Cape Coral, FL Property for Sale: You'll Like the Attitude in Paradise

With an estimated population of 169,355, Cape Coral is quickly becoming a hot spot for realty purchases in Florida with Cape Coral property for sale being snatched up by homeowners and investors.  The largest city in the southwest region of Florida, Cape Coral has seen rapid population growth since 2000 earning it the title of the population growth capital of Florida.  Since 2000 the population has grown an amazing 6.57 percent.  Cape Coral can attribute its rapid growth on an array of reasons including climate, median home and land costs and low cost of living.

With over 355 days of sunshine per year and an average temperature of 85 degrees, Cape Coral’s tropical climate is inviting to not only vacationers, but folks looking to relocate from northern states.  Cape Coral’s location on the Gulf of Mexico and proximity to Fort Myers Beach, Sanibel & Captiva Islands, and Naples also make it a popular relocation spot and makes property in Cape Coral a hot seller.  Cape Coral also has a growing technology and biomedical industry that is expected to continue to expand.  The healthcare, hospitality and tourist industry are also major job makers in the city.

In comparison to the rest of the nation, the city boasts a low cost of living, 2.30 percent lower than the national average.  This low cost of living is not only shown through the low cost of Cape Coral property for sale (including land), but lower utility, food, and gasoline costs.  While the cost of living remains low, the median income in the area remains at a moderate level of $47,000.  Lots and land for sale and property within Cape Coral remains lower than the state average. 

Cape Coral’s population is expected to see continuous growth in the next decade.  With many great vacant lots still left within the preplanned city, Cape Coral is a builder and land investors’ dream city boasting substatial investment land for sale.  A rather young city, building started in 1957, Cape Coral has seen substantial growth since its inception that will continue to rise due to its tropical climate, low median home costs and cost of living in the area.  To discuss Cape Coral property for sale with a member of the Cape Coral specialty team call us at (239) 333-2221

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