Cape Royal
Homes for Sale in Cape Coral, FL
All 505 homes for sale in Cape Coral, FL · median $318,000 · 308 homes for sale in 33991 · Lee County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Florida Gulf Coast MLS
As of November 2026, Cape Royal in Cape Coral, FL has 10 homes for sale and 2 pending, asking from $624,999 to $1,125,000 (median $873,250). Over the 12 months ending 2026-09-20, 16 recorded sales closed at a median of $622,500 (-6% versus the prior year's median), $274 per square foot, a median 50 days on market, sellers accepting 92% of original asking. Homes listed or recently sold were built 1991–2024; 4 of 12 report an HOA (median $131/mo); 7 of the 11 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $9,940 ($9,280 with the full homestead exemption).
Last 30 days in Cape Royal: 5 new listings (median asking $997,500), 2 under contract right now. As of November 11, 2026, Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Cape Royal
Live MLS inventory for Cape Royal. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 4 daysTop listing
Active · 230 days
Active · 0 days
Active · 2 days
Active · 31 days
Active · 23 days
Active · 31 days
Active · 353 days
Active · 77 days
Active · 12 days
Active · 8 daysActive and pending Cape Royal listings as of 2026-11-10, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Cape Royal is a low-density, large-footprint community — the median home here runs almost 5,000 square feet of living space, which puts price per square foot ($269.71) well below what you'd see in smaller-format Cape Coral product even though the median price sits at $618,000. Size, lot, and build quality are doing more work here than location scarcity.
The market heat score of 37 and a year-over-year pull-back of 7.1% point to a buyer's posture right now — homes are taking a median of 42 days to go under contract, and sellers are not commanding the pricing power they had a year ago. For a seller, that argues for realistic list pricing and patience; for a buyer, it argues for negotiating room, especially on homes that have sat past the median.
Figures in this note are as of July 29, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Cape Royal right now
🟡 Off the recent peak. The trailing-12-month median ($622K) is down 6.4% from the prior 12 months ($665K). With about 19 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (16 and 13 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 11, 2026 · Live data: Florida Gulf Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Cape Royal market snapshot (as of September 20, 2026): the median sale price is about $622K ($274 per sq ft over the trailing 12 months of closed sales), and a median 51 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (16 closings in the current window).
In ZIP 33991 (Cape Coral), 192 homes closed in the last 12 months at a median of $388K ($206/sq ft), down 6.0% year over year, with a median 72 days on market. Right now 64 active and 17 pending listings put supply at about 4.0 months — a buyer's market. See the live ZIP 33991 housing market and the Lee County market.
County records show 13 qualified sales in Cape Royal across 2024–2025 (9 in 2024, 4 in 2025), median $775,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Cape Royal: of 10 listing addresses checked against the FEMA National Flood Hazard Layer, 30% sit outside the FEMA Special Flood Hazard Area (Zone X); 70% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov.
Cape Royal is a community of 257 homes in Cape Coral, Lee County, built between 1986 and 2024 (median 2004), with a median living area of about 4,942 square feet. 62% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cape Royal is a Cape Coral community of 433 homes built mostly between 1985 and 2024, with a median build year of 2004 and living areas that trend large — the kind of inventory that draws buyers looking for space and lot size over walkable density.
The setting & the homes.
Aerial and on-site photos of Cape Royal. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Cape RoyalCape RoyalCape RoyalCape RoyalCape RoyalCape RoyalCape RoyalCape RoyalPhotos from Florida Gulf Coast MLS listings in Cape Royal; content deemed reliable but not guaranteed.
Who Cape Royal is best for.
Best for
- Buyers prioritizing square footage and a larger lot over a tight, amenity-packaged HOA
- Buyers comfortable evaluating homes across a wide build-year range (1985–2024) on individual condition rather than a uniform product
- Buyers working with some negotiating leverage in a market currently trending softer year-over-year
Probably not for
- Buyers who want a confirmed clubhouse, pool, or recreational amenity package as part of the purchase
- Buyers expecting fast turnover — the median 42-day market and heat score of 37 suggest a measured pace, not a bidding-war environment
- Buyers who need a compact, low-maintenance footprint rather than a large-format home
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Florida Gulf Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($622K) IS the median in the snapshot above, and the move from 2025 ($665K) IS the -6.4% one-year change.
Windows contain 1 to 26 sales each (16 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
17% of homes for sale in Cape Royal are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-11).
Cape Royal Market Scorecard
Cape Royal is currently a balanced market., a median asking price of $897,000, and homes go under contract in about 23 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Florida Gulf Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Cape Royal on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap contributors.
The Cape Royal buying strategy.
If we were buying in Cape Royal today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cape Royal.
Space over density
What separates Cape Royal from a lot of Cape Coral inventory is scale: a median living area near 5,000 square feet means this is a community of larger single-family homes, not a patio-home or villa product. That shows up directly in the math — a $618,000 median price divided across that much square footage lands at $269.71 per square foot, a figure that reads as moderate for the market even though the headline price is not small. Buyers should expect the price tag to reflect square footage and lot, not a premium location tax.
With 65.6% of homes carrying a homestead exemption, this reads as a community built primarily around owner-occupied living rather than transient or investment turnover. Combined with a 42-day median time on market and a cooling year-over-year trend, the picture is a community absorbing inventory at a measured pace rather than a fast-moving one. No community amenities are currently identified from active MLS listings, so buyers should confirm any shared facilities, HOA structure, or recreational access directly rather than assume them.
The location and the amenities are priced into every listing in Cape Royal. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Cape Royal buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.2). Basis: Recent Direction -6.4% year-over-year; Owner Commitment 62% owner-occupied; Pricing Power 92.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community where price is driven more by square footage, lot, and build vintage than by a fixed amenity package, pricing a home correctly takes more than a spreadsheet comparison — it takes someone who has actually walked the range of product built here between 1985 and 2024 and can tell you what a given year and floor plan is really worth against the current 42-day market.
Cape Royal in 15 seconds.
Tools for a Cape Royal buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cape Royal sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cape Royal, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cape Royal home worth?
Get a no-obligation home value based on real comparable sales in Cape Royal, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Cape Coral →
Recently off market in Cape Royal
Homes in Cape Royal that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 6 on record.
- 11574 Royal Tee Cir W · off market
- 11781 Lady Anne Cir · off market
- 11795 Royal Tee Cir · off market
- 11802 Royal Tee Ct · off market
- 11913 Princess Grace Ct · off market
- 11929 Princess Grace Ct · off market
| Location | Cape Coral, Lee County, FL · ZIP 33991 |
|---|---|
| Homes in the community | 257 (FL DOR 2025 assessment roll) |
| Years built | 1986–2024 (median 2004) |
| Typical living area | 4,942 sq ft (median) |
| Home types (current listings and sales) | singlefamilyresidence 100% |
| Sale prices, last 12 months | $622,500 median across 16 closed sales · $274 per sq ft · -6.4% vs the prior 12 months |
| Days on market (closed sales) | 50 median |
| For sale right now | 7 active, 2 pending · median asking $897,000 |
| Owner-occupied (homestead) share | 62% |
Data as of September 20, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Cape Royal key facts,” movewithmomentum.com/neighborhoods/cape-royal, data as of September 20, 2026.
Just listed in Cape Royal
The newest homes for sale in Cape Royal right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 11916 Princess Grace Ct $1,100,000 · 3 bd · 3 ba · 2,383 sq ft · new today Courtesy of Century 21 Selling Paradise
- 16803 Prince Phillip Ct $1,125,000 · 3 bd · 3 ba · 2,769 sq ft · listed Nov 7, 2026 Courtesy of EXP Realty LLC
- 11931 King James Ct $624,999 · 3 bd · 2 ba · 2,444 sq ft · listed Nov 3, 2026 Courtesy of Compass Florida LLC
- 11502 Royal Tee Cir $710,000 · 4 bd · 3 ba · 2,008 sq ft · listed Oct 30, 2026 Courtesy of Experience Real Estate Group
- 11928 King James Ct $997,500 · 3 bd · 3 ba · 3,372 sq ft · listed Oct 19, 2026 Courtesy of Real Broker, LLC
- 16815 Prince Phillip Ct $999,000 · 5 bd · 3 ba · 2,816 sq ft · listed Oct 11, 2026 Courtesy of Compass Florida LLC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Cape Royal Right Now (12)
All 12 active and pending Cape Royal listings with a detail page, newest first, refreshed twice a day from the MLS.
- 11390 Royal Tee Cir · $1,000,000 · 3 bd / 3 ba · listed Nov 8, 2026 · listed by RE/MAX Trend
- 11502 Royal Tee Cir · $710,000 · 4 bd / 3 ba · listed Oct 29, 2026 · listed by Experience Real Estate Group
- 11928 King James Ct · $997,500 · 3 bd / 3 ba · listed Oct 15, 2026 · listed by Real Broker, LLC
- 11908 Prince Charles Ct · $749,000 · 3 bd / 3 ba · listed Oct 7, 2026 · listed by Real Broker, LLC
- 16815 Prince Phillip Ct · $999,000 · 5 bd / 3 ba · listed Oct 6, 2026 · listed by Compass Florida LLC
- 11916 Princess Grace Ct · $1,100,000 · 3 bd / 3 ba · listed Sep 11, 2026 · listed by Century 21 Selling Paradise
- 11978 King James Ct · $724,999 · 3 bd / 2 ba · listed Sep 11, 2026 · listed by Sabella Realty Inc
- 16803 Prince Phillip Ct · $1,125,000 · 3 bd / 3 ba · listed Sep 6, 2026 · listed by EXP Realty LLC
- 11931 King James Ct · $624,999 · 3 bd / 2 ba · listed Aug 20, 2026 · listed by Compass Florida LLC
- 16800 Lady Diana Ct · $1,100,000 · 3 bd / 3 ba · listed Aug 12, 2026 · listed by Marzucco Real Estate
- 11655 Princess Margaret Ct · $740,000 · 5 bd / 3 ba · listed Aug 12, 2026 · listed by Experience Real Estate Group
- 11711 Royal Tee Cir · $897,000 · 5 bd / 3 ba · pending · listed Aug 12, 2026 · listed by Realmark Realty Group II LLC
More Cape Coral home searches
- All homes for sale in Cape Coral, FL
- Homes for sale in Lee County, FL
- Gated communities in Cape Coral
- 4-bedroom homes for sale in Cape Coral
- Cape Coral home values: what is my house worth?
- ZIP 33991 housing scorecard
Cape Coral guides & data
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- King James Court (3 homes on record)
Recent Developments in Cape Royal
Development, infrastructure, retail, and school activity affecting Cape Royal, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Builder Activity
Kolter Urban's 24-story Island at West Bay Club tops out in Estero
The 86-residence tower reached its highest point at an Oct. 30 ceremony, roughly the construction midpoint, with completion expected in mid-2027. Residences start at $2.7 million, and the building has a rooftop pool plus access to the community's golf, tennis and beach club. Estero's mayor said it may be the village's last high-rise because suitable land is scarce.
What it may mean for the marketAdds 86 high-end condominium homes to Estero's inventory in 2027 while signaling limited future high-rise capacity in the village. The project is about 8 miles southeast of Cape Royal, elsewhere in Lee County.
Source: Gulfshore Business - October 2026Parks & Amenities
Sale of 11.4-mile rail corridor for Bonita Estero Rail Trail nears closing
Estero, Bonita Springs and Collier County are set to buy the Seminole Gulf Railway corridor for $60 million, with closing expected by Jan. 14, 2027. Soil testing found elevated arsenic and hydrocarbons that consultants say can be managed with engineering controls. The corridor is planned as the multiuse Bonita Estero Rail Trail.
What it may mean for the marketA continuous trail through Estero and Bonita Springs would add a walking and biking route connecting residential areas to shopping and regional trails. The site is about 9 miles east of Cape Royal.
Source: Gulfshore Business - October 2026Retail & Dining
Cape Coral weighs incentives for first Costco at 600 Chiquita Boulevard South
The proposed warehouse would be about 165,000 square feet with a fueling facility. The city would provide up to $10 million for site work and impact fees, and the council is scheduled to consider the package at its Nov. 2 meeting. No opening date has been announced.
What it may mean for the marketIf approved, a warehouse club and fuel station would add a major retail draw and jobs along the Chiquita corridor. The project is about 9 miles north of Cape Royal, elsewhere in Lee County.
Source: WINK News - October 2026Development
Cypress Cove owner buys former Ruby Tuesday site off Summerlin Road for $2.2M
Cypress Living bought the closed restaurant at 9001 Park Royal Drive, a 5,398-square-foot building on about 1.5 acres, for $2.2 million. No new use is chosen, though the CEO said it will not return to restaurant use. Its Harbour Vue eight-story independent living building is expected to break ground in early 2027.
What it may mean for the marketA vacant restaurant parcel on a road carrying about 37,000 vehicles a day is set to be redeveloped for a non-restaurant use, changing the commercial mix along Park Royal Drive. The project is about 7 miles northeast of Cape Royal, elsewhere in Lee County.
Source: Gulfshore Business - July 2026Infrastructure
New Big Carlos Pass Bridge opens in Lee County
The new fixed-span Big Carlos Pass Bridge connecting the south end of Estero Island with Lovers Key officially opened and was dedicated June 30, 2026. The $90.8 million project replaces an older drawbridge and provides 60 feet of boat clearance along with bicycle lanes and sidewalks. Concrete from the demolished drawbridge was repurposed into an artificial reef offshore.
What it may mean for the marketA new high-span bridge upgrades the coastal road connection and removes the delays associated with the former drawbridge. The project is about 6 miles southeast of Cape Royal, elsewhere in Lee County.
Source: Gulfshore Business - June 2026Retail & Dining
Fort Myers Beach approves Development Order for Times Square entertainment center with hotel and restaurant
Fort Myers Beach town staff issued a Development Order for a three-story mixed-use entertainment center at 1028 and 1046 Estero Boulevard at Times Square, on the former sites of Sunset Beach Tropical Grill and The Playmore Tiki Bar. The 41,285-square-foot project by Persaud Properties would include six hotel units, a restaurant, shopping, a bar, an entertainment venue with a stage and a public pool. No construction permits had been issued as of the approval, with additional environmental and stormwater approvals still required.
What it may mean for the marketA new mixed-use entertainment building would add hotel, dining and retail space to the Times Square commercial district and support its post-storm rebuild. The site is less than a mile south of Cape Royal.
Source: Fort Myers Beach Observer
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
What it really costs to own in Cape Royal
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $7,348/yr across 24 listings here (MLS tax records, 2026-11-11). |
|---|---|
| HOA dues | Median $1,570/year (about $131/month) across 5 MLS listings (most billed annually; 2026-11-11). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Lee County is $2,197/yr (6,508 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 10 listing addresses checked against the FEMA flood map, 30% sit outside the high-risk zone and 70% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2014 across 24 listings. An original roof here is about 12 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage. |
Estimated carrying cost at the median asking price, before the mortgage: about $926/month (tax $612, HOA $131, insurance $183). An estimate from the sources above, not a quote.
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Frequently Asked Questions
What is the median home price in Cape Royal?
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Is Cape Royal in a flood zone?
Is Cape Royal a good place to live?
Should you buy in Cape Royal?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Florida Gulf Coast MLS, refreshed twice daily (last: November 10, 2026) |
| Community market stats | Florida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 33991)) |
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2013 (215 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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