Cape Coral Real Estate
Update: 2/15/13: As of this writing on 2/5/13, the city of Cape Coral has now regained control of the Downtown Redevelopment and the CRA has been disbanded.
With a median resident age of 41, Cape Coral is a young city for families and a retirement haven for baby boomers. Founded by the Rosen brothers in the 1950s, the city encompasses 115 square miles of Southwest Florida real estate — it’s the third largest city by land mass in the state of Florida and the fifth fastest-growing city in the nation.
Cape Coral is divided into four quadrants, each with its own unique character, terrain, style of homes and amenities. For more information about the different city quadrants, visit these pages:
Cape Coral real estate allows greater access to the quality of homes you’d expect in Southwest Florida — this is by far the most affordable waterfront community in the area. Enjoy all the luxurious amenities associated with boating and waterfront living, without the inflated price tag of Sarasota, Naples, or Miami. You can’t beat Cape Coral’s 335-day average of bright sunshine, 74 degree average temperature, no personal income taxes, 6% sales tax, no public service tax, and the low crime rates that make Cape Coral the third safest city in Florida for populations over 100,000 (FL Dept. of Law enforcement).
Cape Coral Downtown CRA
To further the uniqueness of Cape Coral’s canal system, the city has adopted a major Downtown Community Redevelopment Agency (CRA), which implements the 10-year plan to enhance downtown with a “Venice of America” ambience. Pedestrian walkways will line the canals, and a continuous Mediterranean façade will embellish the waterfront retail shops, new affordable condos, and luxury condo developments.