33904 Real Estate - 33904 Homes For Sale | Zillow (2024)

FAQs

Is Cape Coral a good place to live? ›

Cape Coral was ranked third on Forbes' Best Places to Live in Florida in 2023 list.

In conclusion, Cape Coral, Florida, is not just a good investment for real estate; it's an excellent one. Its unique blend of lifestyle appeal, economic growth, and investment-friendly environment makes it a top choice for those looking to dive into the real estate market.

In the early history of Cape Coral, the Calusa tribe of the Native Americans lived here. The oldest building in Cape Coral was the Ranch House Motel built in 1947, for winter visitors who came to fish on Pine Island Sound.

4) Affordability: Compared to other coastal areas in Florida, Cape Coral offers relatively affordable real estate options. The median home price in Cape Coral was $385,000 in September 2023, presenting a good investment opportunity.

Nestled in the northeastern reaches of Cape Coral, Coral Lakes is one of the area's most popular neighborhoods. Residents love the incredible amenities available in the community, from a secured access gate and a swimming pool to sports fields and courts.

Cons of Cape Coral life

Some residents might find the city to be too quiet, especially when compared to the bustling activity in nearby cities like Miami. The summer months can get exceedingly hot and humid, which might not suit everyone.

The 50% Rule, a regulation of the National Flood Insurance Program, requires that structures with damage exceeding 50% of their market value be rebuilt consistently with the current flood elevation and Florida Building Code.

Sale-to-list price ratio: 97.01% Cape Coral, FL is a buyer's market in May 2024, which means that the supply of homes is greater than the demand for homes.

Cape Harbour

With a median home price of $1,124,674 and a median rent of $1,353, Cape Harbour is the most expensive neighborhood on our list. Based on the growth in home prices in Cape Harbour over the last 3 years, it ranks No. 1 among all the neighborhoods in Cape Coral.

Versailles is a 90,000-square-foot (8,400 m²) house belonging to Westgate Resorts founder David Siegel and his wife Jackie. It is under construction at 6121 Kirkstone Lane, Windermere, Florida, in the gated community of Lake Butler Sound in Orange County, Florida, United States.

How many houses are in Cape Coral, Florida? ›

There are 90,717 housing units in Cape Coral, and the median year in which these properties were built is 1996. Of the 74,387 occupied housing units in Cape Coral, 77.05% are owner-occupied, while 22.95% have renters living in them.

Cape Cod style originated in Cape Cod, Massachusetts, but this house style can be found across the United States. The highest concentration of these homes is located in New England and the northeastern United States.

Based on all homes sold in the last 12 months. Homes in Cape Coral have sold for 3.1% less than they did a year ago. Summary: The median home sold price in Cape Coral was $396,955 in May 2024, down 3.1% from last year, and the median price per square foot was $237.

Cape Coral has been consistently ranked among the top 10 most overpriced housing markets in the U.S. over the last few years, according to data from researchers at Florida Atlantic University and Florida International University.

The cost of living in Cape Coral, FL is 7% higher than the state average and 5% higher than the national average. Cape Coral, FL housing is 12% more expensive than the U.S average, while utilities are about 5% less pricey.

The cost of living in this beautiful community is much lower than the national average. Besides, the state does not collect income tax, estate tax, inheritance tax, or intangible property tax. The sales tax rate is also relatively low, between 6-7.5%. This is good news for retirees who are on a fixed income.

The per capita income in Cape Coral in 2018 was $37,621, which is middle income relative to Florida, and upper middle income relative to the rest of the US.

There's an argument to be made that Southwest Florida's largest city is also its luckiest. That's because, despite the major hurricanes that have impacted our region in the past several decades, Cape Coral has been spared the worst damage in all of them, particularly when it comes to storm surge.