2 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2026020109

$149,900

2 Bed SingleFamilyResidence for Sale in Cape Coral

703 Monterey Avenue, Cape Coral, FL, 33904

2 beds2 baths1,324 sqft1 garage
Gated

About this home

Property requires a full renovation. Damage includes missing mechanicals, plumbing, doors, windows, cabinets. Property sold as-is. Seller will make no repairs.

Property details

Type
SingleFamilyResidence
Year built
1960
Interior
1,324 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
90
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,099/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$113/sqft
Comp median
$122/sqft
Difference
-7%

Based on the $/sqft of 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4803 Sunset Court 304Apr 2026$146,9002/21,192$123
4914 Tudor Drive 102Feb 2026$140,0002/21,382$101
4914 Tudor Drive 203Mar 2026$167,0002/21,382$121
4803 Triton Court 4Oct 2025$135,0002/21,146$118
806 SE 46th Street 1EOct 2025$149,0002/21,199$124
806 SE 46th Street 1FJun 2026$158,0002/21,199$132
Average6 comps$149,317$120

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Jul 7, 2026Back on market
May 1, 2026Listed$149,900

The good, the trade-offs & the location

Consider
  • Built 1960 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4.9 mi
HealthPark Medical Center
Beach
6.9 mi
Fort Myers Beach
Airport
6.4 mi
Page Field (Fort Myers)
Shopping
5.5 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.