Why Live in Bimini Basin
Bimini Basin in Cape Coral is a waterfront neighborhood known for its Florida-ranch-style homes and Spanish-revival houses, many of which feature private docks and screened-in swimming pools. The area offers a mix of single-family homes, multifamily condos, and larger estates, with prices varying based on proximity to the water. The neighborhood has no HOA, though some condos require monthly dues. Bimini Basin feeds into the Caloosahatchee River, making it a popular spot for boating and manatee sightings. Four Freedoms Park, with its sandy beach, picnic tables, and playground, is a local attraction, while the nearby Gulf of Mexico is a renowned fishing destination. The Great Calusa Blueway offers nearly 200 miles of aquatic trails for kayaking and canoeing. Downtown Cape Coral, less than a mile away, features a variety of dining options, including Iguana Mia of Cape Coral and Fish Tale Grill, as well as grocery stores like Winn-Dixie and retail shopping at Target 5 miles away. The Bimini Square Project aims to enhance the commercial scene with new luxury apartments, waterfront restaurants, and retail shops. The Cape Coral Farmers Market, 2 miles away, is a popular weekend event, and the Holiday Boat Along at Four Freedoms Park draws crowds for its festive boat parade. LeeTran provides public transportation throughout the neighborhood, and Southwest Florida International Airport is 17 miles away. The Lee County School District serves the area, with highly rated schools such as Cape Coral High School, Gulf Middle School, and Cape Elementary School.
Home Trends in Bimini Basin, FL
On average, homes in Bimini Basin, Cape Coral sell after 109 days on the market compared to the national average of 52 days. The median sale price for homes in Bimini Basin, Cape Coral over the last 12 months is $300,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$300,000
Median Single Family Sale Price
$346,624
Median Townhouse Sale Price
$320,000
Median 2 Bedroom Sale Price
$208,499
Median 1 Bedroom Sale Price
$106,000
Average Price Per Sq Ft
$228
Number of Homes for Sale
111
Last 12 months Home Sales
263
Median List Price
$330,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-15%