Paradise found on the Bimini canal! Boater's dream at this CUL-DE-SAC DIRECT ACCESS SW Cape Coral location just few hundred feet to the open water. Moor your yacht or sailboat along the side at Bay Vista canal of over 129 ft in length and keep that wide open incredible VIEW on 200 ft BIMINI Open. This is a main channel south of power lines so no overhead lines to worry about for your vessel. Exquisite detail abound inside the house with 8ft tall IMPACT sliding glass doors leading to the enormous, covered patio with summer kitchen and bar perfect for entertaining. From the moment you enter this extraordinary home the "wow" factor is there. The View is directly out to the wide gulf access canal. Multi sliding IMPACT glass doors overlook a large, heated pool with disappearing edge, sun shelf and spa and its two-story screen enclosure with picture window. So many details here you need to see everything: custom wood cabinets including bar with incredible detailed molding to greet your friends at. Designer styled chefs style kitchen with adjacent family or dining with coffered ceilings. Beautiful staircase plus ELEVATOR going upstairs to magnanimous master suite with its own second floor outside balcony overlooking the wide water views. In addition, upstairs, is a loft area/ owners office space with Juliette balcony out the front. Downstairs TWO large additional guest suites w/baths PLUS A DEN/OFFICE. A spacious 696' garage with lifts for luggage or x-mas stuff, 400-amp electric service, first floor new ,2024 a/c, extensive wifi security system, generator hookup ready and a compressor in attic for your tires. A side door leads to covered boat area w/10k lift. Pilings in for your large boat! Throw that large X-mas boat Parade party from the generous sized outdoor lanai! A Captains composite walkway over 200 FEET OF WATERFRONT great for fishing off of or mooring additional boats. Great location for boating to the island and beaches and for being in SW Cape close to rotary park with walking trails, dog park, butterfly house and nearby Tarpon Point marina for restaurants, shopping and music. This home comes fully FURNISHED & DECORATED! Would make great seasonal rental or place for your family to enjoy with so much outdoor space at the patio, and split design of the bedrooms w/master upstairs separate. Come see this 3,761 living space with 6,528 total. A pleasure you'll treasure from the moment you drive up the paver driveway and be greeted by lush lawn and blooming bougainvillea over your side loading oversized garages. Transferable flood policy only 1,076 per 2024 year.
Directions: Cape Coral Pkwy to South onto Pelican Blvd, turn East onto El Dorado Pkwy W, then South onto SW 1st Ct then East onto SW 56th Ter, house is at the end of the cul-de-sac on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $2,711,000
Price Per SqFt: $721/SqFt
Tax Information:
Annual Amount: $20,730
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cape Coral, FL.
This property is $2.3M more than the Median Sold Price and $488/SqFt more than other homes in Cape Coral, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #224016926
Listing Office:
Office Name: RE/MAX Trend
Office Phone: (239) 541-1661
Listing Agent: Maureen Gobbi
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/25/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 30, 2019
Dec 30, 2019Home Sold
$1,400,000
Jan 07, 2008
Jan 07, 2008Home Sold
$325,000
Aug 22, 2002
Aug 22, 2002Home Sold
$480,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$20,730
$1,098,157
2019
$13,501
$741,988
2018
$13,556
$728,153
2017
$13,480
$713,176
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13.5K
Per Month
Principal & Interest
$13.5K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,194
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Cape Elementary School
4519 Vincennes Blvd
Distance between this listing and this school2.15 miles
Public District Grades KG-5
7
/10
Pelican Elementary School
3525 SW 3rd Ave
Distance between this listing and this school2.62 miles
Public District Grades KG-5
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school3.60 miles
Public District Grades KG-5
Nearby Schools
7
/10
Gulf Middle School
1809 SW 36th Ter
Distance between this listing and this school3.47 miles
Public District Grades 6-8
8
/10
Oasis Charter Middle School
3507 Oasis Blvd
Distance between this listing and this school4.03 miles
Public Charter Grades 6-8
2
/10
Heritage Charter Academy of Cape Coral
2107 Santa Barbara Blvd
Distance between this listing and this school4.50 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Ida S. Baker High School
3500 Agualinda Blvd
Distance between this listing and this school3.72 miles
Public District Grades 9-12
7
/10
Oasis Charter High School
3519 Oasis Blvd
Distance between this listing and this school4.00 miles
Public Charter Grades 9-12
5
/10
Cape Coral High School
2300 Santa Barbara Blvd
Distance between this listing and this school4.20 miles
The neighbors living near this home have an average income of $58,252. Residents of Cape Coral, FL typically earn between $35k-100k each year. Most families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 111 SW 56th Ter
What is the listing price of this property?
The listing price of 111 SW 56th Ter property is $2,711,000.
What type of property is this?
The property 111 SW 56th Ter is a house located in Cape Coral, Florida, 33914.
Is this property for sale now?
Active Listing: 111 SW 56th Ter is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $20,730 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 30, 2019 for $1,400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 111 SW 56th Ter has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 111 SW 56th Ter is 3,761 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 111 SW 56th Ter is 2009.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 111 SW 56th Ter in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 3,761 square foot home, which was built in 2009, sits on a 0.28 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $2,711,000.
In October 2024, from all listings sold in Cape Coral, FL there were more than 30 sold above asking price, over 263 sold below and more than 80 were sold right at the asked price. The number of listings in Cape Coral, FL increased by 5% between September 2024 and October 2024. While the average time on the market in October 2024 was 79 days, the median list price was $390,012.
From Rocket Homes Real Estate and based on county public records data.