4240 PALM TREE BOULEVARD, CAPE CORAL, FL, 33904
Active18 days on marketListed Oct 20, 2026MLS #TB8559952
About this home
4240 PALM TREE BOULEVARD
Discover the perfect combination of comfort, style, and Florida living in the heart of highly desirable Southeast Cape Coral! Conveniently located just minutes from downtown Cape Coral and the exciting Bimini Basin redevelopment, this beautifully renovated property puts shopping, waterfront restaurants, entertainment, and outdoor activities within easy reach. Fully remodeled and move-in ready, this exceptional home features 3 bedrooms, 2 bathrooms, PLUS a private mother-in-law suite, ideal for extended family or visiting guests. Situated on an oversized corner lot, this property is fully fenced for added privacy, offering extra outdoor space to relax, entertain, and enjoy the Florida lifestyle. Step outside into your own private tropical retreat, featuring a sparkling swimming pool surrounded by a screened-in lanai, perfect for relaxing in the Florida sunshine, enjoying outdoor dining, or entertaining family and friends year-round. Inside, you’ll appreciate the beautifully updated living spaces, thoughtfully designed to provide a fresh, modern feel. With a new roof installed in 2022 and extensive renovations throughout, this home offers an excellent combination of quality, functionality, and style. Situated in an established neighborhood near the growing Cape Coral Downtown , this property offers the convenience of nearby dining, shopping, nightlife, and recreation while preserving the relaxing atmosphere of a residential community.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,615
Sqft
0.28 ac
Lot size
1965
Year built
One
Levels
$223
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,260 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,260/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+18.2%
$/sqft vs CAPE CORAL
$223 vs $229
Days on market
18 vs 45 typical
Where $223/sqft sits among the 168 homes for sale in CAPE CORAL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Bimini Basin
Get to know Cape Coral. See the full Cape Coral guide →
Bimini Basin — neighborhood snapshot
Population
7,939
Median age
52
Median income
$75,211
Median home value
$297,974
Avg household
2
Households w/ children
593
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$358K → $415K
Cape Coral median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
72 of 168
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 19% below the CAPE CORAL 33904 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 4240 PALM TREE BOULEVARD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$310,000
217 SW 43RD TERRACE · same community
3 bd · 2 ba · 1,661 sqft · $187/sqft · 108 DOM
Sold · Dec ’25$260,000
1813 SW 36TH TERRACE · same community
3 bd · 2 ba · 1,522 sqft · $171/sqft · 40 DOM
Sold · Dec ’25$260,000
230 NE 9TH AVENUE · same community
3 bd · 2 ba · 1,522 sqft · $171/sqft · 85 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4240 PALM TREE BOULEVARD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4240 PALM TREE BOULEVARD — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4240 PALM TREE BOULEVARD FAQs
What would the monthly payment be for 4240 PALM TREE BOULEVARD?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $3,260/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4240 PALM TREE BOULEVARD?+
The most recent tax bill on record (2025) was $5,635. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $359,900, this home is listed about 14% below the Cape Coral median of $419,900. The market section on this page shows how the area is trending.
Which schools are assigned to 4240 PALM TREE BOULEVARD?+
Cape Elementary School (elementary), Pelican Elementary School (elementary), Cape Coral High School (high), Gulf Middle School (middle), Gulf Elementary School (elementary), Ida S. Baker High School (high), Trafalgar Middle School (middle), Mariner High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the CAPE CORAL 33904 market on paper
$359,900 is 19% below the CAPE CORAL 33904 median of $442,000, and at $223/sqft it sits under the Cape Coral average of $272.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Cape Elementary School, Pelican Elementary School, Cape Coral High School, Gulf Middle School, Gulf Elementary School, Ida S. Baker High School, Trafalgar Middle School, Mariner High School, North Fort Myers High School — Gulf Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of FRIENDS REALTY LLC · Odamis Roque. MLS #TB8559952.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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