Cape Coral

Cape Coral is a municipality located in Lee County, Florida on the Gulf of Mexico. Cape Coral is the largest city between Tampa and Miami with an estimated population of 165,000. Known as a "Waterfront Wonderland", Cape Coral boasts over 400 miles of navigable waterways, crowning it the city with the most canals in the world!


	

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Cape Coral

Cape Coral is a master-planned, pre-platted community, occupying a good part of Redfish Point overlooking the Gulf of Mexico. It went through a period of rapid development following up on growing interest on the properties thanks to celebrity endorsements, culminating in the Cape’s incorporation in 1970. The city used to be known as a community primarily made up of retirees. However, after the construction and population boom in the 90s, Cape Coral started bringing in younger professionals which in turn brought younger families.

The climate of this area is ideal for those who love sunshine. The community averages approximately 355 days of sunshine each year but experiences precipitation approximately 145 days per year. Summer showers are not uncommon here, but they are heavy and brief. Summers are warm and humid, while winters are mild and dry.

Many of the residences in Cape Coral have either a waterfront or waterview. Compared to other waterfront properties in the state, waterfront property is more affordable and easier to obtain in Cape Coral. From waterfront mid-rise to high-rise luxury condos, Cape Coral supplies residents with beautiful views and quick access to the Gulf of Mexico.

Several amenities can be found in Cape Coral’s waterfront properties. Beautiful sandy beaches, fishing piers, Yacht clubs, water parks and sports, 30+ recreational parks, 7 golf courses, bird and wildlife watching, nature trails, art galleries and museums, theaters, performing arts centers, gift shops, restaurants, several golf courses and so much more can be found in this beautiful city.

Owning waterfront real estate, whether it is a condominium or single family home, has never been so affordable and accessible as it is in Cape Coral.

Cape Coral as a City

Cape Coral is a city situated in Lee County, Florida. It is dubbed as the “Waterfront Wonderland” of Florida. It is named Cape Coral because it has over 400 miles of waterways and canals. It is currently the largest city between Tampa and Miami, and is considered to be one of the top cities to retire in as of 2015.

Short History

Cape Coral was founded by Leonard and Jack Rosen in 1957. The two brothers spent two weeks flying across Southwest Florida in search for land to develop. The brothers ultimately chose Redfish Point (Early name of Cape Coral) to develop. Together they have transformed the vast wasteland into a “Waterfront Wonderland”. In between development periods, The Cape, as it is known among locals, would be incorporated as a city in 1970. Expansions continued after that, slowing down only due to the housing crisis in 2008.

Climate

Cape Coral’s climate falls under the subtropical category. It is hot, rainy and humid during summer, while winter is moderate and dry.

Dry Season

Dry season at Cape Coral begins in October and ends in May. Winters in Cape Coral are very pleasant and sunny. The weather is seldom gray, with the area getting a good deal of sunshine for much of the period.


Rainy Season

The rest of the year is a pronounced rainy season. Cape Coral receives an average of 53 inches of rain annually. A typical rainstorm lasts for 45 to 90 minutes.

Hurricane Season

Hurricane season in The Cape lasts from June 1st to November 1st. Hurricanes usually occur between August and September. Cape Coral’s location on the Gulf of Mexico means the city doesn’t get as many hurricanes as other parts of Florida.

Demographics

Cape Coral is a growing city with a low cost of living. These demographics show the estimated 2015 population growth in Cape Coral based on the ESRI, Inc.

Total Population: 180,304
Male Population: 48.4%
Female Population: 51.6%
Households: 70,097
Housing Units: 85,147
Average Household Size: 2.56
Average Household Income: $72,034
Families: 50,690
Average Family Size: 2.97
Civilian Employed: 90.3%
Civilian Unemployed: 9.7%

(Source: Capecoral.net)

City Income

Cape Coral’s economy mainly comes from health care, merchandising, and real estate. The Gross Metro Product is up to $22.1 B. It is included in Forbe’s Best Places for Businesses and Careers. The unemployment rate is 5.40%, while the job growth is 3.95%.

Local Taxes and Per Capita is:

Sales Tax Rate: 6.00%
Income Tax: 0.00%
Income per Capita: $28,156

(Sources: Capecoral.net, Bestplaces.net, Forbes.com)



Carney Vacant Land

Carney Properties and Investment Group currently has access to over 4,000 vacant lots and acreage, more than any other builder or investor in the area. If you’d like to purchase vacant property call (239) 443-5809 for immediate assistance.


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