Southwest Florida Communities

Contact Mary Ray or David Sporleder

If you have any questions or need more detailed information, please feel free to contact us via phone at 239-410-5821(Mary) 239-691-0157 (David) or fill out the form to let us know how we can help with your real estate needs.

Office Location 4002 Del Prado Blvd S
Cape Coral, Fl, 33904
Phone: (239) 410-5821
Phone: (239) 691-0157
Fax: (866) 524-5098

Cape Coral Foreclosures

Once the home of a booming housing market, Florida is now seeing record numbers of foreclosure filings and putting a wide variety of homes on the market. According to RealtyTrac.com, foreclosures in the state are selling for about $257,576 on average—a 41% savings. Cape Coral in particular has seen a great deal of foreclosure activity, which makes this an excellent time to find a deal on Cape Coral real estate.

Read more about Cape Coral foreclosures, or click here to see all Cape Coral FL foreclosure listings .

Cape Coral Florida Listings

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000


2,427 Results found, displaying first 50. Showing results 1 - 8.

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With captivating vistas, and the world class TARPON POINT ESTATES address, this is a one-of-kind...

Price: $7,895,000
City: Cape Coral
Bedrooms: 4
Bathrooms: 6.0
Property Type: Residential
MLS ID: 200805870
Listing Firm: Prudential Florida Realty

With captivating vistas, and the world class TARPON POINT ESTATES address, this is a one-of-kind...

Price: $5,750,000
City: Cape Coral
Bedrooms: 4
Bathrooms: 6.0
Property Type: Residential
MLS ID: 200805868
Listing Firm: Prudential Florida Realty

Magnificent TOP FLOOR PENTHOUSE offering sweeping and panoramic views of the Tarpon Point...

Price: $4,200,000
City: Cape Coral
Bedrooms: 4
Bathrooms: 6.0
Property Type: Residential
MLS ID: 200950494
Listing Firm: Prudential Florida Realty

This Authentic Mediterranean-style Mansion is located directly on the Caloosahatchee River,...

Price: $4,199,000
City: Cape Coral
Bedrooms: 6
Bathrooms: 9.0
Property Type: Residential
MLS ID: 200944218
Listing Firm: Coldwell Banker Residential Real Estate

This beautiful riverfront estate is luxury at its finest.Don't let the taxrole age fool you.This...

Price: $3,500,000
City: Cape Coral
Bedrooms: 4
Bathrooms: 5.0
Property Type: Residential
MLS ID: 200931685
Listing Firm: Preferred Choice Realty Group

Sophisticated impeccable model home with breathtaking views and direct sailboat access docking...

Price: $3,150,000
City: Cape Coral
Bedrooms: 3
Bathrooms: 5.0
Property Type: Residential
MLS ID: 200754266
Listing Firm: Prudential Florida Realty

H.5157- Your Personal Resort - Designer Estate Home with 2 deep water boat lifts and immediate...

Price: $3,145,000
City: Cape Coral
Bedrooms: 7
Bathrooms: 7.0
Property Type: Residential
MLS ID: 201031669
Listing Firm: John R. Wood, Inc.

Fully furnished and decorated former Aubuchon model home. Over 4000 sq ft under air. Direct...

Price: $2,975,000
City: Cape Coral
Bedrooms: 4
Bathrooms: 4.0
Property Type: Residential
MLS ID: 200956153
Listing Firm: Grosse Pointe Realty, LLC
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Information Source: REALTOR® Association of Greater Fort Myers And The Beach, Inc.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Register for a free, all-access pass to Cape Coral MLS listings. Registering allows you to create your own account where you can bookmark listings, request showings, and much more. Register today.

Cape Coral Florida: Foreclosures, Short Sales & Bank Owned Homes

Why are there so many foreclosures in Cape Coral and surrounding areas? During the real estate boom of the mid-2000s, there was a major influx of buyers in Southwest Florida. Builders flocked to the area, banks had lax lending standards, and homes flew off the shelves.

Because real estate markets naturally ebb and flow, an inevitable market correction came. Suddenly there were more homes than interested buyers, and many of the homeowners who had subprime mortgages saw their monthly payments balloon. After missing a couple of payments, the foreclosure process began on their Cape Coral homes.

Homeowners who are struggling with their mortgages may try to sell their homes through a short sale, which involves selling their property for less than they owe. If they're unable to do this, the property will be put up for auction. If the auction doesn't result in a sale, ownership of the homes revert to the lender, and the house is now considered a "bank owned" home or "REO."

Because lenders aren't particularly interested in owning real estate, Cape Coral foreclosures generally sell for much less than they would have a couple of years ago. Right now, buyers looking for a slice of paradise in Southwest Florida can scoop up some great deals if they shop carefully. There are also fewer buyers on the market because lending requirements have become much stricter. This puts you in a strong position to negotiate for your Cape Coral home. 

Purchasing a short sale, foreclosure property, or bank owned homes does have its risks, however. Not all properties are worth what the bank is trying to sell them for, and some houses will require costly repairs. To make sure that the home you're thinking of buying is a good investment, it's important to have an experienced real estate agent by your side.

If you're interested in buying a foreclosure, short sale, or bank owned home in Cape Coral FL, contact us for expert advice.

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