2245 SW 1st Ter · Cape Coral, FL
Flood risk 7/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.75%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · 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 +16.4/30.0
- ARV discount +15.0/15.0
- DSCR +5.1/10.0
- Schools +4.1/10.0
- Livability +3.9/5.0
- 1% rule +3.6/10.0
- Condition / age +2.5/5.0
- Rent growth +0.4/5.0
- Appreciation +0.0/10.0
$275,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to your slice of paradise in beautiful Cape Coral! Situated on a TRIPLE LOT (. 34 acres), this well-maintained 3-bedroom, 2-bath home offers the perfect blend of privacy, space, and Florida lifestyle living — all without the high cost of waterfront ownership. Boating and fishing enthusiasts will love the location! Just 2.1 miles from a Gulf-access boat ramp near Matlacha, you’ll have quick access to some of Southwest Florida’s best fishing and waterfront dining. There’s also a freshwater boat launch just a street over, plus plenty of room on the property to park your boat, trailer, toys, or even add a pool in the future. Inside, the home is bright, inviting, and freshly updated with brand-new interior paint, newer flooring in the living room, hallway, and bedrooms, and stainless steel appliances. The spacious owner’s retreat features TWO walk-in closets and sliding glass doors leading directly to the covered and screened lanai — the perfect place to enjoy your morning coffee or relax in the evenings overlooking the private backyard lined with mature trees. The split floor plan offers excellent functionality, and the guest bathroom conveniently doubles as a future pool bath with direct exterior access. Additional highlights include an indoor laundry room with sink, a 2-car garage, extra flooring being left for the new owner, updated landscaping with fresh plants and mulch, and a generator hookup for added convenience and peace of mind during storm season. Major updates provide peace of mind: • Roof – 2018 • A/C – 2019 • New Well Equipment – 2023 • Brand-New Water Heater 2026. Conveniently located just minutes from Pine Island Road shopping, grocery stores, restaurants, gyms, and only 4.3 miles from the charm, dining, and entertainment of Matlacha. Don’t miss the Zillow 3D tour — this one truly has to be seen to appreciate the space, privacy, and lifestyle it offers!
Key facts
- Oversized triple lot
- Generator hookup
- Indoor laundry room
Tags
Property features AI
Exterior
- Parking: Attached garage; Driveway parking; 2 covered garage spaces
- Utilities: Well water; Septic tank
- Home design: Single-story; Faces east; Resale property
- Construction: Block construction; Shingle roof
- Exterior features: Patio; Room for a pool; Sprinkler system; Well irrigation
Interior
- Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
- Flooring: Tile; Vinyl
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Breakfast area; Combined living and dining room; Pantry; Split bedroom floorplan; Tub/shower; Vaulted ceilings; Walk-in closet(s); Unfurnished
- Laundry & utility: Washer hookup; Dryer hookup; Laundry/utility room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $275k.
Deal economics
- At list price, monthly cash flow is $91 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $235k (14.5% below list).
- Recommended offer: $235k (14.5% below list) — sets the bar for 1% rule.
- Cap rate 7.0% 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 (-8.6%/yr); 691 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 33% of the median local income ($84k/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
- Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: major flood risk; 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
- 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 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
- 0.86% ✗
- Cap rate
- 6.98%
- Cash-on-cash
- 2.45%
- DSCR
- 1.11
- GRM
- 9.7
CMA / ARV
- ARV (on-the-fly)
- $343,876
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 212 SW 22nd Pl | 0.18mi | 3/2.0 | 1,419 (-9%) | 24mo | $305,000 | $215 | 57 |
| 24 SW 21st Ave | 0.30mi | 3/2.0 | 1,714 (+10%) | 15mo | $500,000 | $292 | 56 |
| 1900 SW 2nd Ter | 0.55mi | 3/2.0 | 1,400 (-10%) | 2mo | $420,000 | $300 | 56 |
| 22 El Dorado Blvd N | 0.30mi | 3/2.0 | 1,389 (-11%) | 15mo | $295,999 | $213 | 56 |
| 2243 SW 4th St | 0.29mi | 3/2.0 | 1,671 (+7%) | 22mo | $374,000 | $224 | 56 |
| 224 NW 23rd Ave | 0.50mi | 4/3.0 (+1) | 1,683 (+8%) | 8mo | $165,000 | $98 | 47 |
| 1804 SW Embers Ln | 0.62mi | 4/2.0 (+1) | 1,650 (+6%) | 13mo | $340,990 | $207 | 45 |
| 236 NW 22nd Ct | 0.56mi | 4/2.0 (+1) | 1,426 (-8%) | 13mo | $314,990 | $221 | 45 |
| 1712 SW 2nd Ter | 0.73mi | 4/2.0 (+1) | 1,642 (+6%) | 14mo | $385,000 | $234 | 40 |
| 2716 SW 2nd Ln | 0.59mi | 4/2.0 (+1) | 1,712 (+10%) | 13mo | $293,900 | $172 | 40 |
| 1811 SW 2nd St | 0.59mi | 3/2.0 | 1,684 (+8%) | 24mo | $330,000 | $196 | 39 |
| 1716 SW 3rd St | 0.72mi | 3/2.0 | 1,777 (+14%) | 21mo | $392,000 | $221 | 25 |
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
- IRR
- -17.3%
- Equity multiple
- 0.41×
- Total profit
- $-45,714
- Equity at exit
- $41,003
- IRR
- -15.6%
- Equity multiple
- 0.23×
- Total profit
- $-59,177
- Equity at exit
- $23,777
Cash invested: $77,000 (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 33991
- Home prices YoY
- -27.8%
- Rents YoY
- -8.6%
- Active inventory
- 691
- Price-to-rent
- 9.7×
Monthly cashflow live
- Estimated rent
- $2,351 high interval (Pro) →
- Mortgage (P&I)
- −$1,442
- Tax from tax record
- −$144 /mo · $1,722/yr
- Insurance
- −$115
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$494
- Net cashflow
- $91
Break-even live
Sensitivity live
| Price | -10% $247 | -5% $169 | +0% $91 | +5% $13 | +10% $-65 |
|---|---|---|---|---|---|
| Rent | -10% $-95 | -5% $-2 | +0% $91 | +5% $184 | +10% $277 |
| Rate | -1.0pp $229 | -0.5pp $161 | base $91 | +0.5pp $20 | +1.0pp $-53 |
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
- $68,750
- Closing costs
- $8,250
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 17 El Dorado Blvd N Cape Coral, FL | 3.0 | 2.0 | 1779 | $2,200 | $1.24 | 25d | 1 | 0.24mi |
| 2447 SW Embers Ter Cape Coral, FL | 3.0 | 3.0 | 1870 | $2,100 | $1.12 | 18d | 1 | 0.25mi |
| 223 SW 22nd Ct Cape Coral, FL | 3.0 | 3.0 | 1910 | $3,500 | $1.83 | 25d | 1 | 0.26mi |
| 221 SW 25th Ave Cape Coral, FL | 4.0 | 2.5 | 1871 | $2,600 | $1.39 | 4d | 1 | 0.29mi |
| 212 SW 25th Ave Cape Coral, FL | 4.0 | 2.0 | 1828 | $1,850 | $1.01 | 25d | 1 | 0.29mi |
| 2507 Embers Pkwy W Cape Coral, FL | 3.0 | 2.0 | 1777 | $2,450 | $1.38 | 25d | 1 | 0.31mi |
| 2251 SW 4th St Cape Coral, FL | 3.0 | 2.0 | 1806 | $1,595 | $0.88 | 12d | 1 | 0.31mi |
| 326 SW 24th Pl Cape Coral, FL | 3.0 | 2.0 | 1747 | $1,795 | $1.03 | 25d | 1 | 0.45mi |
| 128 NW 25th Pl Cape Coral, FL | 3.0 | 2.0 | 1409 | $2,850 | $2.02 | 25d | 1 | 0.49mi |
| 233 NW 22nd Pl Cape Coral, FL | 4.0 | 3.0 | 1665 | $2,200 | $1.32 | 25d | 1 | 0.55mi |
| 2637 NW 1st St Cape Coral, FL | 3.0 | 2.0 | 1968 | $2,475 | $1.26 | 25d | 1 | 0.56mi |
| 1900 NW Embers Ter Cape Coral, FL | 4.0 | 3.0 | 2009 | $2,900 | $1.44 | 25d | 1 | 0.56mi |
| 2725 SW Embers Ter Cape Coral, FL | 3.0 | 2.0 | 1970 | $2,100 | $1.07 | 5d | 1 | 0.58mi |
| 2716 NW Embers Ter Cape Coral, FL | 4.0 | 3.0 | 1765 | $3,000 | $1.70 | 25d | 1 | 0.60mi |
| 1827 Embers Pkwy W Cape Coral, FL | 4.0 | 3.0 | 1807 | $2,500 | $1.38 | 16d | 1 | 0.60mi |
| 1827 Embers Pkwy W Cape Coral, FL | 4.0 | 3.0 | 1807 | $2,300 | $1.27 | 5d | 1 | 0.60mi |
| 231 NW 26th Ave Cape Coral, FL | 3.0 | 2.0 | 1479 | $2,300 | $1.56 | 25d | 1 | 0.61mi |
| 313 El Dorado Blvd N Cape Coral, FL | 3.0 | 2.0 | 1500 | $2,300 | $1.53 | 25d | 1 | 0.62mi |
| 2045 NW 3rd St Cape Coral, FL | 3.0 | 2.0 | 1656 | $2,095 | $1.27 | 12d | 1 | 0.65mi |
| 2023 NW 3rd Ter Cape Coral, FL | 3.0 | 2.0 | 1408 | $2,150 | $1.53 | 25d | 1 | 0.74mi |
| 2835 NW Embers Ter Cape Coral, FL | 3.0 | 2.0 | 1667 | $2,250 | $1.35 | 16d | 1 | 0.77mi |
| 2032 NW 5th St Cape Coral, FL | 3.0 | 2.0 | 1946 | $2,200 | $1.13 | 25d | 1 | 0.85mi |
| 512 NW 25th Ave Cape Coral, FL | 3.0 | 2.0 | 1702 | $2,100 | $1.23 | 13d | 1 | 0.89mi |
| 2837 NW 3rd St Cape Coral, FL | 3.0 | 3.0 | 1700 | $3,500 | $2.06 | 25d | 1 | 0.94mi |
| 2837 NW 3rd St Cape Coral, FL | 3.0 | 3.0 | 1700 | $3,500 | $2.06 | 23d | 1 | 0.94mi |
| 222 NW 28th Ct Cape Coral, FL | 3.0 | 2.0 | 1116 | $1,526 | $1.37 | 12d | 1 | 0.97mi |
| 2710 NW 5th Ter Cape Coral, FL | 4.0 | 2.0 | 1830 | $1,925 | $1.05 | 18d | 1 | 0.98mi |
| 305 NW 16th Pl Cape Coral, FL | 3.0 | 2.5 | 1446 | $2,095 | $1.45 | 5d | 1 | 1.02mi |
| 416 NW 17th Ave Cape Coral, FL | 3.0 | 2.0 | 1199 | $2,000 | $1.67 | 5d | 1 | 1.04mi |
| 2043 NW 6th Ter Cape Coral, FL | 4.0 | 2.0 | 1712 | $2,999 | $1.75 | 25d | 1 | 1.06mi |
| 606 SW 29th Ave Cape Coral, FL | 3.0 | 1.0–2.0 | 995 | $2,126 | $2.14 | 4d | 56 | 1.07mi |
| 376 Penley Lake Cir Cape Coral, FL | 1.0–3.0 | 1.0–2.0 | 1195 | $2,874 | $2.40 | 3d | 87 | 1.09mi |
| 3305 Grant Cove Cir Cape Coral, FL | 1.0–3.0 | 1.0–2.0 | 1061 | $2,133 | $2.01 | 3d | 20 | 1.11mi |
| 532 NW 18th Ave Cape Coral, FL | 3.0 | 2.0 | 1765 | $2,000 | $1.13 | 25d | 1 | 1.11mi |
| 1909 NW 6th Ter Cape Coral, FL | 3.0 | 2.0 | 1828 | $1,895 | $1.04 | 5d | 1 | 1.11mi |
| 1909 NW 6th Ter Cape Coral, FL | 4.0 | 2.0 | 1828 | $1,895 | $1.04 | 4d | 1 | 1.11mi |
| 2519 NW 7th St Cape Coral, FL | 3.0 | 2.0 | 2017 | $2,296 | $1.14 | 5d | 1 | 1.12mi |
| 1400 SW 1st Ter Cape Coral, FL | 3.0 | 2.0 | 1619 | $1,995 | $1.23 | 25d | 1 | 1.20mi |
| 1501 NW 4th St Cape Coral, FL | 4.0 | 2.0 | 1809 | $3,800 | $2.10 | 5d | 1 | 1.23mi |
| 2453 NW 8th Ter Cape Coral, FL | 3.0 | 2.0 | 1574 | $2,200 | $1.40 | 25d | 1 | 1.30mi |
Listing history 8 events
-
2026-06-22remarks 675-char remark
-
2026-06-22$275,000 Pending 10 DOM
-
2026-05-17$275,000 Active 2002-char remark
Show marketing remark (2088 chars)
One or more photo(s) has been virtually staged. Welcome to your slice of paradise in beautiful Cape Coral! Situated on a TRIPLE LOT (. 34 acres), this well-maintained 3-bedroom, 2-bath home offers the perfect blend of privacy, space, and Florida lifestyle living — all without the high cost of waterfront ownership. Boating and fishing enthusiasts will love the location! Just 2.1 miles from a Gulf-access boat ramp near Matlacha, you’ll have quick access to some of Southwest Florida’s best fishing and waterfront dining. There’s also a freshwater boat launch just a street over, plus plenty of room on the property to park your boat, trailer, toys, or even add a pool in the future. Inside, the home is bright, inviting, and freshly updated with brand-new interior paint, newer flooring in the living room, hall way, and bedrooms, and stainless steel appliances. The spacious owner’s retreat features TWO walk-in closets and sliding glass doors leading directly to the covered and screened lanai — the perfect place to enjoy your morning coffee or relax in the evenings overlooking the private backyard lined with mature trees. The split floor plan offers excellent functionality, and the guest bathroom conveniently doubles as a future pool bath with direct exterior access. Additional highlights include an indoor laundry room with sink, a 2-car garage, extra flooring being left for the new owner, updated landscaping with fresh plants and mulch, new ceiling fans with remotes being installed, and a generator hookup for added convenience and peace of mind during storm season. Major updates provide peace of mind: • Roof – 2018 • A/C – 2019 • New Well Equipment – 2023 • Brand-New Water Heater 2026. Conveniently located just minutes from Pine Island Road shopping, grocery stores, restaurants, gyms, and only 4.3 miles from the charm, dining, and entertainment of Matlacha. Don’t miss the Zillow 3D tour — this one truly has to be seen to appreciate the space, privacy, and lifestyle it offers!
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2026-05-17$275,000 Active
Show marketing remark (2088 chars)
One or more photo(s) has been virtually staged. Welcome to your slice of paradise in beautiful Cape Coral! Situated on a TRIPLE LOT (. 34 acres), this well-maintained 3-bedroom, 2-bath home offers the perfect blend of privacy, space, and Florida lifestyle living — all without the high cost of waterfront ownership. Boating and fishing enthusiasts will love the location! Just 2.1 miles from a Gulf-access boat ramp near Matlacha, you’ll have quick access to some of Southwest Florida’s best fishing and waterfront dining. There’s also a freshwater boat launch just a street over, plus plenty of room on the property to park your boat, trailer, toys, or even add a pool in the future. Inside, the home is bright, inviting, and freshly updated with brand-new interior paint, newer flooring in the living room, hall way, and bedrooms, and stainless steel appliances. The spacious owner’s retreat features TWO walk-in closets and sliding glass doors leading directly to the covered and screened lanai — the perfect place to enjoy your morning coffee or relax in the evenings overlooking the private backyard lined with mature trees. The split floor plan offers excellent functionality, and the guest bathroom conveniently doubles as a future pool bath with direct exterior access. Additional highlights include an indoor laundry room with sink, a 2-car garage, extra flooring being left for the new owner, updated landscaping with fresh plants and mulch, new ceiling fans with remotes being installed, and a generator hookup for added convenience and peace of mind during storm season. Major updates provide peace of mind: • Roof – 2018 • A/C – 2019 • New Well Equipment – 2023 • Brand-New Water Heater 2026. Conveniently located just minutes from Pine Island Road shopping, grocery stores, restaurants, gyms, and only 4.3 miles from the charm, dining, and entertainment of Matlacha. Don’t miss the Zillow 3D tour — this one truly has to be seen to appreciate the space, privacy, and lifestyle it offers!
-
2026-05-17$275,000 Active 2088-char remark
Show marketing remark (2088 chars)
One or more photo(s) has been virtually staged. Welcome to your slice of paradise in beautiful Cape Coral! Situated on a TRIPLE LOT (. 34 acres), this well-maintained 3-bedroom, 2-bath home offers the perfect blend of privacy, space, and Florida lifestyle living — all without the high cost of waterfront ownership. Boating and fishing enthusiasts will love the location! Just 2.1 miles from a Gulf-access boat ramp near Matlacha, you’ll have quick access to some of Southwest Florida’s best fishing and waterfront dining. There’s also a freshwater boat launch just a street over, plus plenty of room on the property to park your boat, trailer, toys, or even add a pool in the future. Inside, the home is bright, inviting, and freshly updated with brand-new interior paint, newer flooring in the living room, hall way, and bedrooms, and stainless steel appliances. The spacious owner’s retreat features TWO walk-in closets and sliding glass doors leading directly to the covered and screened lanai — the perfect place to enjoy your morning coffee or relax in the evenings overlooking the private backyard lined with mature trees. The split floor plan offers excellent functionality, and the guest bathroom conveniently doubles as a future pool bath with direct exterior access. Additional highlights include an indoor laundry room with sink, a 2-car garage, extra flooring being left for the new owner, updated landscaping with fresh plants and mulch, new ceiling fans with remotes being installed, and a generator hookup for added convenience and peace of mind during storm season. Major updates provide peace of mind: • Roof – 2018 • A/C – 2019 • New Well Equipment – 2023 • Brand-New Water Heater 2026. Conveniently located just minutes from Pine Island Road shopping, grocery stores, restaurants, gyms, and only 4.3 miles from the charm, dining, and entertainment of Matlacha. Don’t miss the Zillow 3D tour — this one truly has to be seen to appreciate the space, privacy, and lifestyle it offers!
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2001-03-22soldstatus $613,200
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1999-07-02soldstatus $4,685,000
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1987-07-01soldstatus $20,000
ⓘ 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
- $1,722 · $144/mo
- Projected year-2 tax
- $2,282 · $190/mo
- Expected delta
- +$560/yr (+$47/mo · 32.5%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
- Wildfire 2/10 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
- $28,216
- − Mortgage interest
- −$15,404
- − Property taxes
- −$1,722
- − Insurance
- −$2,172
- − Repairs & maintenance
- −$2,257
- − Management
- −$2,257
- − Depreciation
- −$8,000
- Taxable loss
- −$3,598
- Est. tax savings @ 24.0%
- +$863
- After-tax cash flow
- $1,954/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)
- 27,725
- Household income
- $84,470
- Rent vs Own
- Severe rent burden
- 760.0
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 (71%)
- Race & ethnicity
- White 71% Hispanic / Latino 20% Two or more races 14% Black 3% Asian 1%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 6% Cuban 6%
- Common ancestry
- Romanian 5% Lithuanian 3% Italian 3%
- Foreign-born
- 13% · Canada, Jamaica
- Languages at home
- 81% English-only · Spanish 15% Russian/Polish/Slavic 1% Tagalog/Filipino 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
- ▼ -108.25%
- Current HPI
- 281.0735
- Rent YoY
- ▼ -8.55%
- 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
+1275.0% since first listed6 events — show timeline
- 2026-05-17 Listed $275,000 Stellar MLS as Distributed by MLS Grid
- 2026-05-17 Listed $275,000 MARMLS
- 2026-05-17 Listed $275,000 FORTMLS
- 2001-03-22 Sold (Public Records) $613,200 Public Records
- 1999-07-02 Sold (Public Records) $4,685,000 Public Records
- 1987-07-01 Sold (Public Records) $20,000 Public Records
Property tax history
+5.0%/yrLatest (2025): $1,722 · +11.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…