🏗️ New Construction
324 NW 31st Pl · 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
- 29 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 C 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 +26.0/30.0
- DSCR +8.7/10.0
- ARV discount +7.5/15.0
- 1% rule +6.0/10.0
- 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
$267,300
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
Key facts
- Large screened lanai
- Oversized assemblage
- 0.7 acre lot
Tags
Property features AI
Finance
- Other: Zoned RD-D
- HOA & community: No association
Exterior
- Parking: Attached garage with 4 garage spaces
- Utilities: Well required for water; Septic required for sewer; Cable available; Electricity available
- Home design: Single-family residence; One story; Under construction (projected completion July 2026); East-facing
- Construction: Block construction; Other roof; Slab foundation; New construction; Builder: Delta Built Services (model: Orlando II)
- Exterior features: Asphalt road access; Lot dimensions approximately 245 x 125; Lot about 0.7 acre (1/2 to less than 1)
Interior
- Kitchen: No appliances included
- Bedrooms: 3 bedrooms
- Flooring: Other flooring
- Bathrooms: 3 full bathrooms
- Heating & cooling: No heating; No cooling
- Interior features: High ceilings
- Laundry & utility: Dedicated laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath land listed at $267k.
Deal economics
- At list price, monthly cash flow is $236 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $267k).
- Recommended offer: $235k (12.0% below list) — sets the bar for market timing.
- Cap rate 9.3% 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); 2652 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- This rent runs 39% of the median local income ($91k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 154 days — a 12% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 4y ago; this cycle's ask has dropped $33k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $105k; list at $267k implies a 155% gain — meaningful room to come down on a strong offer.
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→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 154 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.10% ✓
- Cap rate
- 9.27%
- Cash-on-cash
- 10.62%
- DSCR
- 1.47
- GRM
- 7.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -14.1%
- Equity multiple
- 0.51×
- Total profit
- $-36,711
- Equity at exit
- $39,855
- IRR
- -11.9%
- Equity multiple
- 0.40×
- Total profit
- $-45,096
- Equity at exit
- $23,111
Cash invested: $74,844 (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 33993
- Home prices YoY
- -14.1%
- Rents YoY
- -5.5%
- Active inventory
- 2652
- Price-to-rent
- 7.6×
Monthly cashflow live
- Estimated rent
- $2,933 high interval (Pro) →
- Mortgage (P&I)
- −$1,402
- Tax from tax record
- −$142 /mo · $1,705/yr
- Insurance
- −$111
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$616
- Net cashflow
- $236
Break-even live
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
- $66,825
- Closing costs
- $8,019
- 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 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3227 Embers Pkwy W Cape Coral, FL | 4.0 | 3.0 | 2403 | $5,000 | $2.08 | 3d | 1 | 0.47mi |
| 3404 NW 1st Ter Cape Coral, FL | 4.0 | 4.0 | 2613 | $3,500 | $1.34 | 14d | 1 | 0.48mi |
| 421 NW 36th Ave Cape Coral, FL | 4.0 | 2.0 | 2230 | $1,900 | $0.85 | 2d | 1 | 0.54mi |
| 217 NW 36th Ave Cape Coral, FL | 3.0 | 2.0 | 1885 | $4,000 | $2.12 | 14d | 1 | 0.57mi |
| 2710 NW 5th Ter Cape Coral, FL | 4.0 | 2.0 | 1830 | $1,925 | $1.05 | 16d | 1 | 0.59mi |
| 174 Shadroe Cove Cir #1004 Cape Coral, FL | 3.0 | 2.5 | 2374 | $3,200 | $1.35 | 24d | 1 | 0.62mi |
| 2716 NW Embers Ter Cape Coral, FL | 4.0 | 3.0 | 1765 | $3,000 | $1.70 | 24d | 1 | 0.64mi |
| 13 SW 34th Pl Cape Coral, FL | 4.0 | 3.0 | 2306 | $2,700 | $1.17 | 3d | 1 | 0.65mi |
| 2637 NW 1st St Cape Coral, FL | 3.0 | 2.0 | 1968 | $2,475 | $1.26 | 24d | 1 | 0.66mi |
| 2725 SW Embers Ter Cape Coral, FL | 3.0 | 2.0 | 1970 | $2,100 | $1.07 | 3d | 1 | 0.70mi |
| 121 NW 38th Ave Cape Coral, FL | 3.0 | 3.0 | 1957 | $3,995 | $2.04 | 16d | 1 | 0.86mi |
| 2519 NW 7th St Cape Coral, FL | 3.0 | 2.0 | 2017 | $2,296 | $1.14 | 3d | 1 | 0.88mi |
| 2507 Embers Pkwy W Cape Coral, FL | 3.0 | 2.0 | 1777 | $2,450 | $1.38 | 24d | 1 | 0.91mi |
| 3804 Embers Pkwy W Cape Coral, FL | 3.0 | 3.0 | 1906 | $4,500 | $2.36 | 24d | 1 | 0.97mi |
| 2447 SW Embers Ter Cape Coral, FL | 3.0 | 3.0 | 1870 | $2,100 | $1.12 | 16d | 1 | 0.98mi |
| 141 SW 37th Pl Cape Coral, FL | 3.0 | 2.0 | 2201 | $3,200 | $1.45 | 3d | 1 | 0.98mi |
| 2435 NW 7th Ter Cape Coral, FL | 4.0 | 2.0 | 2638 | $2,495 | $0.95 | 24d | 1 | 0.99mi |
| 2465 NW 9th St Cape Coral, FL | 4.0 | 3.0 | 2020 | $2,595 | $1.28 | 24d | 1 | 0.99mi |
| 17 El Dorado Blvd N Cape Coral, FL | 3.0 | 2.0 | 1779 | $2,200 | $1.24 | 24d | 1 | 1.05mi |
| 1119 NW 28th Pl Cape Coral, FL | 3.0 | 3.0 | 2047 | $2,400 | $1.17 | 24d | 1 | 1.09mi |
| 825 NW 38th Pl Cape Coral, FL | 4.0 | 3.0 | 2594 | $2,699 | $1.04 | 24d | 1 | 1.10mi |
| 212 SW 25th Ave Cape Coral, FL | 4.0 | 2.0 | 1828 | $1,850 | $1.01 | 24d | 1 | 1.13mi |
| 3527 SW 4th Ln Cape Coral, FL | 4.0 | 3.0 | 2010 | $3,700 | $1.84 | 24d | 1 | 1.16mi |
| 1221 NW 33rd Ave Cape Coral, FL | 3.0 | 2.0 | 2035 | $3,995 | $1.96 | 16d | 1 | 1.17mi |
| 221 SW 25th Ave Cape Coral, FL | 4.0 | 2.5 | 1871 | $2,600 | $1.39 | 2d | 1 | 1.18mi |
| 2239 SW 2nd Ln Cape Coral, FL | 3.0 | 2.5 | 2362 | $2,200 | $0.93 | 24d | 1 | 1.32mi |
| 1225 NW 26th Pl Cape Coral, FL | 4.0 | 2.0 | 1993 | $1,995 | $1.00 | 24d | 1 | 1.36mi |
| 1049 NW 38th Pl Cape Coral, FL | 3.0 | 2.0 | 2009 | $4,570 | $2.27 | 24d | 1 | 1.36mi |
| 2032 NW 5th St Cape Coral, FL | 3.0 | 2.0 | 1946 | $2,200 | $1.13 | 24d | 1 | 1.41mi |
| 2251 SW 4th St Cape Coral, FL | 3.0 | 2.0 | 1806 | $1,595 | $0.88 | 10d | 1 | 1.41mi |
| 223 SW 22nd Ct Cape Coral, FL | 3.0 | 3.0 | 1910 | $3,500 | $1.83 | 24d | 1 | 1.47mi |
Listing history 23 events
-
2026-06-17days on market $267,300 Active 154 DOM
-
2026-06-16days on market $267,300 Active 153 DOM
-
2026-06-15days on market $267,300 Active 152 DOM
-
2026-06-13days on market $267,300 Active 150 DOM
-
2026-06-10days on market $267,300 Active 147 DOM
-
2026-06-09days on market $267,300 Active 146 DOM
-
2026-06-07days on market $267,300 Active 144 DOM
-
2026-06-02days on market $267,300 Active 139 DOM
-
2026-06-01days on market $267,300 Active 138 DOM
-
2026-06-01days on market $267,300 Active 137 DOM
-
2026-05-21price $267,300
Show marketing remark (1277 chars)
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
-
2026-05-21price $267,300 1277-char remark
Show marketing remark (1277 chars)
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
-
2026-04-17price $279,900 1277-char remark
Show marketing remark (1277 chars)
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
-
2026-04-17price $279,900
Show marketing remark (1277 chars)
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
-
2026-03-09price $289,900
Show marketing remark (1277 chars)
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
-
2026-03-09price $289,900 1277-char remark
Show marketing remark (1277 chars)
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
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2026-01-14$299,900 Active
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2026-01-10$299,900 Active 1277-char remark
Show marketing remark (1277 chars)
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
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2023-01-06soldstatus $105,000 Closed 75-char remark
Show marketing remark (75 chars)
Three Cape Coral Homesites in a row. Build your Dream Home. Lots 43 thru 48
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2023-01-05soldstatus $105,000
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2022-12-16status Pending 75-char remark
Show marketing remark (75 chars)
Three Cape Coral Homesites in a row. Build your Dream Home. Lots 43 thru 48
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2022-07-21$135,900 Active 75-char remark
Show marketing remark (75 chars)
Three Cape Coral Homesites in a row. Build your Dream Home. Lots 43 thru 48
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2002-11-15soldstatus $25,200
ⓘ 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
- $1,705 · $142/mo
- Projected year-2 tax
- $2,219 · $185/mo
- Expected delta
- +$513/yr (+$43/mo · 30.1%)
ⓘ 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 · 29 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
- $35,202
- − Mortgage interest
- −$14,973
- − Property taxes
- −$1,705
- − Insurance
- −$6,455
- − Repairs & maintenance
- −$2,816
- − Management
- −$2,816
- − Depreciation
- −$7,776
- Taxable loss
- −$1,339
- Est. tax savings @ 24.0%
- +$321
- After-tax cash flow
- $3,150/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)
- 35,580
- Household income
- $90,577
- Rent vs Own
- Severe rent burden
- 286.0
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
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- White 57% Hispanic / Latino 30% Two or more races 21% Black 7% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 6% Cuban 17% Dominican 1%
- Common ancestry
- Romanian 2% Hispanic 2% Lithuanian 2%
- Foreign-born
- 21% · Canada, Jamaica, China
- Languages at home
- 73% English-only · Spanish 24% French/Haitian/Cajun 1% 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
- —
Market trends
- HPI YoY
- ▼ -55.34%
- Current HPI
- 337.0575
- Rent YoY
- ▼ -5.51%
- 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
+960.7% since first listed13 events — show timeline
- 2026-05-21 Price Changed $267,300 Stellar MLS as Distributed by MLS Grid
- 2026-05-21 Price Changed $267,300 FORTMLS
- 2026-04-17 Price Changed $279,900 FORTMLS
- 2026-04-17 Price Changed $279,900 Stellar MLS as Distributed by MLS Grid
- 2026-03-09 Price Changed $289,900 Stellar MLS as Distributed by MLS Grid
- 2026-03-09 Price Changed $289,900 FORTMLS
- 2026-01-14 Listed $299,900 Stellar MLS as Distributed by MLS Grid
- 2026-01-10 Listed $299,900 FORTMLS
- 2023-01-06 Sold (MLS) $105,000 FORTMLS
- 2023-01-05 Sold (Public Records) $105,000 Public Records
- 2022-12-16 Pending — FORTMLS
- 2022-07-21 Listed $135,900 FORTMLS
- 2002-11-15 Sold (Public Records) $25,200 Public Records
Property tax history
+8.3%/yrLatest (2025): $1,705 · -5.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…