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703 Monterey Ave, Cape Coral, FL, 33904

2beds
2baths
1,324sqft
$149,900
$113price/sqft
$1,280/moest. monthly cost
$51,200/yrincome needed

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.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

7/10
Cape Elementary SchoolGrades PK-51.3 mi
6/10
Gulf Middle SchoolGrades 6-84.0 mi
4/10
Cape Coral High SchoolGrades 9-124.1 mi

Construction

Condition

  • Property condition: Known Damage
  • Year built: 1960

Materials

  • Roof: Shingle
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Living/Dining Room,Shower Only,Separate Shower,Great Room
  • Window features: Other
  • Flooring: Laminate

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,642
  • Total interior livable area: 1,324 sqft

Property

Details

  • Parcel number: 134523C300133.0530
  • Lease amount: 0
  • Zoning description: R1
  • Special condition: In Foreclosure

Features

  • Stories: 1
  • Exterior features: Fruit Trees,None
  • Has view: Yes
  • View description: Landscaped
  • Waterfront features: None

Lot

  • Lot size: 10,018 sqft
  • Features: Rectangular Lot
  • Lot size dimensions: 80 x 125 x 80 x 125

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $757$9,084
Home Insurance *$120$1,440
Property Taxes $206$2,472
Electricity $197$2,366
Total$1,280$15,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,885/yr
40% on housing$38,400/yr
45% on housing$34,133/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$113This listing

vs Other Active Listings

Avg $/sqft

ZIP 33904$298
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33904$258
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-05Listing removed$1,600
2025-07-21Price change$1,600
2025-06-29Listed for rent$1,800
2025-05-06Sold$120,100
2018-05-08Listing removed$134,940
2018-04-18Listed for sale--
2006-11-08Sold$216,000

Pre-Foreclosure

AgentNilsa Ferrer
BrokerageRE/MAX Trend

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