Property Taxes in Cape Coral, Florida
Median Cape Coral, Florida effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, and higher than the Florida state median of 1.10%.
Median Cape Coral, Florida home value: $309,712
Median annual Cape Coral, Florida tax bill: $4,138, $1,738 higher than the national median property tax bill of $2,400.
How are property taxes in Lee calculated?
Property taxes in Cape Coral, Florida 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 April 13, 2026
How Does the Cape Coral Property Tax Calculator Work?
Use this Cape Coral property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Cape Coral's median effective tax rate of 1.32% — based on actual property records in Lee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cape Coral's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cape Coral: rates range from $3,430.00 in 33909 to $5,241.00 in 33914, primarily due to differences in school district levies and local assessment districts.
Cape Coral's median property tax bill is $4,138, which is higher than Florida's median bill by $1,738 and above the national median property tax bill of $2,400. If your estimate is higher than expected, Ownwell can appeal your Cape Coral assessment — you only pay if we save you money.
About Cape Coral Property Taxes
About Property Taxes in Cape Coral, Lee, Florida
Cape Coral’s median effective property tax rate of 1.32% is higher than the Florida state median of 1.10% and higher than the national median of 1.02%. This rate reflects the Lee County base levy combined with local school district levies and Municipal Service Benefit Units that vary by subdivision throughout the city.
Property tax rates are not uniform across Cape Coral. Homeowners in ZIP code 33993 carry a median effective rate of 1.44%, while those in 33904 pay 1.20%. This spread reflects how school district boundaries and local assessment districts are drawn across Lee County. Understanding which part of Cape Coral you live in can make a meaningful difference to your annual tax bill.
Cape Coral homeowners who believe their assessed value is too high can file a formal appeal with the Property Appraiser before the September 12, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cape Coral, Lee County, Florida
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Cape Coral's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.
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
1.32%
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
1.10%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Cape Coral, Lee County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33904 | 0.52% | 0.72% | 1.20% | 1.66% | 1.86% |
| 33909 | 0.55% | 0.89% | 1.44% | 1.78% | 2.26% |
| 33914 | 0.61% | 0.86% | 1.28% | 1.69% | 1.95% |
| 33990 | 0.58% | 0.76% | 1.21% | 1.72% | 1.92% |
| 33991 | 0.68% | 0.94% | 1.36% | 1.81% | 2.09% |
| 33993 | 0.54% | 0.90% | 1.44% | 1.80% | 2.40% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Cape Coral, Lee County, Florida
When examining property taxes in Cape Coral, Florida, 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.
Assessment notices:
In Lee County, assessment notices are sent in August each year. They'll typically reach your mailbox by the middle of August.
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 $309,712, with tax bills ranging significantly across the county. 33914 has the highest median home price at $395,418.
Property Tax Assessment Values Across Cape Coral, Lee County, Florida
Source: Ownwell
$77,341
$1,933,747
$3,790,152
Median Cape Coral Market Value
$309,712
Median Lee County Market Value
$300,439
Median Florida Market Value
$310,033
Median United States Market Value
$274,101
Property Tax Assessment Values Across Cape Coral, Lee County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33904 | $203,811 | $244,817 | $318,958 | $509,162 | $683,031 |
| 33909 | $178,300 | $231,018 | $267,053 | $309,965 | $375,825 |
| 33914 | $240,189 | $294,077 | $395,418 | $611,393 | $880,771 |
| 33990 | $224,897 | $253,855 | $301,959 | $388,137 | $485,222 |
| 33991 | $245,627 | $279,312 | $330,014 | $416,737 | $531,998 |
| 33993 | $185,086 | $258,862 | $292,162 | $360,782 | $551,088 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Cape Coral, Lee County, Florida
Property tax bills in Cape Coral are based on the assessed value of a home, local tax rates, and any exemptions that apply. When a property’s market value is set, the taxable amount is used to calculate the bill, so homeowners with higher-valued properties or fewer exemptions often pay more. In Lee County, the median home price is $309,712, and tax bills can vary widely across the city.
For many homeowners, the impact is significant: the 25th percentile tax bill is $2,531, while the 75th percentile is $5,920 and the 90th percentile reaches $8,480. The highest median tax bill is $5,241 in zip code 33914, compared with $3,430 in zip code 33909. These differences show how location and assessment details can affect what you owe.
Ownwell helps homeowners lower property tax bills by identifying overassessments, finding savings opportunities, and filing appeals and exemptions that may reduce what you pay.
Median Cape Coral Tax Bill
$4,138
Median Lee County Tax Bill
$3,258
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$3,209
Property Tax Bills Across Cape Coral, Lee County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33904 | $1,317 | $2,352 | $4,014 | $6,261 | $9,497 |
| 33909 | $1,075 | $1,981 | $3,430 | $4,657 | $5,868 |
| 33914 | $2,032 | $3,315 | $5,241 | $7,814 | $11,616 |
| 33990 | $1,538 | $2,325 | $3,852 | $5,412 | $7,218 |
| 33991 | $2,087 | $3,133 | $4,563 | $6,113 | $7,879 |
| 33993 | $1,058 | $2,210 | $3,879 | $5,294 | $7,272 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 11 |
| Tax Bill | |
| Issued | November 1 |
| Due Date #1 | March 31 |
Links | |
|---|---|
| Lee Property Appraiser | |
| Website | www.leepa.org |