Founded in 1970, Cape Coral, FL real estate has become one of the most accelerated growth areas in Florida today. Recently cited as the fifth fastest emerging city, Cape Coral currently has over 160,000 residents and 4,000 businesses among its cities lines with 5,000 new homes planned to be built this year alone. The “water wonderland” is located between Tampa and Miami and is only 15 miles from the southwest Florida International Airport and 10 miles from I-75. Cape Coral is a large peninsula that is bordered by the Caloosahatchee River on the east and the Matlacha Pass on the west. The waterfront property is moderately priced, pleasing to the eye, and Cape Coral, Florida real estate owners have the opportunity to enjoy no personal income tax and no public services taxes while residing in the city. How often do you find that in other areas of the country? Also, with 400 miles of freshwater and saltwater canals as well as gulf access around Cape Coral, FL real estate residents can enjoy boating, fishing, and water sports almost year round along with one of the best recreation departments in the state of Florida!

    Cape Coral is the third largest city in Florida in terms of land mass with 115 square miles of land area and only 35 percent of it urbanized. In this youthful and lively city, 55 percent of the current population is under the age of 44 with the 18-24 year old age group growing the fastest. The developing businesses and industries around the real estate in Cape Coral, Florida include aerospace, marine fabrication, defense contracting, transportation, and the business services sector. With the cities pro-business attitude, it is no wonder why the Cape Coral/Fort Myers area is ranked number 3 on the Milken Institute’s 2003 list of Best Performing Cities Where Jobs are Created. Cape Coral, FL real estate residents can also enjoy being located in the third safest city in Florida for populations over 100,000.