3 months on rocket

5240 SW 16th Pl, Cape Coral, FL, 33914

$1,599,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,496 SqFt
$641/SqFt
House
Schools Nearby

Location

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5240 SW 16th Pl, Cape Coral$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Paved, Garage Door Opener
Attached Garage2 spaces
Year Built2004
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontCanal
ViewCanal, Other, Water
Private PoolYes
MLS #224008393
Lot Size0.23 Acres
StatusActive

About 5240 SW 16th Pl

Welcome to a boater's paradise! This exquisite estate, situated on a spacious canal W/direct gulf access, is a dream come true for boating enthusiasts. The property boasts a well-appointed boat dock, boat lift, & seawall, providing the perfect setup for enjoying the water. With 5 bedrooms, 3 full baths this home combines comfort & functionality. Step through the double full leaded glass doors into an inviting foyer. The interior is adorned W/upgraded lighting, ceiling fans, gorgeous tile flooring & warm wood flooring. The attention to detail is evident throughout, featuring high vaulted & tray ceilings, crown molding, plantation shutters, two fireplaces, arched glass tile windows, granite counters, & top-of-the-line SS appliances. The oversized primary bedroom invites relaxation, offering a cozy fireplace & a spa-like en suite. The outdoor experience is equally impressive, with a screened lanai area showcasing a custom pool & spa. Capture breathtaking Southwest Florida sunsets from the West-facing lanai. This prime location provides proximity to local parks, entertainment, shopping, SW FL Intl Airport, Sanibel, & Fort Myers Beach. Seize the opportunity to live in waterfront luxury.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida, Ranch, One Story
  • Year Built: 2004
  • Stories: 1
  • Living Area: 2,496 SqFt

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 333-2411
  • Listing Agent: Debra Lacey

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Built-in Features, Bedroom on Main Level, Breakfast Area, Bathtub, Tray Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Sitting Area in Primary, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Canal, Other, Water
  • Exterior: Sprinkler/Irrigation, Shutters Manual, Gas Grill

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Paved, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Sprinklers
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Ida S. Baker High School, Public Magnet Grades 9-12
  • Cape Coral High School, Public Magnet Grades 9-12
  • Mariner High School, Public District Grades 9-12
  • Gulf Middle School, Public District Grades 6-8
  • Trafalgar Middle School, Public District Grades 6-8
  • Challenger Middle School, Public District Grades 6-8
  • Gulf Elementary School, Public District Grades PK-5
  • Pelican Elementary School, Public District Grades PK-5
  • Cape Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $641/SqFt

Tax Information:

  • Annual Amount: $10,074
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

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Cape Coral, FL

City

Med. Sold Price

$398.8K

Med. Price/SqFt

$238

Avg. Days On Market

71

# of Sold Homes

593

5240 SW 16th Pl vs Cape Coral

96 DAYS ON ROCKET

+25 Days

$1,599,000

+$1.2M More

$641/SqFt

+$402 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $402/SqFt more than other homes in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224008393

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 333-2411
  • Listing Agent: Debra Lacey

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 8:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 20, 2021Home Sold
$690,000
Aug 20, 2018Home Sold
$569,000
May 05, 2011Home Sold
$550,000
Nov 16, 2004Home Sold
$719,000
Oct 18, 2004Home Sold
$719,000
Oct 15, 2001Home Sold
$89,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,074$520,844
2019$9,598$496,601
2018$9,187$462,710
2017$9,825$495,798

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6683697
8
/10

  • Gulf Elementary School

  • 3405 Agualinda Blvd

  • 2.55 miles

  • Public District Grades PK-5

school-card-donut-6683698
7
/10

  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 2.85 miles

  • Public District Grades PK-5

school-card-donut-6683699
8
/10

  • Cape Elementary School

  • 4519 Vincennes Blvd

  • 3.81 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6683700
6
/10

  • Gulf Middle School

  • 1809 SW 36th Ter

  • 2.31 miles

  • Public District Grades 6-8

school-card-donut-6683701
6
/10

  • Trafalgar Middle School

  • 2120 SW Trafalgar Pkwy

  • 4.66 miles

  • Public District Grades 6-8

school-card-donut-6683702
6
/10

  • Challenger Middle School

  • 624 SW Trafalgar Pkwy

  • 4.90 miles

  • Public District Grades 6-8

High School

school-card-donut-6683703
4
/10

  • Ida S. Baker High School

  • 3500 Agualinda Blvd

  • 2.45 miles

  • Public Magnet Grades 9-12

school-card-donut-6683704
5
/10

  • Cape Coral High School

  • 2300 Santa Barbara Blvd

  • 4.33 miles

  • Public Magnet Grades 9-12

school-card-donut-6683705
3
/10

  • Mariner High School

  • 701 Chiquita Blvd N

  • 7.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,420. Typical income of Cape Coral, FL residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5240 SW 16th Pl

What is the listing price of this property?

The listing price of 5240 SW 16th Pl property is $1,599,000.

What type of property is this?

The property 5240 SW 16th Pl is a house located in Cape Coral, Florida, 33914.

Is this property for sale now?

Active Listing: 5240 SW 16th Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5240 SW 16th Pl are:
Gulf Elementary School: GreatSchools Rating 8/10
Pelican Elementary School: GreatSchools Rating 7/10
Cape Elementary School: GreatSchools Rating 8/10
Gulf Middle School: GreatSchools Rating 6/10
Trafalgar Middle School: GreatSchools Rating 6/10
Challenger Middle School: GreatSchools Rating 6/10
Ida S. Baker High School: GreatSchools Rating 4/10
Cape Coral High School: GreatSchools Rating 5/10
Mariner High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,074 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 20, 2021 for $690,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5240 SW 16th Pl has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5240 SW 16th Pl is 2,496 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5240 SW 16th Pl is 2004.

Rocket Homes›Florida›Lee County›Cape Coral›33914›5240 SW 16th Pl

This home is located at 5240 SW 16th Pl in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 2,496 square foot home, which was built in 2004, sits on a 0.23 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $1,599,000.

In April 2024, from all listings sold in Cape Coral, FL there were more than 57 sold above asking price, over 406 sold below and more than 130 were sold right at the asked price. The number of homes for sale in Cape Coral, FL increased by 3.5% between March 2024 and April 2024. In April 2024 median list price was $398,884 and the average listing age was 71 days.

From Rocket Homes Real Estate and based on county public records data.

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