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Cape Coral Real Estate For Sale In FL
Boasting 200K+ residents and nearly 400 miles of salt and freshwater canals, Cape Coral is a "Waterfront Wonderland" dubbed one of Florida's swiftest-growing cities by Forbes. Cape Coral offers relocators affordable waterfront real estate in Florida in many established neighborhoods filled with first-class amenities. Cape Coral real estate may be your market if you want to make southwest Florida your home.
More About Cape Coral, FL Real Estate
Born in 1957 as a meticulously planned community, Cape Coral has since become one of the most popular destinations in Florida for both living and vacationing. At 120 square miles, Cape Coral is the third-largest city in the Sunshine State and the ninth most populated. It is also the largest city in the Cape Coral - Fort Myers Metropolitan Statistical Area.
Cape Coral's flourishing economy, enviable warm weather, and diverse housing stock continue to make for a solid market for real estate in Cape Coral. The city also provides robust recreational programming, including baseball, bocce, sailing, and kayaking. Fishing and boating are also great ways to get fresh air and connect with nature in Cape Coral.
From winding canals to waterfront parks and natural preserves, Cape Coral real estate offers plenty of variety and opportunity. Whether you're looking for a beachfront condo with easy access to the Gulf of Mexico or a quiet single-family home nestled in the Cape's interior bays, Cape Coral has something for every budget and lifestyle. Plus, convenient access to nearby attractions in Sanibel Island and Fort Myers makes it easy to get out and explore beautiful Southwest Florida.
Cape Coral, Florida Nearby Cities
- 9 miles to Fort Myers, FL
- 11 miles to Fort Myers Beach, FL
- 12 miles to North Fort Myers, FL
- 21 miles to Bonita Springs, FL
- 14 miles to Estero, FL
- 24 miles to Lehigh Acres, FL
Cape Coral, FL Real Estate Market
The tri-city area of Fort Myers, Cape Coral, and Lehigh Acres in Lee County, Florida, is thriving as the real estate market continues to boom. According to reports, the sales volume for single-family homes in these areas of Southwest Florida has skyrocketed by an impressive 16.9%, with median prices following suit and spiking 24.6%.
Cape Coral real estate in particular is experiencing an upswing in its market with more sales, an influx of new buyers and investors, and a higher median listing price of $449K, over Florida's average of $407K. The city offers diverse options in housing, 79.6% of which are single-family homes for sale in Cape Coral. Those options range from luxury waterfront estates to cozy and affordable starter homes.
Townhouses and Condos for sale in Cape Coral are also highly competitive markets. Buyers of Cape Coral condos for sale can find units in the city at a median price of $272K with an appreciation rate of 27.3% annually.
Whether you're relocating to Cape Coral, Florida, considering a rental investment, or simply seeking a fun-filled vacation spot to skip winter, living options here abound. Offerings range from luxurious high-rise havens with resort-style amenities priced at over $1M to more relaxed low-rise waterfront dwellings with budget-friendly costs.
Southwest Florida is experiencing a surge in housing development as developers strive to satisfy the soaring real estate demand. In consequence, Cape Coral and neighboring Fort Myers have the second-highest rise of new construction single-family homes in the state.
The booming Cape Coral real estate industry in the region significantly stimulates the need for rental properties. Dwellings in the city previously leased are now being snapped up, leading to massive rental rate hikes of hundreds of dollars in some cases. In short, the city is a highly profitable market for investors.
Cape Coral, FL Neighborhoods & Suburbs
Cape Royal
For golf fanatics, Cape Royal in western Cape Coral is the perfect place to call home. The community’s gem is the Cape Royal Golf Club, with its 27 holes of championship golf and stunning Florida scenery. Cape Royal real estate offers home buyers single-family detached homes that are nestled on generously sized lots, much larger than what you'd find in other parts of Cape Coral. Amenities include tennis courts, golf opportunities, a clubhouse, security, and much more. The median listing price of Cape Royal real estate is $737K.
Bella Vida
Immersed in the tranquil beauty of Cape Coral, Bella Vida is an oasis-like neighborhood surrounded by lush water features and landscaping. Although it feels tucked away from the hustle and bustle of everyday life, its close proximity to US Highway 41 allows convenient access to nearby cities such as Punta Gorda, Fort Myers, and other seaside towns along the spellbinding Gulf coast. Would-be Bella Vida residents can select from a large supply of Cape Coral real estate including luxurious townhomes and single-family detached houses with prices ranging from $399K to $500K. Townhouses boast approximately 1,700 square feet, with three bedrooms and two to three baths.
Sandoval
Sandoval is the ideal choice for those seeking to experience beautiful Florida scenery and luxurious amenities close to Cape Coral's bustling atmosphere. With its abundance of picturesque lakes and lush landscaping, this community provides a remarkable living environment that cannot be matched. Amenities in Sandoval include security, a swimming pool, a clubhouse, and tennis courts. Cape Coral real estate in Sandoval offers a variety of home options, ranging from single-family dwellings on ordinary or extra-large lots to condominiums and townhomes in the neighborhood near Veterans Parkway. Prices here range from approximately $363K to $879K.
Emerald Cove
With more than a third of the properties directly accessing Lake Weatherly and Cape Coral's canal network, Emerald Cove is an amenity-filled community offering something for everyone. Emerald Cove real estate comprises roughly 100 single-family detached homes built in the 1990s, most featuring direct canal or lake access. Some even boast private pools. Houses have two to three bedrooms and two bathrooms and have 1,500-1,800 square feet of living space. Amenities include a playground, fishing pier, community beach, security, and more. Emerald Cove real estate has a median listing price of $449K.
Cape Harbour
Nestled along the waterfront, Cape Harbour is a premier yachting and boating community with four distinctive subdivisions. From Marina South's high-rise condos to Harbour Pointe's single-family homes, plus the exquisite luxury homes of Harbour Preserve and cheerful Funky Fish Houses; this neighborhood has something for everyone looking to settle in Cape Coral real estate. Outstanding single-family residences in Cape Harbour usually begin at $600K and go up to around $2-3M for the more luxurious properties featuring exclusive amenities such as private docks.
Cape Coral, FL Schools
Cape Coral has over a dozen elementary, middle, and high schools serving the local youth, all under the supervision of the Lee County School District. Thanks to Florida's school choice program, the school system allows parents to decide which school their child will attend.
Lee County Schools manage over 95K students in grades K-12, and it's the 9th largest district in Florida and the 32nd-largest school district in the nation. It boasts over 13K employees and around 120 schools with an 88.5% graduation rate. Keep reading for a list of top schools near Cape Coral real estate:
Public Schools In Cape Coral, Florida
Elementary Schools In Cape Coral, FL
- Cape Elementary School
- Diplomat Elementary School
- Gulf Elementary School
- Hector A. Cafferata, Jr. Elementary School
- Patriot Elementary School
- Pelican Elementary School
- Skyline Elementary School
Middle Schools In Cape Coral, FL
- Caloosa Middle School
- Challenger Middle School
- Diplomat Middle School
- Gulf Middle School
- Mariner Middle School
- Trafalgar Middle School
High Schools In Cape Coral, FL
- Cape Coral High School
- Ida S. Baker High School
- Mariner High School
Private Schools In Cape Coral, Florida
- St. Andrew Catholic School
- The Cape Academy
- Christian Life Academy
Colleges & Universities Near Cape Coral, Florida
- Florida SouthWestern State College
- Cape Coral Technical College
- Hodges University
- Southwest Florida College
- Rasmussen College
Frequently Asked Questions About Cape Coral, FL Real Estate
What Is The Zip Code For Cape Coral, Florida?
Residents of Cape Coral, FL have the opportunity to choose from property across eight unique zip codes. To find the most ideal places to invest in real estate in Cape Coral, keep reading for some of the hottest zip codes:
Where Is The Nearest Commercial Airport For Cape Coral, Florida?
The nearest commercial airport for Cape Coral, FL is Southwest Florida International Airport (RSW) located just 15 miles away in Fort Myers. RSW serves all major airlines and offers domestic and international flights, making it convenient for residents in Cape Coral real estate to conduct business or take vacations.
What County Is Cape Coral In?
Cape Coral is located in Lee County, Florida - one of the state's most geographically varied counties. Cape Coral real estate is some of the most sought-after in the county thanks to its stunning scenery and miles canals that give residents ample waterfront living space and create exceptional coastal properties.
What Is Cape Coral Known For?
Cape Coral is renowned for its 400 miles of canals, giving it the nickname "Waterfront Wonderland." A paradise for avid boaters and fishermen, Cape Coral is also one of the fastest-growing cities in the state with Cape Coral real estate that is highly sought-after for its incredible value that comes at reasonable prices.
Are House Prices Dropping In Cape Coral, Florida?
The Cape Coral housing market remains one of the most competitive in Southwest Florida with steady sales and a dwindling inventory of available single-family homes that has decreased around 13% in the last few years.
These market conditions have maintained prices of Cape Coral real estate on the rise. However, residential development continues to thrive in Cape Coral, keeping prices somewhat at bay and ensuring that the city would be able to meet the housing needs of its growing population. Around 20K to 25K people are projected to move to Lee County every year.
Is Cape Coral Hurricane Prone?
If you reside in the Greater Cape Coral area or anywhere else in the Southwest Florida coastline, it's highly probable that hurricanes and tropical storms will impact your life at some point. The hurricane season goes from June 1 to November 30 every year.
The city of Cape Coral has implemented several steps over the years to help protect residents from the force of these storms. If you’re considering Cape Coral real estate is worth doing your research and make any necessary precautions to protect your property and loved ones.
Is Fort Myers cheaper than Cape Coral, Florida?
Despite Florida's reputation of being relatively inexpensive, compared to other states in the US, Cape Coral offers a greater cost of living than many parts of the Sunshine State. In comparison to Fort Myers real estate, housing prices in the area are 11% higher.
What Is The Nicest Area In Cape Coral, Florida?
Cape Coral is an ever-growing city with a wide variety of real estate options. It can be tricky to decide on just one area that is the nicest place to live in Cape Coral, but overall the south Cape area tends to hold the most appeal, particularly for young, active families and professionals.
The south Cape features everything from quaint waterfront condominiums and cozy townhouses, to large luxury estates and sprawling golf communities. Some areas you may want to explore are Caloosahatchee and Pelican. South Cape Coral also offers plenty of outdoor activities and some of Cape Coral's best restaurants and shopping opportunities.
Things To Do In Cape Coral, FL
Museums In Cape Coral, Florida
- Cape Coral Museum of History: Locals are invited to explore the past at this cozy museum that showcases Cape Coral’s history and local culture. The museum has documents, photographs, and artifacts displayed and it’s operated by the Cape Coral Historical Society.
Golf In Cape Coral, Florida
- Cape Royal Golf Club: When seeking an ideal spot for golfing with friends in Cape Coral, Cape Royal Golf Club should be top of mind. This public golf course offers 27 holes of golf and opportunities to socialize, share a cocktail and grab something to eat at The Caloosa Club.
- Coral Oaks Golf Course: Coral Oaks is an 18-hole championship golf course designed to amuse and challenge golfers of all skill levels. They have membership and season passes at affordable prices for individuals, couples and families.
Parks & Preserves In Cape Coral, FL
- Four Mile Cove Ecological Preserve: Immerse yourself in the beauty of nature at this wetland preserve. Enjoy a leisurely stroll along the scenic walking trails, including a two-mile boardwalk, or take to the waters with kayak rentals available seasonally.
- Rotary Park Environmental Center: Covering over 97 acres, this Cape Coral park features scenic nature trails, a butterfly house, a playground, a dog park, kayaking opportunities, and more. The environmental center has 4,300 square feet and provides a plethora of activities, classes, and programs for all ages.
- Yacht Club Community Park: This stunning waterfront park has a public beach and boat launch. The park provides visitors with BBQ and picnic areas, and outdoor courts for tennis and racquetball. Events and activities are common here so you’ll frequently encounter vendors, entertainment, and food.
Living In Cape Coral, FL Real Estate
Cape Coral Cost Of Living
Are you moving to Cape Coral real estate? The cost of living index of this Southwest Florida city is 104.2, around 4% over the U.S. average (100) and somewhat higher than other Florida cities. While the Cape Coral real estate and utilities remain below state averages, residents should prepare to pay more for almost everything else, from healthcare and groceries to transportation and miscellaneous expenses like repairs, entertainment, and clothing.
What is the average household income in Cape Coral Florida?
According to U.S. Census data, the average household income in Cape Coral, Florida, is around $65,282. This is slightly higher than the state average of $61,777.
Cape Coral Weather
Cape Coral is great for those looking to buy real estate in a place where the weather is idyllic year-round. Home to spectacular sunsets, Cape Coral has an average temperature of around 80°F thanks to the mild coastal breezes from the Gulf of Mexico. The city averages 355 days of sunshine every year.
Winters in Cape Coral are incredibly mild with temperatures often in the mid-70s and lows rarely dropping below 60°F. The city's annual precipitation stands at a staggering 56 inches, with the majority occurring from June to September.
Cape Coral Healthcare Services
Individuals, families, and retirees looking to settle in Cape Coral real estate can choose from a number of hospitals and other healthcare facilities, including:
- Cape Coral Hospital: Part of Lee Memorial Health, this is the main hospital in the city; this healthcare provider offers residents 291 beds, all in private rooms, as well as 600 physicians and 1,000 employees. Services in this medical institution include an emergency room, surgery, diabetes programs, stroke management, Ob-gyn services, pediatrics, and more.
- Lee Convenient Care: Serving urgent care to locals, this walk-in center delivers primary care, such as family medicine and internal medicine. It is part of Lee Memorial Health.
For additional healthcare services, residents in Cape Coral real estate refer to: Cape Coral Surgery Center, The Outpatient Center at Surfside, and Hope Hospice House.
Cape Coral, FL Job Market
Cape Coral's exponential growth has created an increasing demand for commercial services, which has resulted in rapid economic growth. Hot sectors in Cape Coral right now are medical, biotech research, light manufacturing, retail, and services (mostly hospitality and education). Due to its 400 navigable waterways, the city also provides a huge catalog of marine-based services and products.
U.S. News & World Report has also recognized the city's business opportunities thanks to Cape Coral's quality of life, favorable commercial environment, and tax-friendliness. While many high-income jobs and career opportunities exist in Cape Coral, residents have the perk of working in Fort Myers, Naples, Bonita Springs, or Estero.
Cape Coral, FL Transportation
Cape Coral is mostly a car-dependent city where only a few neighborhoods (most in the southern portion) are considered highly walkable. The rest of Cape Coral is easily navigated by car thanks to a network of roadways and bridges, including Interstate 75, Highway 41, the Cape Coral Bridge, and the Midpoint Memorial Bridge.
Residents in Cape Coral real estate also have access to public transportation. Services are provided by LeeTran, an entity that operates 18 bus services in the county, six of them within Cape Coral. Air commuters can trust neighboring Southwest Florida International Airport (RSW) for their travel needs.