Cape Royal
Homes for Sale in Cape Coral, FL

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 — 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.

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.

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.

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.

Listings in this community report association dues of about $131 per month ($1,572 a year) — the median AssociationFee across 107 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.