,900 Active 10 DOM
-
2026-06-01days on market $415,900 Active 9 DOM
-
2026-05-31days on market $415,900 Active 8 DOM
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2026-05-21$415,900 Active
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2021-11-03soldstatus $401,900
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2021-11-02soldstatus $401,900 Closed 560-char remark
Show marketing remark (560 chars)
Four unit money maker in Downtown Cape Coral. Currently grossing $45,600 per year with net income of almost $30,000 per year. Agents please see CAP Analysis in the attached documents. All tile with some newer windows. Affordable wall and window units for air conditioning helps to keep expenses low. A large fenced backyard with shade trees makes this a tropical escape. Plenty of parking and walking distance to all the restaurants, festivals and nightlife Downtown Cape Coral offers. With 30% down and a 3.5% loan you will make an 11.5% RETURN ON YOUR MONEY.
-
2021-06-12status Pending 560-char remark
Show marketing remark (560 chars)
Four unit money maker in Downtown Cape Coral. Currently grossing $45,600 per year with net income of almost $30,000 per year. Agents please see CAP Analysis in the attached documents. All tile with some newer windows. Affordable wall and window units for air conditioning helps to keep expenses low. A large fenced backyard with shade trees makes this a tropical escape. Plenty of parking and walking distance to all the restaurants, festivals and nightlife Downtown Cape Coral offers. With 30% down and a 3.5% loan you will make an 11.5% RETURN ON YOUR MONEY.
-
2021-05-24price $398,900 560-char remark
Show marketing remark (560 chars)
Four unit money maker in Downtown Cape Coral. Currently grossing $45,600 per year with net income of almost $30,000 per year. Agents please see CAP Analysis in the attached documents. All tile with some newer windows. Affordable wall and window units for air conditioning helps to keep expenses low. A large fenced backyard with shade trees makes this a tropical escape. Plenty of parking and walking distance to all the restaurants, festivals and nightlife Downtown Cape Coral offers. With 30% down and a 3.5% loan you will make an 11.5% RETURN ON YOUR MONEY.
-
2021-05-18status Active 560-char remark
Show marketing remark (560 chars)
Four unit money maker in Downtown Cape Coral. Currently grossing $45,600 per year with net income of almost $30,000 per year. Agents please see CAP Analysis in the attached documents. All tile with some newer windows. Affordable wall and window units for air conditioning helps to keep expenses low. A large fenced backyard with shade trees makes this a tropical escape. Plenty of parking and walking distance to all the restaurants, festivals and nightlife Downtown Cape Coral offers. With 30% down and a 3.5% loan you will make an 11.5% RETURN ON YOUR MONEY.
-
2021-04-16status Pending 560-char remark
Show marketing remark (560 chars)
Four unit money maker in Downtown Cape Coral. Currently grossing $45,600 per year with net income of almost $30,000 per year. Agents please see CAP Analysis in the attached documents. All tile with some newer windows. Affordable wall and window units for air conditioning helps to keep expenses low. A large fenced backyard with shade trees makes this a tropical escape. Plenty of parking and walking distance to all the restaurants, festivals and nightlife Downtown Cape Coral offers. With 30% down and a 3.5% loan you will make an 11.5% RETURN ON YOUR MONEY.
-
2021-04-14$399,000 Active 560-char remark
Show marketing remark (560 chars)
Four unit money maker in Downtown Cape Coral. Currently grossing $45,600 per year with net income of almost $30,000 per year. Agents please see CAP Analysis in the attached documents. All tile with some newer windows. Affordable wall and window units for air conditioning helps to keep expenses low. A large fenced backyard with shade trees makes this a tropical escape. Plenty of parking and walking distance to all the restaurants, festivals and nightlife Downtown Cape Coral offers. With 30% down and a 3.5% loan you will make an 11.5% RETURN ON YOUR MONEY.
-
2021-02-15soldstatus $270,000
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2021-02-12soldstatus $270,000 Closed 466-char remark
Show marketing remark (466 chars)
Rare Turnkey Duplex Airbnb 4.5+ Star rated , completely furnished Property. Here's the Cash Cow you been looking for! New roof, Windows, hot water tank with plenty of parking and large fenced in yard for boats, trailers, RV's that sits on a corner lot. Both units have a front and back screened lanai with separate utility rooms with washers and dryers. Downtown Cape "little Italy" section within walking distance to bars/Restaurants/shopping and more!
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2021-01-28status Pending 466-char remark
Show marketing remark (466 chars)
Rare Turnkey Duplex Airbnb 4.5+ Star rated , completely furnished Property. Here's the Cash Cow you been looking for! New roof, Windows, hot water tank with plenty of parking and large fenced in yard for boats, trailers, RV's that sits on a corner lot. Both units have a front and back screened lanai with separate utility rooms with washers and dryers. Downtown Cape "little Italy" section within walking distance to bars/Restaurants/shopping and more!
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2021-01-16price $278,900 466-char remark
Show marketing remark (466 chars)
Rare Turnkey Duplex Airbnb 4.5+ Star rated , completely furnished Property. Here's the Cash Cow you been looking for! New roof, Windows, hot water tank with plenty of parking and large fenced in yard for boats, trailers, RV's that sits on a corner lot. Both units have a front and back screened lanai with separate utility rooms with washers and dryers. Downtown Cape "little Italy" section within walking distance to bars/Restaurants/shopping and more!
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2020-12-31$279,900 Active 466-char remark
Show marketing remark (466 chars)
Rare Turnkey Duplex Airbnb 4.5+ Star rated , completely furnished Property. Here's the Cash Cow you been looking for! New roof, Windows, hot water tank with plenty of parking and large fenced in yard for boats, trailers, RV's that sits on a corner lot. Both units have a front and back screened lanai with separate utility rooms with washers and dryers. Downtown Cape "little Italy" section within walking distance to bars/Restaurants/shopping and more!
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2018-03-07soldstatus $165,000
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2018-02-28soldstatus $165,000 Sold
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2018-02-14status Pending
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2018-01-31status Pending With Contingencies
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2018-01-19$169,900 Active
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2012-12-13soldstatus $690,000
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1993-05-18soldstatus $74,000
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1992-04-27soldstatus $67,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $5,312 · $443/mo
- Projected year-2 tax
- $5,312 · $443/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 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
- $74,196
- − Mortgage interest
- −$20,166
- − Property taxes
- −$5,312
- − Insurance
- −$6,918
- − Repairs & maintenance
- −$5,936
- − Management
- −$5,936
- − Depreciation
- −$10,473
- Taxable income
- $19,456
- Est. tax owed @ 24.0%
- −$4,669
- After-tax cash flow
- $19,061/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.
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
Livability — Cape Coral
- Score
- 77/100
- State rank
- #208
- US rank
- #3098
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Cape Coral, FL
- County
- Lee County · 788,662 people
- City population
- 217,388
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 33,599
- Household income
- $71,190
- Rent vs Own
- Severe rent burden
- 1182.0
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
- Predominantly White (76%)
- Race & ethnicity
- White 76% Hispanic / Latino 16% Two or more races 11% Black 3% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2% Cuban 9%
- Common ancestry
- Romanian 4% Lithuanian 2% Slovak 2%
- Foreign-born
- 14% · Canada, China, Jamaica
- Languages at home
- 82% English-only · Spanish 13% Other Indo-European 1% Chinese 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
- —
Market trends
- HPI YoY
- ▼ -190.05%
- Current HPI
- 266.3458
- Rent YoY
- ▼ -5.48%
- Metro
- Cape Coral-Fort Myers, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+520.7% since first listed21 events — show timeline
- 2026-05-21 Listed $415,900 FORTMLS
- 2021-11-03 Sold (Public Records) $401,900 Public Records
- 2021-11-02 Sold (MLS) $401,900 FORTMLS
- 2021-06-12 Pending — FORTMLS
- 2021-05-24 Price Changed $398,900 FORTMLS
- 2021-05-18 Relisted — FORTMLS
- 2021-04-16 Pending — FORTMLS
- 2021-04-14 Listed $399,000 FORTMLS
- 2021-02-15 Sold (Public Records) $270,000 Public Records
- 2021-02-12 Sold (MLS) $270,000 FORTMLS
- 2021-01-28 Pending — FORTMLS
- 2021-01-16 Price Changed $278,900 FORTMLS
- 2020-12-31 Listed $279,900 FORTMLS
- 2018-03-07 Sold (Public Records) $165,000 Public Records
- 2018-02-28 Sold (MLS) $165,000 FORTMLS
- 2018-02-14 Pending — FORTMLS
- 2018-01-31 Pending — FORTMLS
- 2018-01-19 Listed $169,900 FORTMLS
- 2012-12-13 Sold (Public Records) $690,000 Public Records
- 1993-05-18 Sold (Public Records) $74,000 Public Records
- 1992-04-27 Sold (Public Records) $67,000 Public Records
Property tax history
+7.9%/yrLatest (2025): $5,312 · +9.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…