Palaco Grande in Cape Coral

Palaco Grande
Homes for Sale in Cape Coral, FL

All 498 homes for sale in Cape Coral, FL · median $315,000 · 427 homes for sale in 33904 · Lee County homes for sale

Community in Cape Coral · Lee County · ZIP 33904
1,502 homesBuilt 1964–2024Median sale $775K
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Live Market Pulse
47/100
Market Heat
Normal for Palaco Grande
2015 → 2026 · 91 at the 2021 peak
0 is Palaco Grande's coldest market since 2015, 100 its hottest. Today: 47. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data12 years of closingsFL DOR public recordsUpdated twice daily

As of November 2026, Palaco Grande in Cape Coral, FL has 4 homes for sale, asking from $749,000 to $1,498,500 (median $1,334,500). Over the 12 months ending 2026-09-20, 14 recorded sales closed at a median of $775,000 (+10% versus the prior year's median), $345 per square foot, a median 46 days on market, sellers accepting 93% of original asking. Homes listed or recently sold were built 1986–2011; 1 of the 4 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 $12,380 ($11,710 with the full homestead exemption).

Last 30 days in Palaco Grande: 2 new listings (median asking $1,022,000). As of November 6, 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.

Live · Palaco Grande Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$775K ▲
Median sold · 12 mo
up 10.2% vs the prior 12 months
+10.2% ▲
1-yr price change
n = 14 and 9 sales in the two windows
$345/sf
Sold $/sqft · 12 mo
peak $388 in 2023
93.5%
Sale vs ask
Tempo
46days
Median DOM · closed
9 days at the 2021 low
29%
Under contract
Lee: 18% (1,646 of 9,225)
5 · 2
For sale · pending
live counts, refreshed twice daily
14
Sold · last 12 mo
10-yr average: about 15 a year
Ownership and context
50%
Owner-occupied · Palaco Grande
812 of 1628 parcels homesteaded (FL DOR 2025)
50%
Non-owner-occupied · Palaco Grande
incl. 10% trust or LLC-held · 33% out-of-state
1,502
Homes in the community
plus 126 vacant residential lots · 1628 residential parcels (FL DOR 2025)
Track record · 12 years of records
113
Recorded sales · 2024-2025
median $560K · qualified sales on the county roll (FL DOR 2025)
1964–2024
Years homes were built
median 1988 · county roll (FL DOR 2025)
2,111sqft
Median sold home size
12-mo windows, closed sales
0.9%/yr
Turnover rate
about 14 of 1502 homes trade a year

Homes For Sale Right Now in Palaco Grande

Live MLS inventory for Palaco Grande. 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 Palaco Grande listings as of 2026-11-06, 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.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 29, 2026

Palaco Grande is pricing at a median of $775,000, with price per square foot near $344.88 — a signal that condition and finish level are doing most of the work in what a given home commands, since this is a waterfront-oriented Cape Coral pocket without a shared amenity package driving value. The 22.2% year-over-year move is a large swing for a community this size, and it tells you the market has repriced quickly rather than drifted upward gradually.

A median of 46 days on market paired with a market heat score of 54 reads as balanced-to-firm: homes are not sitting, but they are not vanishing in a week either. With only 14 closings in the recent window, the sample is thin — one or two unusual sales can move the median noticeably, so buyers and sellers should treat any single data point here as directional, not exact.

Figures in this note are as of July 29, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Palaco Grande Housing Pulse · Momentum Research · as of September 20, 2026

Palaco Grande right now

🟢 Still climbing. The trailing-12-month median ($775K) is up 10.2% from the prior 12 months ($703K). 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 Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (14 and 9 sales in the two windows).

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

· Updated November 7, 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

Palaco Grande market snapshot (as of September 20, 2026): the median sale price is about $775K ($345 per sq ft over the trailing 12 months of closed sales), and a median 46 days on market for closed sales. The trailing-12-month median is up 10% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (14 closings in the current window).

In ZIP 33904 (Cape Coral), 5,462 homes closed in the last 12 months at a median of $380K ($221/sq ft), up 1.6% year over year, with a median 51 days on market. Right now 208 active and 47 pending listings put supply at about 0.5 months — a balanced market. See the live ZIP 33904 housing market and the Lee County market.

County records show 113 qualified sales in Palaco Grande across 2024–2025 (61 in 2024, 52 in 2025), median $560,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Palaco Grande is a community of 1,502 homes in Cape Coral, Lee County, built between 1964 and 2024 (median 1988), with a median living area of about 3,669 square feet. 50% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Palaco Grande sits in Cape Coral, Lee County, and trades primarily on lot type, waterfront access, and home condition rather than on a shared clubhouse or recreational amenity package — current MLS listings show none identified.

Best for

  • Buyers prioritizing waterfront or canal access over a clubhouse or shared recreation amenity
  • Sellers with an updated or well-maintained home who want to test a market currently trading near a $775,000 median
  • Buyers comfortable doing extra diligence in a market with a thin, 14-closing recent sales sample

Probably not for

  • Buyers who want an established amenity package as part of the purchase decision
  • Anyone expecting a large inventory of directly comparable recent sales to lean on
  • Sellers hoping the current 22.2% year-over-year move guarantees a repeat performance

Windows contain 9 to 23 sales each (14 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
$200K$400K$600K$800K2014201620182020202220242026
Up 10.2% year over year.
Every sale since 2014 · price vs size
$0$1M$2M2k4k
195 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$300$4002014201620182020202220242026
Up from $149 in 2014 to a $388 peak in 2023; $345 now.
Median days on market · closed sales
2550752014201620182020202220242026
9 days at the 2021 low; 46 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
93.5% now.
Homes sold per 12-mo window
010202014201620182020202220242026
9 to 23 a year; 14 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
91 at the 2021 peak, 25 in the troughs, 47 now. Same score as the hero card, full history.
How much local inventory is already under contract

14% of homes for sale in ZIP 33904 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 (2026-11-06).

Palaco Grande Market Scorecard

Balanced

Palaco Grande is currently a balanced market., a median asking price of $1,295,000, and homes go under contract in about 145 days.

$1,295,000
Median list
$775,000
Median sold
$528
List $/sqft
145
Days on mkt
4/0/0
Active/Pend/Sold 12 mo

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.

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap contributors.

If we were buying in Palaco Grande 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 Palaco Grande.

Best Buy
Buyers and sellers focused on an individual waterfront or canal-access property rather than a packaged amenity lifestyle.
Biggest Risk
A 14-closing sample means pricing data can swing hard with just one or two unusual sales.
Sweet Spot
Well-maintained or recently updated homes priced against true recent comparables, not list-price assumptions.
Avoid If
You need a formal amenity package — none is identified in current listings here.

What's actually moving the number

With no community amenities identified in current listings, value in Palaco Grande is a function of the individual lot and structure — waterfront positioning, dock or seawall condition, and how recently a home has been updated. That's consistent with the wide gap price per square foot can create across otherwise similar homes in this footprint.

The 14-closing window is small enough that the $775,000 median and the 22.2% year-over-year change should be read as a snapshot of recent activity, not a fixed trendline. A 46-day median days-on-market suggests sellers who price to current condition and comparable closings are moving through the process without major delay; those who don't will find the 54 heat score isn't strong enough to bail out an overpriced listing.

“

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

Jon Brooks · Founder, Momentum Realty
6.4B- · Buy Score
Recent Direction8.6/10
Owner Commitment5.0/10
Pricing Power5.6/10

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 (6.4). Basis: Recent Direction +10.2% year-over-year; Owner Commitment 50% owner-occupied; Pricing Power 93.5% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community this thinly traded — 14 closings in the window — the median and per-square-foot figures can shift meaningfully with each new sale. We track those closings as they happen, not on a lagging quarterly basis, so pricing conversations for Palaco Grande are built on what's actually closing now rather than a stale average.

Palaco Grande in 15 seconds.

Best forBuyers and sellers focused on an individual waterfront or canal-access property rather than a packaged amenity lifestyle.
Biggest advantageHomes here are moving at a 46-day median clip without needing deep concessions.
Biggest riskA 14-closing sample means pricing data can swing hard with just one or two unusual sales.
Sweet spotWell-maintained or recently updated homes priced against true recent comparables, not list-price assumptions.
Avoid ifYou need a formal amenity package — none is identified in current listings here.
The takeaway

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

What is your Palaco Grande home worth?

Get a no-obligation home value based on real comparable sales in Palaco Grande, 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 →

Real comps, not an automated estimate.

Recently off market in Palaco Grande

Homes in Palaco Grande 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. 3 on record.

Palaco Grande key facts
LocationCape Coral, Lee County, FL · ZIP 33904, 33914
Homes in the community1,502 (FL DOR 2025 assessment roll)
Years built1964–2024 (median 1988)
Typical living area3,669 sq ft (median)
Sale prices, last 12 months$775,000 median across 14 closed sales · $345 per sq ft · +10.2% vs the prior 12 months
Days on market (closed sales)46 median
For sale right now5 active, 2 pending · median asking $1,295,000
Owner-occupied (homestead) share50%

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, “Palaco Grande key facts,” movewithmomentum.com/neighborhoods/palaco-grande, data as of September 20, 2026.

Just listed in Palaco Grande

The newest homes for sale in Palaco Grande right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Palaco Grande Right Now (4)

All 4 active and pending Palaco Grande listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

What it really costs to own in Palaco Grande

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $11,335/yr across 8 listings here (MLS tax records, 2026-11-07).
Home and flood insuranceThe 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.
Roof and ageMedian build year 1996 across 8 listings. An original roof here would be about 30 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Palaco Grande

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Palaco Grande

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Palaco Grande will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Recent Developments in Palaco Grande

Development, infrastructure, retail, and school activity affecting Palaco Grande, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Parks & Amenities

    Cape Coral opens Yellow Fever Creek Preserve with trails and campsites

    The preserve at 3115 Del Prado Boulevard North opened with a ribbon-cutting on Oct. 30. It spans about 198 city-owned acres and offers 23 campsites, nature trails, a fishing pond, the city's first disc golf course and a welcome center. The site is part of a Lee County and city water restoration project.

    What it may mean for the marketAdds a large outdoor recreation destination in north Cape Coral for hiking, camping and nature programs. The project is about 12 miles north of Palaco Grande, elsewhere in Lee County.

    Source: WINK News
  2. October 2026
    Retail & 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 site is about 3 miles northeast of Palaco Grande.

    Source: WINK News
  3. October 2026
    Development

    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 8 miles east of Palaco Grande, elsewhere in Lee County.

    Source: Gulfshore Business
  4. October 2026
    Infrastructure

    Cape Coral council awards $32.9 million contract for North 1 East booster station

    The council voted 7-1 to award Douglas N. Higgins Inc. $32,910,150 for the North 1 East Booster Station on 14.2 acres at Yellow Fever Creek Preserve, with two 5-million-gallon storage tanks. The station lets the city accept up to 6 million gallons per day of reclaimed water for irrigation.

    What it may mean for the marketExpands reclaimed irrigation service in north Cape Coral, with assessments of roughly $32,000 to $35,000 per standard lot in the service area. The project is about 12 miles north of Palaco Grande, elsewhere in Lee County.

    Source: Hoodline
  5. September 2026
    Civic

    Cape Coral council sets construction price for North Cape fleet maintenance facility

    On Sept. 16, 2026 the council approved Resolution 259-26 setting the construction price for a Fleet Maintenance Facility at the North Cape Government Complex, 1200 Kismet Parkway West. Charles Perry Partners is the contractor, and work includes site development and infrastructure.

    What it may mean for the marketAdds city service capacity in north Cape Coral, where municipal facilities support a growing population. The project is about 10 miles north of Palaco Grande, elsewhere in Lee County.

    Source: City of Cape Coral
  6. June 2026
    Retail & 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 project is about 8 miles south of Palaco Grande, elsewhere in Lee County.

    Source: Fort Myers Beach Observer

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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.

Frequently Asked Questions

What is the median home price in Palaco Grande?
The median sale price in Palaco Grande was $775K over the 12 months ending September 20, 2026 (14 closed sales, Florida Gulf Coast MLS).
How long do homes in Palaco Grande take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 46 days on market (14 sales, Florida Gulf Coast MLS).
How many homes are in Palaco Grande?
The Florida DOR 2025 assessment roll shows 1,502 homes plus 126 vacant residential lots in Palaco Grande (public records).
What share of Palaco Grande is owner-occupied?
50% of Palaco Grande parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Palaco Grande built?
Homes in Palaco Grande were built between 1964 and 2024, with a median year built of 1988 (FL DOR 2025 roll).
Who is the best real estate agent for Palaco Grande?
The best agent for Palaco Grande 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 Palaco Grande.
How do I find a top Cape Coral real estate agent who knows Palaco Grande?
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 Palaco Grande and the wider Cape Coral area.
Can Momentum Realty connect me with an agent for Palaco Grande?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palaco Grande purchase or sale - no call center and no pressure.
Where is Palaco Grande, and what county is it in?
Palaco Grande is in Cape Coral, Lee County, FL, ZIP codes 33904, 33914. The community's center is about 3 miles east of the center of Cape Coral (straight-line).
Is Palaco Grande a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Palaco Grande: the median sale price over the last 12 months was $775K (14 sales), 104% above the Cape Coral median of $379K; homes took a median 46 days to go under contract; the assessment roll counts 1,502 homes, 50% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.
Buyers prioritizing waterfront or canal access over a clubhouse or shared recreation amenityExcellent fit
Sellers with an updated or well-maintained home who want to test a market currently trading near a $775,000 medianExcellent fit
Buyers comfortable doing extra diligence in a market with a thin, 14-closing recent sales sampleExcellent fit
Buyers who want an established amenity package as part of the purchase decisionProbably not
Anyone expecting a large inventory of directly comparable recent sales to lean onProbably not
Sellers hoping the current 22.2% year-over-year move guarantees a repeat performanceProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: November 6, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (3 streets, ZIP 33904/33914))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (195 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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