SW 58th Ter / SW 1st Ct median real estate price is $406,328, which is more expensive than 87.6% of the neighborhoods in Florida and 82.7% of the neighborhoods in the U.S.
The average rental price in SW 58th Ter / SW 1st Ct is currently $1,103, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.1% of Florida neighborhoods.
SW 58th Ter / SW 1st Ct is a suburban neighborhood (based on population density) located in Cape Coral, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
SW 58th Ter / SW 1st Ct real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the SW 58th Ter / SW 1st Ct neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in SW 58th Ter / SW 1st Ct. The current real estate vacancy rate here is 27.0%. This is higher than the rate of vacancies in 92.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.