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A little background on Cape Coral
Cape Coral is located in Lee County, Florida on the Gulf of Mexico. The city was founded back in 1957 and became incorporated in 1970. The population has grown significantly in recent years. Back in 2010 the estimated population in Cape Coral was around 154,000 people. The most recent survey taken in 2017 shows that Cape Coral’s population has grown to nearly 184,000 people. Cape Coral is a total of 120 square miles making it the largest city between Miami and Tampa. One of the most interesting things about Cape Coral is that is has more canals than any other city in the entire world. Cape Coral is known as a “Waterfront Wonderland” due to the excessive amounts of waterways here. There are over 400 miles of canals here to navigate through. This city also has a few accolades to its name. Back in 2016 Forbes Magazine named Cape Coral as one of the 25 best places to retire to in the United States. Cape Coral ranked ninth on that list. Then in 2017 Cape Coral made Forbes list again but this time they were ranked as the number one fastest growing city in the United States.
Climate here in Cape Coral
Cape Coral has a subtropical climate. This city also sees more than 355 days of sunshine throughout the year. But there is some precipitation as well, it rains here on average 145 days per year here. In Florida it is completely normal for it to be perfectly sunny and then all of a sudden a storm will come through. Most storms only last around twenty minutes and can pop up at any time. The city will experience around 56 inches of rain per year. The city will experience the most rainfall during June through September. The summers here in Cape Coral are very warm, humid and rainy whereas the winters are dryer and very mild. This place is a great option when thinking of retiring!
Roads, Bridges and Public Transportation
There are two bridges that connect Cape Coral to Fort Myers. Cape Coral Bridge connects Cape Coral Parkway to College Parkway in Fort Myers. This bridge is approximately 3,400 feet long. The second bridge is The Midpoint Memorial Bridge. This bridge connects Veterans Parkway to Colonial Boulevard. There are several other bridges here in Cape Coral that can connect you to various points of interest. When it comes to public transit there is the LeeTran which is a bus service that has six stops within Cape Coral. There are many roads here in Cape Coral as well. Interstate 75 is one of the main roads within the Cape. This interstate connects Cape Coral to Tampa in the Northward direction as well as Miami – Fort Lauderdale in the Southeastward direction. There is more than 1,100 miles of roadways here and most roads have four lanes or more. Cape Coral has quick access to Southwest Florida International Airport. This airport is only 14 miles away from Cape Coral.
Economy and Education
The economy here in Cape Coral revolves around three major industries; retail, real estate/construction as well as health care services. There are a few major employers here in Cape Coral as well. Publix Supermarkets, Walmart and the Lee Memorial Hospital are just a few of the major employers here. There are also tons of smaller businesses and mom and pop shops that really help boost the local economy here in Cape Coral. When it comes to education, the Lee County School District oversees all the schools in this area. There are eight elementary schools, six middle schools and five high schools here. The city is constantly expanding and recently built a municipal charter school which is made up of two elementary schools, one middle and one high school. This charter school is a public school which means it is tuition free but is only accessible to children who live in Cape Coral.
Real Estate here in Cape Coral
Most homes here in Cape Coral feature enclosed swimming pools as well as beautiful landscapes for you to enjoy year round. There is a mixture of newer builds as well as older homes here. Since this is a great place to retire a lot of the homes found here are Ranch style making it easier for people who are older to get around.
Cape Coral is an absolutely beautiful place to live in Florida. One of the biggest perks to moving here is the 355 days of sunshine per year and easy access to public beaches. Cape Coral is a must see if you are thinking of moving to Florida!
ByOwner.com offers For Sale By Owner listing services throughout the country. By posting home with ByOwner your property will get the same exposure you’d receive from a traditional real estate company. Our Cape Coral, Florida Flat Fee MLS listing Service saves you from paying the traditional 6% commission charged by most real estate offices, but gives you the same worldwide exposure.
Your home will be found on the local MLS, plus all the major search engines and popular real estate portal sites, including: Trulia, Zillow, Realtor.com, MSN, AOL, Bing, Yahoo, and of course Google. Additionally when your home gets added to the MLS, your FSBO listing will listed alongside of the homes listed by ReMax, C-21, Coldwell Banker, ERA, Redfin, Movoto, Keller Williams and all the other nationwide brokerage sites. These sites often display “all” of the MLS postings, not just their own, which means your home will be on these sites also.
The average seller who uses our Flat Rate MLS Listing, will save over $15,000. We give you the tools and exposure you need as a ForSaleByOwner to compete with every other listing in the MLS. But you are in control of the savings and the fees you pay.
Currently Cape Coral has 584 properties on the market for sale. The inventory was last updated 04/14/2021. Of these properties, 73 single family homes are for sale by their owners in Cape Coral, and 18 condos are for sale by their owners in Cape Coral. The average price of the single family homes for sale in Cape Coral, is $471,202, the average condo price in Cape Coral, is $361,524. The average price per square foot of the active inventory is $157. This is based the living area square footage.
Over the last year, there have been 7,194 of properties sold in Cape Coral. Of these properties, 3,103 single family homes have sold by their owners in Cape Coral, and 115 condos have sold by their owners in Cape Coral. The average sales price of the single family homes sold in Cape Coral, is $275,003. Single family homes have been selling for 174 per square foot of living area. The average sales price of the condos for sale in Cape Coral, is $240,221. Condos have been selling for 150 per square foot of living area.
The most active subdivisions with listings for sale in Cape Coral, are: Cape Coral (114 For Sale), Casa Di Fiori (16 For Sale), Cape Coral Unit 87 (4 For Sale), Cape Coral Unit 24 (3 For Sale), Cape Harbour (2 For Sale), Cape Coral Unit 39 (2 For Sale), Cape Coral Unit 53 (2 For Sale), 1818 Parkway Condominiums (2 For Sale), Meta (2 For Sale), Bella Vida (2 For Sale)
If you are thinking of selling your Cape Coral home, try our flat fee listing service, Our list fees start at $449, and may save you $15,000 in real estate commissions. Click here to start saving.
Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 04/14/2021