For SaleRisky Deal0 days on market
1606 SW 15th AVE
1606 SW 15th AVE, CAPE CORAL, FL 33991, Cape Coral, FL 33991
$550,000
Listing Price
1606 SW 15th AVE, CAPE CORAL, FL 33991
Loc: Cape Coral, FL
Days Listed
0
Tax Assessed
$359k
Lot Size
10,019 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Trafalgar Elementary School
PK-5
0.7 mi away
8
Challenger Middle School
6-8
1 mi away
5
Cape Coral High School
9-12
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
screen-enclosed poollanaioutdoor livingstucco exteriorresort-styleprivate poolcovered patiotropical landscapingmodernpoolsidemaintenance-freevacation vibesun-drenched
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.6%
Cash Flow
$-34/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-34/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Cape Coral
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $550,000 | $308 |
| 2026-08-01 | Listing removed | $500,000 | $280 |
| 2026-06-12 | Price change | $500,000 | $280 |
| 2026-04-27 | Price change | $510,000 | $285 |
| 2026-04-05 | Price change | $519,500 | $291 |
| 2026-03-14 | Price change | $529,500 | $296 |
| 2026-02-27 | Price change | $535,000 | $299 |
| 2026-02-18 | Price change | $545,000 | $305 |
| 2026-02-10 | Listed for sale | $550,000 | $308 |
| 2018-09-28 | Sold | $235,000 | $132 |
| 2018-08-30 | Pending sale | $249,000 | $139 |
| 2018-08-08 | Price change | $249,000 | $139 |
| 2018-06-28 | Price change | $259,000 | $145 |
| 2018-03-26 | Price change | $279,000 | $156 |
| 2018-01-11 | Price change | $289,000 | $162 |
| 2017-10-31 | Price change | $299,000 | $167 |
| 2017-07-05 | Listed for sale | $329,000 | $184 |
| 2015-01-28 | Listing removed | $1,600 | $1 |
| 2015-01-22 | Listed for rent | $1,600 | $1 |
| 2014-04-08 | Listing removed | $1,650 | $1 |
| 2013-12-05 | Listed for rent | $1,650 | $1 |
| 2013-04-07 | Listing removed | $1,650 | $1 |
| 2013-01-08 | Listed for rent | $1,650 | $1 |
| 2012-09-13 | Sold | $179,900 | $101 |
| 2012-08-08 | Listed for sale | $179,900 | $101 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,619.68 | $249,488 |
| 2024 | $1,472.56 | $242,457 |
| 2023 | $1,382.2 | $235,395 |
| 2022 | $1,235.14 | $228,539 |
| 2021 | $1,147.02 | $0 |
| 2020 | $1,118.06 | $218,820 |
| 2019 | $1,942.16 | $214,796 |
| 2018 | $1,942.16 | $202,677 |
| 2017 | $5,663.45 | $197,022 |
| 2016 | $5,617.42 | $187,727 |
| 2015 | $5,397.44 | $166,499 |
| 2014 | $5,153.92 | $153,797 |
| 2013 | $4,933.79 | $143,087 |
| 2012 | $1,991.49 | $130,399 |
| 2011 | $1,951.18 | $120,972 |
| 2010 | $1,953.69 | $119,043 |
| 2009 | $1,964.2 | $121,080 |
| 2008 | $2,818.5 | $191,870 |
| 2007 | $3,006.46 | $269,710 |
| 2006 | $3,025.93 | $265,740 |
| 2004 | $3,229.61 | $167,840 |
| 2003 | $378.61 | $15,300 |
| 2002 | $158.12 | $5,520 |
| 2000 | $0 | $5,650 |
Similar Properties Nearby
Explore other investment opportunities in Cape Coral.