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Backup Offers

550 Coral Dr, Cape Coral, FL, 33904

$1,249,895

0.33 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontBay Front, Canal, Seawall
MLS #A11656066
Lot Size0.33 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 550 Coral Dr

Seller Financing with favorable terms and rates. Build your dream home on this exceptional riverfront property, featuring a newly constructed seawall built to exceed code by two feet. Boasting 80 feet of direct water frontage with southern exposure and direct Gulf access, the lot offers both stunning views and an ideal location for boaters. Situated in a highly sought-after Cape Coral community, the property is just minutes from the yacht club beach, boat ramp, and boathouse restaurant, as well as downtown Cape Coral’s dining, shopping, and entertainment options. This is a rare opportunity to build in a prime location with both convenience and natural beauty.

Property Details

Property Features

Listing Office:

  • Office Name: Stacie Chavin Real Estate LLC
  • Office Phone: (305) 923-8085
  • Listing Agent: Stacie Chavin

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Canal, Seawall

Virtual/3D Tour

  • Virtual Tour: 550 Coral Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Other

Directions Information:

  • Directions: - Take exit 131 toward Cape Coral - Continue onto Cape Coral Pkwy E - left onto Del Prado Blvd S - left to stay on Del Prado Blvd S - Slight right onto El Dorado Pkwy E - left onto Coral Ave - right onto Coral Dr - Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,895

Tax Information:

  • Annual Amount: $8,356
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

82

# of Sold Homes

326

550 Coral Dr vs Cape Coral

103 DAYS ON ROCKET

+21 Days

$1,249,895

+$859.8K More

KEY TAKEAWAY

This property is $859.8K more than the Median Sold Price in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11656066

Listing Office:

  • Office Name: Stacie Chavin Real Estate LLC
  • Office Phone: (305) 923-8085
  • Listing Agent: Stacie Chavin

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,356$468,205
2019$8,131$457,678
2018$8,154$449,144
2017$8,113$439,906

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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NMLS#3030

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.

Nearby Schools

school-card-donut-958888
8
/10
  • Cape Elementary School

  • 4519 Vincennes Blvd

  • 1.76 miles

  • Public District Grades KG-5

school-card-donut-958889
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 2.88 miles

  • Public District Grades KG-5

school-card-donut-958890
7
/10
  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 2.95 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. Most Cape Coral, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Coral Dr

What is the listing price of this property?

The listing price of 550 Coral Dr property is $1,249,895.

What type of property is this?

The property 550 Coral Dr is land located in Cape Coral, Florida, 33904.

Is this property for sale now?

Accepting Backup Offers: 550 Coral Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,356 (source: MLS/based on county public records data).

How much acreage is this property?

The property 550 Coral Dr is 0.33 acres.
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Rocket HomesFloridaLee CountyCape Coral33904550 Coral Dr

This home is located at 550 Coral Dr in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. This home sits on a 0.33 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,249,895.

While more than 39 listings in Cape Coral, FL in November 2024 were sold above asking price, there were more than 77 listings sold at asking price, and more than 210 were sold below. The number of listings in Cape Coral, FL increased by 11% between October 2024 and November 2024. While the average time on the market in November 2024 was 82 days, the median list price was $390,028.

From Rocket Homes Real Estate and based on county public records data.

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