All Listings, $300,000 - $400,000 Real Estate For Sale in Cape Coral, FL

Welcome to this beautiful home located at 1201 ne 18th pl, cape coral, fl 33909! This well-maintained property offers the perfect combination of comfort, functionality, and florida living. Featuring a spacious layout with bright and open living areas, this home provides an inviting atmosphere ideal for both everyday living and entertaining. Enjoy a generously sized backyard with endless possibilities to create your own outdoor oasis. Conveniently located near shopping, dining, schools, parks, and with easy access to major roads. Whether you're looking for a primary residence, vacation home, or investment opportunity, this property is a must-see. Schedule your private showing today and discover all that this cape coral gem has to offer!

This 3-bedroom, 2-bath home offers a comfortable layout with several unique features and plenty of flexibility. Highlights include a 2023 roof, mature mango tree, attractive landscaping, an exterior generator connection, and an lg stackable washer and dryer conveniently located in the primary suite. The tiled garage adds even more versatility with a separate mini-split a/c system, an additional washer, and an area with a sink, shower, and toilet, creating options for a gym, office, hobby area, guest space, or other flexible use. Furnishings are optional for an additional $15, 000 and may include five flat-screen tvs, the lg stackable washer/dryer, the garage washer, and existing furniture, with furnishings and terms negotiable. Buyers who choose to finance through the preferred lender may qualify for up to $14, 000 in lender credit toward eligible closing costs and/or prepaid expenses, depending on buyer qualifications, loan program, property eligibility, and lender approval. A great opportunity to make this cape coral home your own—schedule your private showing today!

Waterfront views take center stage in this custom new construction home on a canal in cape coral’s mariner area. From the moment the front door opens, the water draws your eye through the bright, open interior. Offering 1, 687 square feet, four bedrooms, and three full bathrooms, the home combines contemporary finishes with a thoughtfully designed layout. Cathedral ceilings create dramatic volume in the living area, while porcelain tile flows throughout. The kitchen anchors the open floor plan with stone countertops and an oversized island connecting the living and dining spaces. The primary suite features a tray ceiling, walk in closet, and private bathroom with dual sinks and a walk in shower. Sliding glass doors from the dining area and bedrooms frame peaceful canal views and invite natural light throughout the home. A two car garage completes the property. Enjoy waterfront living near cape coral dining, shopping, recreation, and gulf coast beaches. Schedule your private showing today.

One or more photo(s) has been virtually staged, ai generated or rendered. This 3-bedroom, 2-bath home offers a comfortable layout with several unique features and plenty of flexibility. Highlights include a 2023 roof, mature mango tree, attractive landscaping, an exterior generator connection, and an lg stackable washer and dryer conveniently located in the primary suite. The tiled garage adds even more versatility with a separate mini-split a/c system, an additional washer, and a bonus area with a sink, shower, and toilet, creating options for a gym, office, hobby area, guest space, or other flexible use. Furnishings are optional for an additional $15, 000 and may include five flat-screen tvs, the lg stackable washer/dryer, the garage washer, and existing furniture, with furnishings and terms negotiable. Buyers who choose to finance through the preferred lender may qualify for up to $14, 000 in lender credit toward eligible closing costs and/or prepaid expenses, depending on buyer qualifications, loan program, property eligibility, and lender approval. A great opportunity to make this cape coral home your own—schedule your private showing today! Español: bienvenido a 1419 shelby pkwy, cape coral, fl 33904, ofrecida en $335, 000. Esta propiedad de 3 habitaciones y 2 baños ofrece una distribución cómoda, características únicas y excelente flexibilidad. Entre sus detalles se encuentran techo del 2023, árbol de mango maduro, atractivas áreas exteriores, conexión exterior para generador y una lavadora y secadora lg apilables convenientemente ubicadas en la habitación principal. El garaje con piso de tile ofrece aún más opciones gracias a su sistema de aire acondicionado mini-split independiente, una lavadora adicional y una zona extra con lavamanos, ducha e inodoro, ideal para gimnasio, oficina, área de pasatiempos, espacio para invitados u otros usos. Los muebles son opcionales por $15, 000 adicionales y pueden incluir cinco televisores de pantalla plana, la lavadora/secadora lg apilable, la lavadora del garaje y los muebles existentes, con artículos y términos sujetos a negociación. Los compradores que decidan financiar con el prestamista preferido podrían calificar para recibir hasta $14, 000 en crédito del prestamista para gastos de cierre y/o costos prepagados permitidos, dependiendo de sus calificaciones, programa de préstamo, elegibilidad de la propiedad y aprobación del prestamista. ¡excelente oportunidad en cape coral—programe su visita privada hoy!

Some houses are simply properties. Others have been truly lived in, cared for, and loved—and you can feel the difference. For years, this southwest cape coral home has been a place where life happened, memories were made, and pride of ownership mattered. Now, it is ready for its next chapter. This 3-bedroom, 2-bath pool home offers a bright, comfortable layout designed for real everyday living. Step inside and picture slow mornings, family dinners, weekends by the pool, and the simple feeling of coming home to a space that feels right. Thoughtful updates add both comfort and peace of mind, including a 2024 roof, new updated flooring/carpet and finishes, hurricane protection, and a two-car garage. Outside, the oversized lot gives you room to enjoy the florida lifestyle with added privacy. And then there is the location—positioned in southwest cape coral, close to the shopping, dining, entertainment, and conveniences that make this area so desirable. The current owners have poured years of love and care into this home. Now someone else gets the opportunity to create their own memories here. If you have been searching for a home that offers more than four walls—a home with warmth, location, outdoor living, and a sense that it has been genuinely cared for—this is one you need to experience in person. Schedule your private showing and come see why the next chapter may be yours.

Beautifully renovated, well-maintained + furnished in the heart of cape coral! No hoa + no flood insurance required + city water & city sewer w/ paid assessments! Welcome to 256 se santa barbara pl, a well-maintained 3 bed + 2 bath home combining modern contemporary finishes, extensive improvements, exceptional indoor/outdoor living & a huge backyard! Attractive curb appeal welcomes you w/ tropical palms, expansive lawn & attached 2-car garage. Inside, stunning 32x32 polished marble-look porcelain tile flows throughout, complemented by bright neutral finishes, upgraded lighting, recessed leds & contemporary ceiling fans. The open-concept living, dining & kitchen areas are filled w/ natural light, creating an inviting space for everyday living & entertaining. The showstopper kitchen features white shaker cabinetry, calacatta quartz countertops, backsplash, frigidaire stainless steel appliances, pendant lighting & oversized waterfall island w/ abundant prep space, storage & seating. A walk-in pantry added in 2026 provides additional storage! Spacious primary suite offers multiple windows, porcelain flooring, ceiling fan & walk-in closet. Both bathrooms were extensively renovated w/ white shaker vanities, calacatta quartz counters, illuminated mirrors, modern fixtures, large-format marble-look shower tile & glass enclosures. Two additional bedrooms provide versatility, including one w/ sliding-door access to the lanai; a closet was added to the 3rd bedroom in 2026. Major improvements include 2023 new roof, goodman a/c, water heater & hurricane-impact exterior doors + patio sliders! The garage features epoxy flooring & upgraded lighting. A premium jellyfish lighting system was professionally installed along all eaves, permanent outdoor led lighting fully customizable & smartphone-controlled w/ endless color options, elegant accent lighting & built-in programs for holidays & special occasions, no more hanging seasonal lights! Outside to an expansive covered lanai w/ multiple ceiling fans, perfect for outdoor dining, grilling & relaxing. Beyond it is the huge backyard w/ incredible possibilities for a future pool + spa, outdoor kitchen, garden or private swfl oasis! Offered turnkey w/ furnishings, lg washer + dryer, 3 samsung tvs, surround sound & more! Location, location, location! Centrally positioned near santa barbara blvd w/ convenient access to hancock bridge pkwy, pine island rd & veterans pkwy for shopping, dining, entertainment & everyday conveniences. Enjoy nearby sun splash family waterpark, parks & recreation, plus convenient access to boating, kayaking, fishing, golf & everything the cape coral/swfl lifestyle offers. Well-maintained + extensively renovated + no hoa + city utilities w/ paid assessments + no flood insurance required + furnished + huge yard + central location, welcome to your swfl paradise! Live the swfl lifestyle every day, sunshine, outdoor adventures, waterfront fun, dining, entertainment & everything swfl has to offer!

Welcome to your new dr horton waterfront home!! This is our appealing one-story, open concept, 1328 sqft archer floorplan featuring 3 bedrooms, 2 bathrooms, 2-car garage, full 8’ x 10’ lanai under truss, all concrete block construction. This home is on a beautiful waterfront lot located in cape coral. This home boasts designer cabinets and quartz countertops in both the kitchen and baths, and features impact glass. Experience the timeless beauty and durability of revwood laminated wood floors featured throughout the home, modern flat stock trim and baseboards, all stainless kitchen appliances including refrigerator, paver driveways and lanai, irrigation system, and garage door openers. Be wowed by the included “home-is-connected” package, full builder’s warranty along with a vast array of financing options. This is why owning a brand-new home from america’s largest builder is going to be your best option. These waterfront homes move quickly so don’t miss out.

Welcome to your new dr horton home!! This is our appealing one-story, open concept, 1328 sqft archer floorplan featuring 3 bedrooms, 2 bathrooms, 2-car garage, all concrete block construction. This home is on a beautiful corner lot located in cape coral. This home boasts designer cabinets and quartz countertops in both the kitchen and baths. Experience the timeless beauty and durability of revwood laminated wood floors featured throughout the home, modern flat stock trim and baseboards, all stainless kitchen appliances including refrigerator, paver driveways and lanai, and garage door openers. Be wowed by the included “home-is-connected” package as well as a full builder’s warranty along with a vast array of financing options. This is why owning a brand-new home from america’s largest builder is going to be your best option. These corner lot homes move quickly so don’t miss out.

Uncover the allure of "moon" in cape coral, florida. This modern masterpiece features 3beds, 2baths, and 1, 387 sqft of luxury. The spacious master suite includes walk-in closets and a dual-sink master bath. Inside, enjoy elegance with low-maintenance large-format tile floors and high ceilings that amplify space. The open kitchen seamlessly connects to the living and dining areas, perfect for hosting or everyday living. Step into the 227 sq ft lanai, an outdoor oasis for morning coffees or unwinding. The 2-car garage boasts durable epoxy floors. This home embodies florida living at its finest—experience luxury, comfort, and convenience. Inquire about other models and locations available.

No flood zone! No assessments! Remodeled pool home! This beautifully updated 3-bedroom, 2-bath cape coral home offers the combination buyers are looking for—an in-ground pool, remodeled kitchen and baths, major improvements, and complete storm protection. The remodeled kitchen features quartz countertops and stainless steel appliances, while the spacious living area includes a cozy fireplace. The primary suite offers a walk-in closet, and tile and carpet flooring provide comfortable living throughout. Step outside to your private pool and outdoor living area, perfect for enjoying the florida lifestyle year-round. Major improvements include a new water heater, updated plumbing, and a roof, a/c system, and pool heater all approximately six years old. Accordion and bahama storm shutters provide protection for all openings. City water and sewer are already in with no assessments! Conveniently located near veterans memorial parkway with easy access to shopping, dining, schools, and everything cape coral has to offer. Updated, protected, and move-in ready—schedule your showing today!

Beautiful house in an unbeatable location at a great price in sw cape coral with 3 bedrooms and 2 bathrooms, overlooking a golf course, shops, and restaurants. Roof and air conditioning were replaced in 2018. Spacious yard to build your future pool, no hoa. Move-in ready.

Welcome to this beautifully maintained and thoughtfully updated 3-bedroom, 2-bath home with a 2-car garage in desirable southwest cape coral. Offering the perfect blend of comfort, value, and peace of mind, this move-in ready home features major updates already completed, including a 2021 roof, 8 impact-resistant windows, an impact front door, and an impact sliding glass door installed in 2012. Step inside to find a bright, open layout with a combination of tile and wood-look flooring throughout. The kitchen is equipped with stainless steel appliances, including a new dishwasher, while the remodeled primary suite features an updated shower, granite countertops, and stylish tile finishes. One of the home’s standout features is the oversized extended screened lanai. Complete with a coffered ceiling, tile flooring, recessed lighting, and a shingle roof, this expansive outdoor living space is ideal for entertaining, enjoying morning coffee, or simply relaxing year-round. Additional updates include a 2017 a/c system, brand-new water heater (2026), freshly painted exterior, and washer and dryer included with the sale. With no hoa fees and numerous major improvements already completed, this well-cared-for home offers exceptional value in one of southwest cape coral’s most desirable locations. Conveniently located near shopping, dining, schools, parks, and everyday amenities, this is an opportunity you won’t want to miss.

Great buy! 3 bedroom 2 bath pool home with newer roof and pool. Very centrally location. Minutes to downtown fort myers airport, close to resturants , super markets, shopping, gym and schools..Perfect family hone or empty nester!

Welcome to your dream home in cape coral! This stunning single family home boasts 3 bedrooms, 3 bathrooms, and a 2 car garage, perfect to entertain guests. The office space provides a quiet retreat for working from home or studying. The kitchen features quartz counters, stainless steel appliances, and 42" cabinets, making it a chef's paradise. The tile flooring throughout the home adds a touch of elegance.High ceilings and impact windows and doors create a bright and airy atmosphere, while led lights and ceiling fans add a modern touch.The master bathroom is a true oasis with a large shower, and quartz countertops. The walking closets with custom organizers ensures that your wardrobe stays organized and clutter-free.Step outside to the tile lanai and enjoy the florida sunshine in your private backyard with a sprinkler system for easy maintenance. This new construction home has everything you could want and more, making it the perfect place to call home in cape coral. Don't miss out on this opportunity to live in luxury and comfort! *one or more pictures are virtually staged. Seller concessions available!!!

Beautifully renovated 3-bedroom, 2-bathroom home with a den, offering modern upgrades and move-in-ready convenience. Features include fresh sherwin-williams paint, tile flooring throughout, a fully remodeled kitchen with new cabinets and quartz countertops, and beautifully updated bathrooms with new vanities, toilets, tub, walk in shower and fixtures. Enjoy the spacious screened lanai with new screens and a fully fenced backyard offering exceptional privacy. The tropical backyard features mature mango, guava, and avocado trees, along with beautiful palm trees, and plenty of room for a pool and screen enclosure. As is, all appliances, washer and dryer are included. Clean, well-maintained, and ready for its new owners! This property is connected to city water, with assessments paid in full.

Location! Location! Location! All assessments paid! Experience the perfect blend of comfort, style, and convenience in this beautifully renovated 3-bedroom, 2-bath home located in the highly desirable se cape coral area. Designed with an open-concept layout, the home features wood-look tile flooring throughout, a modern neutral color palette, and tasteful upgrades that create a bright, inviting atmosphere. New roof 2023!. The spacious living area flows effortlessly into the stunning kitchen, complete with crisp white cabinetry, stainless steel appliances, ample counter space, and a large breakfast bar—ideal for everyday living and entertaining alike. The adjacent dining area is highlighted by contemporary lighting, creating the perfect setting for family dinners or hosting guests. Sliding glass doors lead to a screened lanai where you can relax and enjoy florida's year-round sunshine. The fully fenced backyard provides privacy with plenty of room for outdoor gatherings, pets, or future enhancements. Ideally situated just minutes from downtown cape coral, waterfront dining, shopping, entertainment, parks, and some of southwest florida's most beautiful beaches, this move-in-ready home offers the florida lifestyle you've been looking for. Don't miss the opportunity to own this exceptional property in one of cape coral's most sought-after locations!

Pool home with no hoa in the heart of cape coral, with a newer roof and repiped water supply lines already in place. This 3 bedroom, 2 bath home lives open and bright, centered around a living area that flows naturally to the kitchen and out to the lanai. The primary suite sits privately on its own side of the home, with two guest bedrooms and a full bath on the other. Step outside to the screened lanai and private in-ground pool, the center of florida living, with plenty of room to lounge, dine, and entertain under cover. A 2 car garage adds everyday storage and convenience. Built with concrete block and stucco, the home carries a 2023 shingle roof, water supply lines repiped with cpvc in 2018, and hurricane shutters for peace of mind through storm season. The property is also situated in flood zone x, one of the lower-risk flood designations in the area. The central cape coral location is another major advantage. Golfers will love that palmetto-pine country club, an 18 hole course open to the public, sits just over a mile away, about a five minute drive. Lake kennedy community park, sun splash family waterpark, and the cape coral sports complex are all nearby, while santa barbara boulevard provides quick access to veterans memorial parkway and the shopping, restaurants, grocery stores, and everyday conveniences along the pine island road corridor. Veterans parkway also provides a straightforward route toward the midpoint bridge and fort myers. Whether you're heading out for dinner, running errands, enjoying one of cape coral's recreational amenities, or spending the afternoon by your own pool, this location keeps everyday life convenient. With no hoa, a private pool, a newer roof, and a central location close to everything cape coral has to offer, this one checks the boxes buyers keep asking for. Some images have been virtually staged.

Priced to sell! No flood insurance needed! Welcome home to this adorable 3-bedroom, 2-bath, 2-car garage home built in 2020! Perfect for first-time homebuyers, growing families, or anyone looking for a move-in-ready home in a great neighborhood. Lowest price pool home in cape coral built within the past 10 years. The open-concept layout offers comfortable living and entertaining space, while the kitchen features a beautiful custom backsplash that adds style and character. Step outside to enjoy the fully fenced backyard, providing plenty of room for kids and pets to play safely. Cool off in the saltwater pool complete with a relaxing sun shelf—perfect for family fun, weekend gatherings, or simply unwinding after a long day. Pool is only a little over 1 year old!! Conveniently located near shopping, dining, schools, and everyday amenities. Don’t miss your opportunity to make this beautiful home your own! Only minutes from the future seven islands project in nw cape coral.

Spacious pool home on an oversized fenced lot welcome to this inviting 3-bedroom, 2-bathroom home featuring a private pool and plenty of room to enjoy the florida lifestyle. Situated on an oversized, fully fenced lot, this property offers both privacy and space for outdoor entertaining, pets, gardening, or simply relaxing in your own backyard oasis. The home's functional layout provides comfortable living spaces, while the pool area creates the perfect setting for enjoying sunny days and warm evenings. With three bedrooms and two full bathrooms, there is plenty of flexibility for families, guests, or a home office. Located near sunsplash water park and the courts, featuring tennis and pickleball courts. Don't miss the opportunity to make this spacious pool home your own!

Come and make this pool home yours! Very well located, close to shopping areas, schools and so much more! Schedule your private showing today!

No flood zone!!! Brand-new construction located in a peaceful and sought-after neighborhood, combining contemporary design with practical living. This residence includes 3 bedrooms, 2 bathrooms, and a separate home office, all arranged within a light-filled, open floor plan that enhances space and flow. The modern european-inspired kitchen features streamlined cabinetry and upscale finishes, well-suited for both everyday use and hosting. Built-in custom closets add convenience and maximize storage throughout the home. A 2-car garage and refined interior details further elevate the property. Owner is ready to sell and will contribute toward closing costs with an acceptable offer, presenting a strong opportunity to secure a newly constructed home.

Waterfront living awaits at 1111 sw 5th terrace, cape coral! Offered at $385, 000, this charming 3-bedroom, plus den, 2-bath home features an open-concept layout designed for comfortable everyday living and effortless entertaining. The spacious kitchen overlooks the main living area and includes a convenient breakfast bar—perfect for morning coffee, casual dining, or gathering with family and friends. Enjoy the beautiful wide canal, with views from the living spaces and step outside to the covered lanai, where you can relax and take in the peaceful waterfront setting. Built in 2021 and exceptionally maintained, this home offers the benefits of modern construction and presents in outstanding condition. The home already has a seawall built in. Whether you're looking for a full-time residence, seasonal retreat, or investment opportunity, this home offers the best of southwest florida living with serene water views and a welcoming atmosphere.

Well maintained move-in-ready pool home located in one of southwest cape coral’s most desirable neighborhoods, surrounded by beautiful upscale million dollar waterfront homes just off surfside boulevard. Offering 1, 631 square feet of living area, this three-bedroom, two-bath home features a spacious split-bedroom floor plan with soaring cathedral ceilings and an open great room design. The inviting raised double-door entry creates a grand first impression, while sliding glass doors lead to the screened pool area, providing the ideal setting to relax or enjoy florida’s year-round sunshine. The roof was replaced just three years ago. The home is connected to city water and sewer, with all assessments paid, and enjoys a prime location with convenient access to veterans parkway, making it easy to reach shopping, restaurants, schools, and fort myers. This is an outstanding opportunity to own a move-in-ready home in one of cape coral’s most sought-after locations.

Exceptional home in a convenient location within a peaceful, private neighborhood. This bright and inviting residence features an open floor plan, split bedrooms, and beautifully updated bathrooms. The dining area opens to a spacious, under-truss screened lanai overlooking the fenced yard, complete with mature fruit trees—perfect for relaxing or entertaining. The updated kitchen includes a modern induction range, and the owner is generously including a cookware set as a gift to the buyer. The porch roof was recently repaired; however, because it is the original roof, the current price includes a $15, 000 roofing allowance. Roofing bids are attached to the listing for review. Additional features include an interior laundry room with washer and dryer, plus an attached two-car garage. This wonderful home offers comfort, privacy, and convenience—schedule your showing today!

Welcome to your new dr horton home!! This is our appealing one-story, open concept, 1328 sqft archer floorplan featuring 3 bedrooms, 2 bathrooms, 2-car garage, concrete block construction. This home is on a beautiful lot located in cape coral. This home boasts designer cabinets and quartz countertops in both the kitchen and baths. Experience the timeless beauty and durability of revwood laminated wood floors featured throughout the home, modern flat stock trim and baseboards, all stainless kitchen appliances including refrigerator and paver driveways, irrigation system, and garage door openers. These homes move quickly so don’t miss out. Finishings may vary - images are representational only of the model home based in that community.

One of the best priced pool homes in cape coral and it's fully remolded! This home offers a 2023 roof, a 2019 ac, a 2024 pool pump, and all city water and sewer assessments are paid. Fully renovated, 3 bedrooms, 2 bath pool home in the heart of cape coral! Every part of the home was touched during this renovation. The kitchen is equipped with new stainless-steel appliances, quartz countertop and wood shaker cabinets. Floors were all updated to a modern ceramic tile and both bathrooms were fully upgraded! Centrally located within a short driving distance to downtown fort myers and just a 5-minute drive to rosen park and boat ramp. Call today for a private tour!

Up to $10, 000 toward buyer’s closing costs with an acceptable offer! Welcome to this stunning brand-new construction home located in a highly desirable area outside of a flood zone. Designed with both style and functionality in mind, this move-in-ready home features an open-concept layout with soaring 9’4” ceilings, 8’ interior doors, impact-resistant windows, and large polished tile flooring throughout. The chef-inspired kitchen showcases beautiful calacatta-style quartz countertops, custom ceiling-height cabinetry, and a sleek modern design perfect for entertaining and everyday living. The spacious master suite offers a modern spa-like feel with a frameless sliding glass shower enclosure and oversized polished wall tile that extends all the way to the ceiling, creating a clean and luxurious finish. Step outside to enjoy the backyard and brick paver lanai, perfectly sized for an outdoor dining table and grill—ideal for relaxing or hosting cookouts. The brick paver driveway adds exceptional curb appeal and durability. Additional features include a fully equipped laundry room with built-in cabinetry and a utility sink for added convenience. Packed with premium upgrades and located in a prime area, this home truly checks all the boxes. Schedule your private showing today!

Welcome to your suburban paradise, a beautifully remodeled 3-bedroom, 2-bath pool home that checks every box. Step through the open-concept living room, bathed in natural light, and you'll feel it right away: this one's different. The kitchen is a chef's dream, with quartz countertops, tile backsplash, soft-close cabinets with a lazy susan organizer, stainless steel appliances (range hood, cooktop, wall oven), and a breakfast bar with a wine cooler for easy entertaining. New floors run throughout, and every bedroom features a walk-in closet with custom shelving. The guest bath has a new vanity, mirror, and lighting with direct pool access, while the spacious master suite offers two walk-in closets and an all-tiled shower. Outside, your private backyard oasis awaits: a fenced lanai and patio surrounding a sparkling pool with a waterfall feature and pool security fence ideal for relaxing, entertaining, or making lasting memories with family. Fresh paint, assessments paid, no flood zone, and city water, this home is truly move-in ready. Nestled in a friendly neighborhood close to shopping, restaurants, top golf courses, veterans parkway, and pine island rd, with easy access to schools and just a short trip to the beach. Schedule your showing now.

This property was leased as a vacation rental with bookings. It is a turnkey property as it is fully furnished with pictures, decorations, full kitchenware / dishes / glasses / cookware. The roof is newer and the air conditioning unit has always been maintained. The entire house has impact resistant windows and door and has cc tv cameras only 2 years old. This is perfect for an investor who would like to start leasing the property out immediately.