Cape Coral FL Homes & Real Estate
Welcome to beautiful Cape Coral Florida. Located in Lee County, Cape Coral was founded and developed in 1957 as a planned community. The city has grown to over 200,000 residents making it the 117th most populated city in the United States with an area of 120 mi.². It’s the largest city between Tampa and Miami in both population and area size. Cape Coral has over 400 miles of navigable waterways more than any other city on earth. Read on below the listings to learn more about Cape Coral and relocating to this beautiful part of the country.
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Relocating to Cape Coral Florida
Cape Coral started back in 1957 when two brothers from Baltimore Maryland flew over the peninsula known as Redfish Point across the river near Fort Myers. It was originally called Redfish Point but these two real estate developers and a small group of partners purchased a 103 mi.² tract of land and in 1958, began the development of the master-planned community of Cape Coral. Development continued through the 1960s and by 1963, the population was 2800 residents with 1300 buildings completely developed or under construction. The city was incorporated in 1970 and is population grew rapidly to its over 200,000 residents today.
One of the most unique features of Cape Coral is its 400 miles of canals. Most of these canals are navigable by boat and many have access to the Gulf of Mexico. The canal system is so extensive the local ecology and tides have actually been affected by it. So of course, if you’re looking for a waterfront home, you’re likely to find it in Cape Coral.
The city is bordered by Fort Myers and the Caloosahatchee River on the east, the Matlacha Pass Aquatic Preserve in the Gulf of Mexico as well as Pine Island to the west, the Yuka Pins Unit State Wildlife preserve and management to the north, and Punta Rassa to the south. There are two major bridges across the river from Fort Myers, the Midpoint Bridge, and the Cape Coral bridge. Pine Island Road is also another causeway to Matlacha and the Pine Island on the west.
Reasons to move to Cape Coral
Live on the water
With over 400 miles of canals and is surrounded by the river and Matlacha Pass, many homes have water rights in their backyard. It’s often referred to as a “Waterfront Wonderland”.
The job market is growing in Cape Coral and every year we see lots of growth. The net employment is approximately 30% according to Forbes magazine and the unemployment rate continues to drop each year.
Cape Coral is home to The Four Mile Cove Ecological Preserve, a 365-acre preserve with walking trails and natural habitats. It’s a beautiful place to spend a weekend.
Cape Coral parks and golf courses
The water isn’t the only amazing thing to love about Cape Coral. There are seven golf courses, 30 parks, and great beaches. Check out the Four Freedoms Park and Yacht Club Community Park.
Moving to Cape Coral is actually a great financial move. A lot of places around Florida are extremely expensive but Cape Coral is surprisingly affordable. The cost of living is much lower than the national average. Florida does not collect state income tax, estate tax, inheritance tax, or intangible property tax and the sales tax is also relatively low. This is a great place for retirees on a fixed income and there’s plenty of job opportunities for those in the professional realm of their life.
Cape Coral is in an ideal location conveniently close to Walt Disney World, the Everglades, the Florida Keys, and of course, Fort Myers and all of the fantastic beaches in Lee County and surrounding counties are no more than 15 to 60 minutes away. There’s plenty of recreational fun, community theaters, parks, and preserves.
Boating is a way of life.
If you love boating, you’ll love the canals. They say boating life is a good life and all of those waterways mean it’s easy to score waterfront living. Hop in a boat, cruise the canals, or head straight out to the Gulf of Mexico for fantastic fishing, skiing, or just boating. You can also kayak through the gorgeous mangrove forests at the 4 Mile Cove Ecological Preserve. Hike scenic trails, rent a kayak, and watch for eagles, herons, and other wildlife.
Cape Coral Schools
Cape Coral has continuously expanded their public and private school systems over the years and offer high-performance standards. It’s part of the Lee County School District and there are eight elementary schools, six middle schools, and five high schools. There are four public high schools in Cape Coral and a charter school system consisting of two elementary schools, one middle school, and one high school.
Cape Coral is home to the Cape Coral Technical College, a post-secondary educational Institute operated by the Lee County public school system providing training in medical, computer, and food science fields.
Things to Do in Cape Coral
There are a plethora of things to do in Cape Coral such as the parks and golf courses, the city’s only beach featuring a sandy beach and fishing pier on the river, the Sun Splash Water Park featuring multiple water slides and tubing, and fantastic senior activities such as the late Kennedy Senior Center, the Tony Rotino Senior Center and Friendship Centers of Cape Coral.
Residents can experience fantastic museums, theater, and the famous Gator Mike's, an amusement park and fun park that opened in 1992. It offers mini-golf, go-carts, zip-lining, bungee jumping, and much more.
Check out the invasive flora and fauna. Cape Coral is actually home to three invasive species, the green iguana, the spiny-tailed iguana, and the Nile Monitor. They're found throughout Southwest Florida and usually don’t pose a threat. However, the Nile Monitor can get up to 7 feet and is fast swimming and traveling and because it loves to travel, the city’s many waterways and canals make it hard to capture or confine.
Cape Coral Real Estate
Known as one of the best cities to retire in America, Cape Coral has an extremely affordable median home value of just $230,000. This is probably why 75% of Cape Coral residents own their own homes. You’ll find homes throughout Cape Coral including condominiums, townhouses, gated communities, boating communities, and those within homeowner associations. You’ll find homes starting less than $100,000 up to about $500,000 with more luxury homes topping out at about $1.4 million.
For more information on homes for sale in Cape Coral Florida, browse active listings above or contact me below to be notified when new listings that meet your search criteria and price become available. Have more questions about Cape Coral? Feel free to let me know below or click on any of the listings for details about the community and the neighborhood.