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Lehigh Acres 33972 Joel
506 Causeway Drive
Photo of 506 Causeway Drive
Sold on Jul 31, 2026

32

Map

Photo of 506 Causeway Drive
Photo of 506 Causeway Drive
$235,000
● House - Off Market

506 Causeway Drive

Lehigh Acres, FL 33936
bedrooms
2 Beds
bathrooms
2 Baths
square feet
864 Ft²
$1,309
Est. Monthly

About This Property

You can't beat the view! Welcome to 506 Causeway Dr. Nestled on a peninsula between the two sides of Lake Denise. This one owner POOL home has been meticulously maintained inside and out. A/C new in 2022, impact windows and more. The landscaped lot is manicured. Ideal home for a winter retreat with your own pool and yard. No Association dues and very low taxes. See it today before it gets away.
Unit Size
864 Ft²
Days on Market
281 days
Land Size
0.17 acres
Price per sqft
$289
Property Type
House
Property Taxes
$82
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago ( #2025016743)

Price History

Date / Event Date Event Price
Jul 31, 2026 Sold
Premium
Sold
Jun 29, 2026 In contract -
In contract
Jun 20, 2026 Price Decreased $249,900
↓ $10K (3.9%)
Price Decreased
May 1, 2026 Relisted $259,900
Relisted
Feb 6, 2026 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 119

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,156
  • Gross Building Area: 2,156
  • Building Area: 968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 968
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEHIGH CAMILLE GARDENS
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 001
  • Legal Description 1: LAKEWOOD TERRACE BLK 20 PB 15 PG 121 LOT 12

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 040207

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: 32A
  • Account Number: 10385606
  • Subdivision Tract Number: 13
  • Parcel: 26-44-27-13-00020.0120
  • Block: 20
  • Lot: 12
  • Meridian: SEC 26 TWN 44S RNG 27E
  • Municipality: LEHIGH ACRES FIRE & LIGHT
  • Latitude: 26.619
  • Longitude: -81.5918

    Address

  • Full Address: 506 Causeway Dr
  • Address - House Number: 506
  • Address - Street Name: Causeway
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lehigh Acres
  • Carrier Code: C063
  • 4-Digit Zip Code: 1226
  • Zip Code: 33936

Valuation

    Tax

  • Total Area: 1,172
  • Tax Year: 2023
  • Tax Amount: $88,491
  • Tax Rate Code Area: 048

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 233,984
  • High Value: 279,627
  • Low Value: 188,340

    Market Valuation

  • Market Total Value: $198,937
  • Market Land Value: $34,911
  • Market Improvement Value: $143,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,902

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Joel

Stats & Trends

Median Asking:

$324,900

Sale Price/ft²

$204

Below Asking

0.03%

Average Days on Market

80

Average Home Size

1547 ft²

Average Home Age

-

Currently For Sale

284 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 608 Gerald Avenue, Lehigh Acres, FL, 33936

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 882 ft²
608 Gerald Avenue #224, Lehigh Acres, FL, 33936 Listing by Josephine Vieira
Unit for rent at 1601 E 7th Street, Lehigh Acres, FL, 33972

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,197 ft²
1601 E 7th Street, Lehigh Acres, FL, 33972 Listing by Rick Pitts
Unit for rent at 4204 E 5th Street, Lehigh Acres, FL, 33972

$2,075 /mo

  • 4 Beds
  • 2 Baths
  • 1,650 ft²
4204 E 5th Street, Lehigh Acres, FL, 33972 Listing by Elizabeth Stephenson

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 506 Causeway Drive built and last sold?
The property at 506 Causeway Drive was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 506 Causeway Drive is $256,454.
What are some comparable homes to 506 Causeway Drive?
There are currently no comparable homes to 506 Causeway Drive.
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