Four Mile Cove in Cape Coral

Four Mile Cove
Homes for Sale in Cape Coral, FL

Community in Cape Coral · Lee County · ZIP 33990
3,101 homesBuilt 1963–2024Median sale $640K
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Live Market Pulse
29/100
Market Heat
Cooler than normal
2015 → 2026 · 82 at the 2023 peak
0 is Four Mile Cove's coldest market since 2015, 100 its hottest. Today: 29. How it's scored

Photo via Flagler County MLS

Built fromLive Flagler County MLS data12 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-07-29, 5 recorded sales closed at a median of $640,000, $296 per square foot, a median 90 days on market, sellers accepting 91% of original asking (+60% versus the prior year). Homes listed or recently sold were built 1990–2001; none of the 3 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 $10,220 ($9,560 with the full homestead exemption).

Live · Four Mile Cove Housing Pulse Flagler County MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$640K
Median sold · 12 mo
up 59.7% vs the prior 12 months
+59.7%
1-yr price change
n = 5 and 9 sales in the two windows
$296/sf
Sold $/sqft · 12 mo
peak $350 in 2023
90.7%
Sale vs ask
Tempo
90days
Median DOM · closed
7 days at the 2021 low
5
Sold · last 12 mo
10-yr average: about 8 a year
Ownership and context
66%
Owner-occupied · Four Mile Cove
2156 of 3282 parcels homesteaded (FL DOR 2025)
34%
Non-owner-occupied · Four Mile Cove
incl. 6% trust or LLC-held · 17% out-of-state
80%
Cash buyers · Four Mile Cove
4 of 5 sales, 12 mo ending July 2026
3,101
Homes in the community
plus 181 vacant residential lots · 3282 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1963
Community established
homes built 1963-2024, median 1993 (FL DOR 2025)
1,779sqft
Median sold home size
12-mo windows, closed sales
0.2%/yr
Turnover rate
about 5 of 3101 homes trade a year

Homes For Sale Right Now in Four Mile Cove

Live MLS inventory for Four Mile Cove. 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 and pending Four Mile Cove listings as of 2026-09-05, 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.

Four Mile Cove Housing Pulse · Momentum Research · as of July 29, 2026

Four Mile Cove right now

🟢 Still climbing. The trailing-12-month median ($640K) is up 59.7% from the prior 12 months ($401K). With about a dozen 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 Flagler County MLS closed sales, 12-month windows ending July 29. Confidence: Low (5 and 9 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 29, 2026 · Live data: Flagler County MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Four Mile Cove market snapshot (as of July 29, 2026): the median sale price is about $640K ($296 per sq ft over the trailing 12 months of closed sales), and a median 90 days on market for closed sales. The trailing-12-month median is up 60% from the prior 12 months, computed from record-level Flagler County MLS closed sales (5 closings in the current window).

Four Mile Cove is a community of 3,101 homes in Cape Coral, Lee County, built between 1963 and 2024 (median 1993), with a median living area of about 3,342 square feet. 66% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 2 to 14 sales each (5 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.

Median sale price · trailing 12 mo
$250K$500K$750K2014201620182020202220242026
Up 59.7% year over year.
Every sale since 2014 · price vs size
$0$500K$1M1k2k3k4k
103 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$3002014201620182020202220242026
Up from $87 in 2014 to a $350 peak in 2023; $296 now.
Median days on market · closed sales
0501002014201620182020202220242026
7 days at the 2021 low; 90 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
90.7% now.
Homes sold per 12-mo window
0510152014201620182020202220242026
2 to 14 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20162018202020222026
82 at the 2023 peak, 20 in the troughs, 29 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,141/mo
Lee County typical true cost to own
$183/mo
Lee County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Four Mile Cove Market Scorecard

Thin data

Four Mile Cove is currently a thin data market. Limited supply, a median asking price of $160,000, and homes go under contract in about 744 days.

n/a
Months supply
$160,000
Median list
n/a
Median sold
$165
Per sqft
744
Days on mkt
3/1/0
Active/Pend/Sold

Typical home value in the 33990 ZIP is $324,077, about 7.6% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Flagler County MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in Four Mile Cove today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Four Mile Cove.

A closer look at the Four Mile Cove market

At a median of $296 per square foot, Four Mile Cove prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median up 60% year over year. Homes that do trade take a median 90 days on market, useful leverage on any listing that has lingered.

The housing stock is 3,101 homes built between 1963 and 2024, and 66% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Four Mile Cove. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.8B- · Buy Score
Recent Direction10.0/10
Owner Commitment6.6/10
Pricing Power3.8/10

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 (6.8). Basis: Recent Direction +59.7% year-over-year; Owner Commitment 66% owner-occupied; Pricing Power 90.7% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Four Mile Cove sales matched to your home.

What is your Four Mile Cove home worth?

Get a no-obligation home value based on real comparable sales in Four Mile Cove, 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 homes for sale in Four Mile Cove on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Four Mile Cove?
The median sale price in Four Mile Cove was $640K over the 12 months ending July 29, 2026 (5 closed sales, Flagler County MLS).
How long do homes in Four Mile Cove take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 90 days on market (5 sales, Flagler County MLS).
How many homes are in Four Mile Cove?
The Florida DOR 2025 assessment roll shows 3,101 homes plus 181 vacant residential lots in Four Mile Cove (public records).
What share of Four Mile Cove is owner-occupied?
66% of Four Mile Cove parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Four Mile Cove built?
Homes in Four Mile Cove were built between 1963 and 2024, with a median year built of 1993 (FL DOR 2025 roll).
Do cash buyers compete in Four Mile Cove?
Cash buyers took 80% of Four Mile Cove sales in the 12 months ending July 2026 (4 of 5 closings, Flagler County MLS).
Who is the best real estate agent for Four Mile Cove?
The best agent for Four Mile Cove is one who actively works Cape Coral and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Four Mile Cove.
How do I find a top Cape Coral real estate agent who knows Four Mile Cove?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Four Mile Cove and the wider Cape Coral area.
Can Momentum Realty connect me with an agent for Four Mile Cove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Four Mile Cove purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near Four Mile Cove with Momentum Realty’s local guides.

CCCoral Cove (Lee)0.2 mi awayICIsland Cove Of Cape Coral0.2 mi awayECEverest Condo0.9 mi awayHVHarbour Village Condo1.3 mi awayLOLochmoor On The Green Condo1.4 mi awayDPDel Prado Park Townhouses Condo1.4 mi awayFMFort Myers Gulf Acres1.5 mi awayLLochmoor1.6 mi away

Browse all neighborhood guides →

Data sources & freshness

Community market statsFlagler County MLS closed sales, 12-month windows ending July 29, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (5 streets, ZIP 33990))
Under-contract sharesFlagler County MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2014 (103 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 Flagler County 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Flagler County MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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CallFree valuation →
Thinking of selling in Four Mile Cove? 5 recorded closings; median 90 days on market (window ending 2026-07-29). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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