What you need to know about Cape Coral: Cape Coral is the second largest incorporated landmass in the state of Florida, with over 114 square miles. Only about one third of Cape Coral is developed - meaning lots more room for growth.

This is what makes Cape Coral a unique community:

  • 400 miles of fresh and salt water canals
  • Affordable quality housing
  • Ranked "safest community in Florida" by the FBI
  • Tremendous economic and job growth
  • Year-around outdoor sports and recreation
  • Lots of Sunshine
  • More than 250 Clubs and Organizations
  • Convenient Location, 2.5h to Miami, 3.5h to Orlando, 2.5h to Tampa
  • 30 mins to Florida Southwest International Airport
  • Quality medical and educational facilities

What you need to know about Cape Coral Real Estate:
Location, Location, Location!

Cape Coral offers 400 miles of canals from 80ft in width to several hundred feet in width.

There are:
  • Freshwater canal front and lake front properties: there is no access to the "open water" (Caloosahatchee River of Gulf of Mexico).
  • Gulf Access properties: located on a canal or lake with access to the "open water". There may be bridges to undergo and a boat lock or lift may have to be passed in order to get to the River or Gulf of Mexico.
  • Directed Access properties: located on a canal or lake with access to the "open water". There may be one or several bridges to undergo in order to get to the River or Gulf of Mexico. Bridge clearances vary.
  • Sailboat access properties: located on a canal or river front, unrestricted, deepwater access to the "open water". In a few areas of Cape Coral however, a boat lock may have to be passed to get to the river or Gulf of Mexico.

Seawalls: Some vacant lots don't have seawalls. Prior to building a home there must be a seawall in place unless the property is located on a freshwater canal. The cost for a regular size seawall (80ft wide) is approximately $10,000-$15,000. On a freshwater canal, the bank may be graded and soded or rip rap maybe installed to avoid erosion. The cost thereof is usually lower than the cost of a seawall.

Utilities: The City of Cape Coral is undertaking a program of water and sewer improvements. Some properties may be in an area planned for utilities. As water, sewer and/or dual irrigation water becomes available, property owners will be assessed. Many properties have already been assessed and balances may remain to be paid. The matter of who is to pay-off or assume an existing assessment is negotiable between buyer and seller.

 

 
Sellstate Priority Realty, Inc.
3321 Del Prado Blvd., Cape Coral, FL 33904
Phone: (239) 565-8794 • Fax (239) 574-8810
email: [email protected]
 

PRIORITY REALTY NETWORK, INC.