Cape Coral Waterfront Properties
Cape Coral and surrounding waterfront communities have the following types of waterfront - Beachfront, River, Gulf Access, Freshwater, Lakes and Basins. A real estate agent requires highly specialized waterfront knowledge and experience in order to find you the right home, location and value. To ensure you don't overpay for a property and know all you should about waterfront properties, call Tom @ (239) 357-6118 or Sue Demogenes @ (239) 357-3312 or email us.
Money Magazine acknowledged Cape Coral real estate and the surrounding metropolitan area as the 6th Best Place to Live out of 300 metro areas in the United States. Cape Coral real estate is not just a retirement community (median age of only 41.6 years old). Cape Coral is also the second largest city by area in Florida.
The most desirable waterfront property is beachfront, and of course the most expensive. Options are abundant, from very small condos starting around $175,000, to cottages and small single family homes, up to luxury beachfront mansions in the multi-million dollar range.
The communities in Lee County best known for beachfront real estate are Fort Myers Beach, Sanibel/Captiva and Bonita Beach. We also service waterfront clients in Naples and Marco Island, the most exclusive beachfront communities.
Cape Coral has only 375 riverfront properties on the mile wide Caloosahatchee River. Approximately 10% are vacant lots. There are also numerous beautiful riverfront homes in Fort Myers. If you live on the river in Fort Myers you'll experience spectacular sunsets, while in Cape Coral you'll be dazzled by the glorious sunrises.
In both Cape Coral and Fort Myers, prices range from $600,000 to several million, based on age & square footage of the home, amenities, lot size, and proximity to the Gulf of Mexico. Prices will be slightly higher if the home is located in one of the upscale gated communities. Fort Myers riverfront properties generally run about 20 - 25% higher than Cape Coral, and Fort Myers has a greater selection of luxury riverfront estates.
There are approximately 250 miles of gulf access canals, lined with existing homes and vacant lots. The Southeast and Southwest sections of the Cape are more developed than the northern half of the city.
Southeast Cape was the first area developed in the city, and thus has many older and smaller homes mixed in with luxury waterfront homes. Due to the desirable Gulf proximity, many of these homes are being torn down and replaced with large luxury homes. SE Cape is about 90% developed.
Southwest Cape - Our favorite quadrant, has newer higher-end homes, wide canals, and public utilities in most neighborhoods. This section is about 75% developed, and the most sought after gulf-access area in the Cape.
Northwest Cape appeals to folks who like less built up areas, and is more affordable than the southern half of the Cape. There are no public utilities in place yet, but this is offset by the lower home prices. NW Cape is approximately 33% developed, depending on how far north of Pine Island Road a home is situated. Our vision is that this quadrant will be the next upcoming desirable gulf-access area, especially when Burnt Store Rd and Pine Island Rd are widened and public utilities are in place. All these improvments are coming soon!
Northeast Cape: There are no Gulf access canals in the NE section of the Cape, but the most reasonably priced freshwater canal homes are in this quadrant.
Gulf access home prices start around $300,000 to over $1 Million. Prices are based on age & square footage of the home, amenities, lot size AND:
There are approximately 150 miles of freshwater canals in Cape Coral. Freshwater homes and lots are located in all four quadrants of the city. Freshwater is considerably less expensive than Gulf access, and thus provides an affordable option to live on water. You can still dock your boat in your backyard, fish, boat/kayak/canoe through canals and lakes, but you cannot access the Caloosahatchee River or the Gulf of Mexico via a freshwater canal. Still a very nice backyard water view, and great alternative if Gulf access is not in your price range.
Freshwater homes are priced from $200,000 to $400,000. Just as with Gulf access homes, prices are based on age and square footage of the home, amenities, lot size AND:
There are numerous factors to be carefully considered when buying waterfront property. This is the reason waterfront specialization is crucial when selecting your real estate agent.
Get a free Waterfront Map of Cape Coral: This map depicts the four quadrants (SE, SW, NE, NW), 98 C.C. units within the city, city parks, schools, as well as all Gulf access and freshwater canals labeled in different shades of blue - making it easy to differentiate between the two types of waterfront. This map is crucial to properly search in a city this size. If you need a map we will gladly send one. Just provide us your address. Contact us.
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