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706 SW 56th St, Cape Coral, FL, 33914

5beds
4baths
3,688sqft
$1,425,000
$386price/sqft
$10,375/moest. monthly cost
$415,000/yrincome needed

About This Home

Beautiful turn key home.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

6/10
Pelican Elementary SchoolGrades PK-52.7 mi
7/10
Gulf Middle SchoolGrades 6-83.0 mi
3/10
Ida S. Baker High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 2001

Materials

  • Roof: Other
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Dryer,Microwave,Washer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,688 sqft

Property

Details

  • Parcel number: 234523C 103463.0050
  • Zoning: R1-W

Features

  • Stories: 2
  • Entry location: First Floor Entry
  • Private pool: Yes
  • Pool features: In Ground,Pool Only
  • Exterior features: None
  • Has view: Yes
  • View description: Garden

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
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 $7,205$86,460
Home Insurance *$840$10,080
Property Taxes $1,959$23,508
Electricity $371$4,453
Total$10,375$124,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$355,714/yr
40% on housing$311,250/yr
45% on housing$276,666/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

$386This listing

vs Other Active Listings

Avg $/sqft

ZIP 33914$364
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33914$253
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
2026-07-15Listed for sale$1,425,000
2026-03-01Listing removed$1,425,000
2025-02-28Listed for sale$1,425,000
2024-02-06Listing removed--
2023-01-04Price change$1,888,000
2022-12-26Listed for sale$1,749,000
2021-04-30Sold$1,250,000
2021-03-28Pending sale$1,250,000
2021-03-11Listed for sale$1,250,000
2021-03-11Pending sale$1,250,000
2021-02-23Listed for sale$1,250,000
2011-07-05Sold$615,000
2011-02-26Listed for sale$725,000
2011-01-15Listing removed$699,000
2010-01-13Listed for sale$699,000

For Sale by Agent

AgentSteven Thompson
BrokerageHome for Sale Miami FL Inc

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