Is Cape Coral a good place to invest?
Cape Coral also sometimes offers up the possibility of investing in a multi-family property, such as a triplex, quadraplex, or even a property with five or more units. With a steady supply of potential renters out there, duplexes and multi-family units in Cape Coral can prove to be a good real estate investment.
Is Cape Coral a good place to retire?
PRO: One of the Best Cities to Retire in America Many people come to Florida to retire, it’s true. If that’s you, you’ll be glad to know that Cape Coral is the #10 Best Place to Retire in America. That’s because we have excellent weather all year, no state income tax, and the great outdoors!
Is Cape Coral expensive to live?
Wondering the cost of living in Cape Coral, FL? Overall, the cost of living in Cape Coral, FL is 4% more expensive than the national average. While Cape Coral won’t win any awards for Florida’s cheapest city, it’s still affordable. The city gets a 104/100, which is only 4% higher than the national average.
What are the pros and cons of living in Cape Coral Florida?
10 Pros of Living in Cape Coral, Florida
- #1: Water, Water, Everywhere.
- #2: Stay Close to Nature.
- #3: Weather.
- #4: Housing Options for Every Budget.
- #5: Low Crime Rate.
- #6: Good Schools.
- #7: This is Not an Age-Restricted Community.
- #8: There are a Variety of Homeowner Association Options.
Why are there so many empty lots in Cape Coral?
Cape Coral is now the largest city in America’s fastest-growing metropolitan area. Its low-lying swamps have been drained, thanks to an astonishing 400 miles of canals—the most of any city on earth—that serve not only as the city’s stormwater management system but also its defining real estate amenity.
Is Cape Coral a good place to live?
Cape Coral is one of the Most Affordable Places to Live in FL. Florida has become known as a destination which offers lots of amenities at an affordable cost. But residents of Cape Coral enjoy even higher value. Cape Coral has been named the third most affordable city in Florida.
Does Cape Coral FL get hit by hurricanes?
Like many places, Cape Coral is seeing more intense rain events. It also faces a risk of more intense hurricanes in the future. Hurricane Irma in 2017 gave Cape Coral a glancing blow. The city also took hits from Hurricanes Charley in 2004 and Donna in 1960.
Does Cape Coral get hurricanes?
Flooding in Cape Coral can occur from two causes, heavy rain and storm surge. Amazingly, the storm surge can be as high as 25 feet in an intense hurricane. The areas most susceptible to storm surge are located near the coastline of Charlotte Harbor, the Caloosahatchee River and Matlacha Pass.
Is it cheaper to live in Cape Coral or Ft Myers?
Cape Coral is 8.0% more expensive than Fort Myers. Cape Coral housing costs are 11.0% more expensive than Fort Myers housing costs. Health related expenses are 0.0% less in Cape Coral.
Does Cape Coral Florida get hurricanes?
Are there bad parts of Cape Coral?
People who live in Cape Coral generally consider the west part of the city to be the safest. Your chance of being a victim of crime in Cape Coral may be as high as 1 in 40 in the southeast neighborhoods, or as low as 1 in 82 in the west part of the city.
What celebrities live in Cape Coral Florida?
Other lovers of the land here:
- NBA star Larry Bird.
- Rocker Bob Seger.
- Alex Lifeson of Rush.
- Legendary NFL coach Mike Ditka.
- PGA star Rocco Mediate.
- LPGA’s Nancy Lopez.
- A half dozen MLB stars, including Greg Luzinski and Bullet Bob Turley.