cape coral fl real estate information for buyers

CAPE CORAL

CAPE CORAL 

Cape Coral Real Estate is a diverse market that has many attractions for today’s buyers.The city is a very popular destination for serious boating and fishing enthusiasts. This is largely due to the fact that the city contains hundreds of miles of Gulf access (ocean access) canals. With so much open water crisscrossing the city, many Cape Coral homes are directly sited on water with a beautiful picturesque canal running past their back yard. This means the home owner has the luxury of parking a boat on their own private dock in their garden; a huge benefit to home owners and not available in many cities in Florida or most of the US.

In terms of geography, Cape Coral occupies a large peninsula of land bordered by the wide Caloosahatchee River on the east and Matlacha Pass on the west. The city is located about 75 miles south of Sarasota and 159 miles from Miami. The next neighboring major city is Fort Myers which is located across from Cape Coral on the eastern bank of the Caloosahatchee River. Cape Coral continues to be among the fastest growing cities in the United States. Currently the population is expanding at about 5% a year. As of the year 2012, the City of Cape Coral is approximately 43% developed. Cape Coral Fl real estate offers some of the lowest home prices in the state plus one of the lowest crime rates in the US. This makes the city a perfect destination for families and retirees on a budget.

The city of Cape Coral is divided into 4 main quadrants – the northeast, the northwest, the southeast and the southwest. Consequently, the street addresses contained in these districts are coded by which quadrant they are in followed by a street number and a road designation such as Street, Terrace, etc.

In terms of the actual types of property available to buy in Cape Coral, it is pretty much the same as what you would find in any typical Florida city. You will not find period properties as the city is fairly new. The oldest homes originate from the 1970’s, with the vast majority of homes built in the mid 90’s onwards. The home styles range from Mediterranean style mini mansions to modest single family pool homes. You will also find some Gulf access condos with boat slips available to their residents for private use.

As you can see, Cape Coral FL real estate is a varied and complex one. Any buyer considering a purchase in Cape Coral should first contact an agent with extensive knowledge of the city. The agent can then advise and guide the buyer through the assortment of properties available and neighborhoods to ensure any subsequent purchase made is the right one.

Cape Coral Quick Facts:

Population: 164,673
Median Household Income: $53,639
Per Capita Income: $25,970
Median Age: 39.9 Years
Population Density: 1,371.00

Cape Coral Fun Fact: Cape Coral has more canals than Venice, Italy and is the second largest city in Florida in terms of land mass.  

 

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