$389,000

505 Monterey Ave Cape Coral, FL 33904

$4,619
Closing credit¹
4 beds
2 full
1,633 sqft
0.3 acres
$238 / sqft
House

Property details

About 505 Monterey Ave

Welcome to 505 Monterey Ave — a stylish, move-in-ready gem in the heart of Cape Coral! Situated on a spacious 1/3-acre corner lot, there’s plenty of room for kids and pets to play under the Florida sun. Just minutes from Bimini Basin, Slip Away, Jaycee Park, Cape Coral Yacht Club, and the vibrant Downtown district, this location is ideal for boating, biking, and beach lovers—yes, you can walk to the beach! Inside, you’ll find recessed LED lighting throughout, giving the home a bright and modern feel. The kitchen is a showstopper, featuring a waterfall quartz island, upgraded Samsung appliances, an induction cooktop, and a custom coffee bar. Two sets of upgraded front-load washers and dryers offer everyday convenience. The garage is cooled with a mini split unit, offering flexibility as an entertaining space, home gym, or workshop. Bonus: The home is equipped with a 230V/35-amp EV charging outlet—perfect for your electric vehicle. Stylish, innovative, and centrally located—this Cape Coral beauty checks every box!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, Wall Unit(s)
Size1,633 sqft
Lot size0.327 Acres
Year built1981
ParkingAttached, Covered, Driveway, Garage, Paved, Two Spaces, Garage Door Opener
MLS #225055622
Attached garage2 spaces

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Purifier, Washer
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, Kitchen Island, Other, Pantry, Shower Only, Separate Shower, Vaulted Ceiling(s), Bar, Split Bedrooms
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Attached, Covered, Driveway, Garage, Paved, Two Spaces, Garage Door Opener
  • Waterfront: None
  • Exterior: None, Patio, Room For Pool
  • Architectural Style: Ranch, One Story
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
  • List Price: $389,000
  • Price/SqFt: $238
  • HOA Amount: $0
  • Annual Tax Amount: $1,898
  • Tax Year: 2023
  • Lot: Corner Lot, Oversized Lot
  • Directions: Directions from Cape Coral Pkwy: Head south on Coronado Pkwy, then turn left onto Monterey Ave. The home is situated on a corner lot at 505 Monterey Avenue.
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,633 SqFt
  • Lot Size: 0.327 Acres
  • MLS Number: 225055622
  • MLS Name: SWFL
  • Office Name: Royal Shell Real Estate, Inc.
  • Office Phone: (239) 472-0078
  • Office Email: MLSNotices@RoyalShell.com
  • Listing Agent: Melissa Smith

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: 6/28/2025, 3:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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505 Monterey Ave, Cape Coral, FL 33904 - single story home featuring an attached garage, stucco siding, driveway, roof mounted solar panels, and a front lawn

$389,000

505 Monterey Ave

$4,619

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 23, 2020
Home Sold
$259,000
Apr 03, 2007
Home Sold
$225,000

Tax history

YearAssessmentProperty Tax
2023$108,859$1,898
2022$284,377$4,451
2021$192,174$4,451
2020$77,504$3,949
2019$75,761$1,199
2018$74,348$1,181
2017$72,819$1,174

History based on county public records data.

Nearby schools

8

Cape Elementary School

Public District KG-5

1.4 mi

4519 Vincennes Blvd

4

Pelican Elementary School

Public District KG-5

2.6 mi

3525 SW 3rd Ave

6

Heights Elementary School

Public District KG-5

3.1 mi

15200 Alexandria Ct

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $87,500. Residents of Cape Coral, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

5%
<35k
63%
35k-100k
27%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
41%
35-64 yrs old
33%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 505 Monterey Ave

The listing price of 505 Monterey Ave property is $389,000.

The property 505 Monterey Ave is a house located in Cape Coral, Florida, 33904.

Active Listing: 505 Monterey Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 Monterey Ave are: Cape Elementary School (GreatSchools Rating 8/10), Pelican Elementary School (GreatSchools Rating 4/10), Heights Elementary School (GreatSchools Rating 6/10), Cypress Lake Middle School (GreatSchools Rating 7/10), Gulf Middle School (GreatSchools Rating 8/10), Heritage Charter Academy of Cape Coral (GreatSchools Rating 2/10), Cypress Lake High School (GreatSchools Rating 4/10), Cape Coral High School (GreatSchools Rating 4/10), Ida S. Baker High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $1,898 (source: MLS/based on county public records data).

The last sale was on November 23, 2020 for $259,000 (source: MLS/tax record).

The property at 505 Monterey Ave has 4 bedrooms and 2 bathrooms.

The property 505 Monterey Ave is 1,633 SqFt (source: MLS/tax record).

The year of construction for 505 Monterey Ave is 1981.

This home is located at 505 Monterey Ave in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. This 1,633 square foot home, which was built in 1981, sits on a 0.33 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $389,000.

While more than 67 listings in Cape Coral, FL in May 2025 were sold above asking price, there were more than 134 listings sold at asking price, and more than 390 were sold below. Between April and May 2025, Cape Coral, FL real estate market has seen increase in the number of listings by 3.1%. In May 2025 median list price was $380,006 and the average listing age was 87 days.

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

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