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$145,000 Sale Pending
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Property Description
Unbeatable value in Cape Coral! This solid block construction 2-bed, 1-bath home is the best-priced property on the market and carries tremendous upside for anyone looking for a project with strong potential. Located in an area with no flood zone, low property taxes, and no HOA, this home provides affordability and long-term security. Inside and out, the home features fresh new paint, plus a newer roof, giving you a strong head start on improvements. Whether you're an investor, flipper, or buyer wanting a starter home you can customize over time, this is a rare opportunity at this price point. This will not last long!
Full Property Details
Full Property Details for 1196 Pine Lake Dr
General
- Price: $145,000
- Taxes: $339 (2024)
- Status: Pending
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225083348
- Updated: 1/6/2026
- Added to Site: 36 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Great Room, Other
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Concrete, Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Combo Tub And Shower
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Room, Eat-in Kitchen
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: None
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport
Location
- Area: CC31 - Cape Coral Unit 17, 31-36,
- County: Lee
- Subdivision: PONDELLA HEIGHTS
- Building Name: PONDELLA HEIGHTS
- Driving Directions: Drive northeast on NE Pine Island Road/FL 78. Keep right to stay on NE Pine Island Road/FL 78. Right to Pondella Road/CR 78A. Right to Pine Lake Drive. Property is on the left.
- Direction Faces: West
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Brick
- Roof: Shingle
- Windows: Jalousie, Single Hung
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,007
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,007 Sq. Ft.
- Year Built: 1960
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Property Appraiser Office
- Irrigation System: Well
- Lot Features: Regular
- Zoning: RS-1
- Lot Description: Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Amount: $339
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: PONDELLA HEIGHTS UNIT 2 BLK 2 PB 12 PG 25 LOT 17
- Property ID: 08-44-24-02-00002.0170
- Section: 8
- Block: 2
- Lot Number: 17
Listed by Beycome of Florida LLC
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Schools
Schools serving 1196 Pine Lake Dr
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 0.5 mi |
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903 | K-5 | 1.7 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 2 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 1.9 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 2.1 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 5 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 1 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 4.2 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1196 Pine Lake Dr
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$145,000
-2.68%
MLS
12/12/2025
Listed
$149,000
75.29%
MLS
11/28/2025
Sold
$85,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1196 Pine Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,763
419%
$122,324
373%
2024
$340
6%
$25,878
3%
2023
$321
-10%
$25,124
-72%
2021
$355
-14%
$90,082
269%
2022
$411
16%
$24,392
4%
2021
$355
7%
$23,355
2%
2019
$333
—
$22,830
2%
2018
$332
3%
$22,404
2%
2017
$323
13%
$21,943
2%
2016
$287
3%
$21,492
-48%
2015
$278
8%
$41,103
—
2014
$258
—
$41,198
41%
2013
$257
—
$29,197
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1196 Pine Lake Dr
1196 Pine Lake Dr, Cape Coral, FL 33909 (MLS# 225083348) is a Single Family property with 2 bedrooms and 1 full bathroom. 1196 Pine Lake Dr is currently listed for $145,000 and was received on December 12, 2025. Want to learn more about 1196 Pine Lake Dr? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

