Cape Coral, Lee County, Florida Property Taxes
Median CAPE CORAL, FL effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median CAPE CORAL, FL home value: $294,705
Median annual CAPE CORAL, FL tax bill: $3,722, $1,322 higher than the national median property tax bill of $2,400.
How are property taxes in Lee calculated?
Property taxes in CAPE CORAL, FL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding CAPE CORAL’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CAPE CORAL, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cape Coral, Lee County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.21%
Estimate Property Tax Bill
$3,566
$3,309
$1,102
Average Tax Savings
Property Tax Rates Across Cape Coral, Lee County, Florida
Local government entities in Florida determine property tax rates, which can vary significantly within the state. Each county annually estimates its budget to provide necessary services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates, this is essentially the annual process.
In Cape Coral, located in Lee County, the effective property tax rate is a key point of comparison to other cities in Florida. The city's rate is notably distinct when compared to both the state and national medians. Florida's median property tax rate stands at 1.21%, which is higher than the national median of 1.02%. Within Cape Coral, the highest median tax rate can be found in the 33991 zip code, at 1.32%, while the lowest is in the 33990 zip code, at 1.10%. This variation highlights the importance of understanding local tax rates when considering property investments. By staying informed, property owners can make strategic decisions to potentially lower their tax liabilities and maximize their investment returns.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cape Coral Tax Rate
1.21%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lee County Tax Rate
1.23%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cape Coral, Lee County, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33904 | 0.55% | 0.73% | 1.13% | 1.55% | 1.67% |
33909 | 0.58% | 0.91% | 1.24% | 1.64% | 1.88% |
33914 | 0.65% | 0.89% | 1.28% | 1.59% | 1.79% |
33990 | 0.58% | 0.71% | 1.10% | 1.61% | 1.78% |
33991 | 0.70% | 0.95% | 1.32% | 1.71% | 2.02% |
33993 | 0.61% | 0.93% | 1.19% | 1.62% | 1.88% |
Source: Ownwell
$1,102
Average Cape Coral Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Cape Coral, Lee County, Florida
When examining property taxes in Cape Coral, FL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lee County Property Appraiser estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Lee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cape Coral.
For example, the median home price in Cape Coral is $294,705, with tax bills ranging significantly across the county. Zip code 33914 has the highest median home price at $375,168.
Property Tax Assessment Values Across Cape Coral, Lee County, Florida
Source: Ownwell

$146,823
$1,473,289
$2,799,755
Median Cape Coral Market Value
$294,705
Median Lee County Market Value
$269,922
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cape Coral, Lee County, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33904 | $177,773 | $221,910 | $308,673 | $486,089 | $677,480 |
33909 | $164,934 | $203,223 | $243,075 | $293,322 | $361,658 |
33914 | $216,627 | $276,591 | $375,168 | $568,804 | $801,155 |
33990 | $193,893 | $227,260 | $279,672 | $360,348 | $470,944 |
33991 | $211,194 | $252,042 | $306,730 | $387,084 | $499,048 |
33993 | $202,790 | $236,082 | $275,138 | $355,575 | $533,944 |
Source: Ownwell
$1,102
Average Cape Coral Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Cape Coral, Lee County, Florida
Median Cape Coral Tax Bill
$3,722
Median Lee County Tax Bill
$3,155
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Cape Coral, Lee County, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33904 | $1,330 | $2,161 | $3,483 | $5,482 | $8,387 |
33909 | $1,222 | $2,080 | $3,099 | $4,127 | $5,204 |
33914 | $1,942 | $3,083 | $4,734 | $6,990 | $10,311 |
33990 | $1,353 | $1,999 | $3,339 | $4,669 | $6,274 |
33991 | $1,971 | $2,964 | $4,151 | $5,414 | $6,974 |
33993 | $1,476 | $2,459 | $3,648 | $4,824 | $6,775 |
Source: Ownwell
$1,102
Average Cape Coral Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to petition!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | September 1 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Lee Property Appraiser | |
Website | www.leepa.org |
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