Things to do in Cape Coral Florida-Cape Coral, Florida is a city located in Southwest Florida, right on the Gulf of Mexico. It is known for its beautiful waterfront properties, canals, and boating opportunities. The city has a population of over 190,000 residents and is one of the fastest-growing cities in the state. Moreover, Cape Coral is a popular destination for retirees, families, and vacationers looking for a relaxed and tropical lifestyle. The city offers a wide range of real estate options, from single-family homes to condominiums, many with waterfront or canal frontage. Furthermore, the canals that wind throughout the city provide excellent opportunities for boating, fishing, and other water activities.Along with its natural beauty and water attractions, Cape Coral also has many parks, golf courses, and shopping centers to cater to residents' needs. It also offers a variety of dining options, entertainment venues, and cultural events. Activities to do in Cape Coral Florida: 1. Visit the Cape Coral Farmers Market: Explore this vibrant market featuring local produce, fresh seafood, homemade crafts, and live entertainment. The market is held every Saturday in downtown Cape Coral between SE 47th Terrrace and SE 10th Place.2. Go on a Boat Tour: Rent a boat or join a guided tour to explore the beautiful waterways and scenic views around Cape Coral. You can also go fishing, kayaking, or paddleboarding.3. Relax at the Beaches: Spend a day at the beaches in Cape Coral, such as Cape Coral Yacht Club Beach or Four Mile Cove Ecological Preserve. Enjoy swimming, sunbathing, and picnicking. *Note: The Cape Coral Yacht Club… Continue Reading
Tips for Moving Your Family to Cape Coral-Moving can be particularly stressful with a family due to a variety of factors. Firstly, with a family, there are usually more items to pack and organize, making the moving process more complex. Additionally, coordinating schedules, finding a new home that meets everyone's needs, and handling the logistics of moving day can add to the stress. Moving requires extensive planning, organization, and time management. Lastly, balancing moving tasks with regular family commitments, work, and school can be overwhelming and stressful. Below are a few tips to for moving your family to Cape Coral and to help make the process easier. Create a Moving Plan Start by making a comprehensive moving plan that outlines all the tasks that need to be completed. Of course, this plan should include a timeline for each task, a budget, and a checklist of items that need to be packed and moved. Declutter and Organize Before you start packing, encourage each family member to go through their belongings and declutter. This will help reduce the number of items that need to be packed and moved, making the process more manageable. Sort items into categories such as keep, donate, sell, or throw away. Hire Professional Movers Depending on your budget and preference, you can choose to hire professional movers or opt for a DIY move. Further, obtain quotes from reputable moving companies and compare their services and pricing. If you choose to hire movers, book them as early as possible to ensure availability on your preferred moving date. Pack Room by Room Start… Continue Reading
Cape Coral: Property Management Tips-Long-term and short-term rentals can be a great investment opportunity for investors looking to maximize their income. Property management is the oversight and administration of these real estate properties either by the property owner or by a licensed professional on behalf of the property owner. Property management involves tasks such as rent collection, tenant screening, property maintenance and repairs, lease agreements, and marketing and advertising. To illustrate, here are some property management tips to maximize your investments in Cape Coral. 1. Know your target market: Firstly, it's important to understand the needs, preferences, and demographics of your target market. This will help you tailor your property management strategies and marketing efforts accordingly. 2. Develop a strong online presence: In today's digital age, having a strong online presence is crucial. Create a professional website for your property management business. Additionally, it is important to utilize social media platforms to showcase your properties and attract potential tenants. 3. Maintain and improve properties: Regularly conduct property inspections to identify areas that need maintenance or improvement. Keeping properties in good condition will not only attract quality tenants but also help retain them in the long run. 4. Effective advertising and marketing: Utilize various advertising channels to promote your properties, such as online listings, local newspapers, flyers, and signs. Specifically, highlight the unique features and benefits of each property to attract potential tenants. 5. Screen tenants thoroughly: Implement a thorough tenant screening process to ensure that you select reliable and responsible tenants. Conduct background checks, verify employment and income, and check for… Continue Reading
Growth and Development in Cape Coral-Cape Coral is located in SWFL on the Gulf Coast, separated from Fort Myers by the Caloosahatchee River. Cape Coral is famous for its integrated canal systems of both freshwater and saltwater. With over 400 miles of navigable canals, Cape Coral has more canals than Venice Italy. Source: https://worldpopulationreview.com/us-cities/cape-coral-fl-population Cape Coral is the largest city by population in Lee County Florida, and the 8th largest city in Florida. Its population has been steadily increasing 7% annually over the past 10 years. Indeed, these increases have attracted developers and investors to the area. Cape Coral is a popular destination for retirees and families. For instance, the city has a warm climate, beautiful beaches, and a variety of activities and amenities. In recent years, Cape Coral has seen a number of new developments and improvements. Below is an overview of some of the latest news and updates regarding development in Cape Coral. Housing Developments in Cape Coral New construction continues to boom in Cape Coral and there are a number of new housing developments already completed or underway. Furthermore, these developments will add thousands of new homes to the city's housing market. The new developments include a variety of housing types, including single-family homes, townhomes, and apartments. Some examples of newer luxury apartment developments include Midtown Cape Coral, The Oasis at Surfside, and Coralina Apartments. New construction single-family homes are also still on the rise. We expect the demand to continue due to the cityβs increasing population. Lee County issued 670 permits in May 2023. New Commercial Developments… Continue Reading
Cape Coral Waterfront Homes Increase Value-Situated in Southwest Florida, the city of Cape Coral, known for its extensive shoreline with several beaches, is actually a great area for those who desire a waterfront lifestyle. Aside from its amazing beaches and nearby islands, Cape Coral has approximately 400 miles of canals, which allow residents to dock their boats just beside their homes. Waterfront homes often hold a higher value compared to homes without water access for several reasons. Here are some factors that contribute to the increased value of waterfront homes. Amazing waterfront Terrace in Paradise Scenic Views One of the biggest attractions of waterfront homes are the breathtaking views they offer. Whether it's a serene lake or an expansive oceanfront, waterfront homes provide the opportunity to wake up to picturesque scenery every day. These stunning views are highly desirable and command a premium price. Activities & Vacation-like Atmosphere Living near the water allows homeowners to enjoy various recreational activities such as boating, fishing, swimming, and water sports. The convenience and easy access to these amenities contribute to the increased value of waterfront properties. Furthermore, owning a waterfront home can feel like being on vacation all year round. The ambiance and proximity to natural beauty create a sense of escape and relaxation, offering a permanent retreat-like experience Privacy and Tranquility Waterfront properties often provide a higher level of privacy compared to homes located in more densely populated areas. Water bodies act as natural buffers, reducing noise and creating a serene and exclusive environment. Waterfront homes also offer a sense of peace and… Continue Reading
Cape Coral Real Estate Market Update-According to the latest market data, the Cape Coral real estate market has been experiencing steady growth and activity in 2023. Here are some key highlights and trends: Firstly, the median sold home prices in Cape Coral have continued to remain neutral. The June 2023 Months of Inventory based on Closed Sales of 3.9 was increased by 113.7% compared to last year and up 29.6% compared to last month. June 2023 was Neutral market. There is a high demand for properties in Cape Coral, particularly among retirees and individuals looking for vacation homes. The favorable weather, affordable living, and access to outdoor activities are some of the key reasons for this positive buyer sentiment.There has been a surge in new construction projects, with builders capitalizing on the demand for housing. This trend has brought more options for buyers and has helped ease the inventory shortage to some extent.Additionally, the popularity of Cape Coral as a vacation destination has fueled the demand for short-term rentals. Many investors are purchasing properties with the intention of renting them out to tourists, which could present additional investment opportunities.Overall, the Cape Coral real estate market has demonstrated stability, despite fluctuations in the broader economy. The consistent growth and demand for properties indicate a favorable market environment for both buyers and sellers.It's important to note that these trends are based on general market data. They may vary depending on specific neighborhoods or property types. Moreover, If you have any specific questions or would like a more detailed analysis of a particular area… Continue Reading
Open House 7/8 – Cape Coral Homes For Sale-ππππ πππππ: π/π/ππ ππππ ππ πππ πΆπππ π‘ππ’π π‘βππ ππππ’π‘πππ’π πππππ βπππ! ππ βππ£π π ππ£ππππ ππ π‘βππ π βππππ ππ£πππππππ ππ π‘βπ ππππβπππβπππ πππππππ‘ππ πππ πππππ¦ πππ ππ’ππβππ π. π πππππ βππππ‘π πππ π πππππ π€πππ ππ ππππ£ππππ. πΊππ‘ ππ’π‘ ππ π‘βπ βπππ‘ πππ π πππ€ πππ ππππ πππππ₯ π€ππ‘β π’π ππ‘ π‘βππ ππππ’π‘πππ’π πππ€ ππππ π‘ππ’ππ‘πππ. ππππ ππππππππ‘πππ πππππ€ ππππ’π‘ π‘βπ πΆπππ πΆππππ π»ππππ πππ π πππ: About the Cape Coral Homes For Sale πΆππππππ πππππ: $399,500These beautiful new construction homes offer 4 bedrooms, 2 baths and 1691 sq ft. of living space. The kitchen features granite countertops, stainless steel appliances, 42-inch cabinets with soft-close drawers, and a large kitchen bar with plenty of counter space. The primary bathroom includes double sinks, granite countertops, a tiled shower, and a large walk-in closet. The second bathroom also includes granite countertops and a tiled shower/tub combo. This home also comes with a 3-car garage which will give you plenty of space to keep your vehicles and more. Other features include tile throughout, vaulted ceilings, a screened-in lanai, tons of storage space, and hurricane-impact doors and windows. The home is beautifully landscaped with a sprinkler system already installed. Washer & dryer included. No HOA. Lastly, no flood insurance is required! Click below to check out more information about these two Cape Coral Homes that are active listings! Both are on city water, sewer, and irrigation! 222 NW 3rd Pl., Cape Coral, FL 33993 428 NW 4th St., Cape Cora, FL 33993 Please click here to learn more about the new construction homes available. Even More Options… Continue Reading
Title Companies and Services-A title company, also known as a title insurance company, is a company that plays a crucial role in real estate transactions. They handle the closing process by coordinating with all parties involved, securing and disbursing funds, and facilitating the transfer of ownership. There are several reasons why people should use a title company in real estate transactions. Overall, using a title company minimizes the risk and ensures a smooth and legally sound real estate transaction for all parties involved. Below is a list of Title Company services and benefits. Title Search A title company conducts a thorough title search to ensure that the property being sold has a clear and marketable title. This means verifying ownership, checking for any liens, encumbrances, or other issues that could affect the buyer's ownership rights. Title Insurance Title insurance is issued by title companies. Title insurance protects the buyer and lender against any potential losses arising from title defects, undisclosed liens, or other issues that may arise. This is a benefit that gives buyers peace of mind and protects their investment. Escrow Services Title companies act as neutral third parties in real estate transactions. They hold and disburse funds, including earnest money deposits and closing costs, in an escrow account until all conditions of the sale are satisfied. This ensures that both the buyer and seller are protected and that the transaction is carried out smoothly. Closing Services Closing services involve facilitating the closing process by preparing the necessary documents, coordinating with all parties involved, and ensuring that all… Continue Reading
Cape Coral Real Estate – Mid Year Update-As real estate professionals, we want to provide you with accurate and useful information about the current state of the real estate market. By analyzing the data provided, we can see a correlation between the months supply of inventory, the 12-month change in months of inventory, median days homes are on the market, list to sold price percentage, and median sold price. Below is your Cape Coral real estate mid year market update! *Note* data is from all residential sales (single-family, condos, townhomes, and apartments). Months Supply of Inventory Firstly, the months supply of inventory is a measure of how long it would take for all the current homes on the market to sell, given the current rate of sales. In this case, the months supply of inventory is 4.16, which means that if no new homes were listed on the market, it would take just over 4 months for all the current homes to sell. However, it's important to note that the 12-month change in months of inventory has increased by 166.67%. This indicates that there are more homes on the market now than there were a year ago, which is affecting the supply and demand balance. Median Days on Market Meanwhile, the median days homes are on the market is 34, which is relatively low. This suggests that homes are selling relatively quickly, despite the increase in supply. List to Sold Price Percentage Additionally, the list to sold price percentage is 97.5%, which means that homes are selling for a price that is very… Continue Reading
Cape Coral Fishing Spots – What you need to know!-Cape Coral Fishing is a great way to relax, spend time with family and friends, and escape everyday stressors. Since Florida is the βFishing Capital of the Worldβ it makes sense that people want to move and vacation here! Cape Coral is a city in Southwest Florida known for its beautiful beaches, canals, and fishing opportunities. The fishing in Cape Coral is great because of the city's location, its waterways, and its abundance of fish. The city is located on the Gulf of Mexico coast and has a large number of canals and lakes. Furthermore, the canals and lakes in Cape Coral provide a variety of habitats for fish, and the city's location on the Gulf of Mexico coast means that there is a constant supply of baitfish. Accordingly, this makes Cape Coral a great place to fish for a variety of species, including bass, trout, snook, and tarpon. Cape Coral is also home to many fishing piers and boat ramps. Additionally, this makes it easy to get out on the water and start fishing. There are also a number of fishing guides in Cape Coral who can help you find the best places to fish and the best baits to use. If you are looking for a great place to fish, Cape Coral is a great option. The city has a variety of waterways, a variety of fish, and a variety of places to fish. The fishing in Cape Coral is great for both experienced and novice anglers. Below is a list of approved fishing… Continue Reading
Cape Coral Vacant Land Market Update-April 2023 Statistics Cape Coral Vacant Land Market Update: May 2023. Here are are some important statistics from April 2023 Closed Sales: 223New Listings: 351Active Inventory: 2,559Median Sales Price: $50,000Average Sales Price: $75,000 April 2023 was a buyers market! The Median Sold Price increased by 6.4% from last month. Additionally, the Average Sold Price decreased by 6.2% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Appreciating" Additionally, the DOM for April 2023 was 136, down 9.9% from 151 days last month and up 60% from 85 days in April of last year. Lastly, the April 2023 Months of Inventory based on Closed Sales of 11.5 was increased by 273.6% compared to last year and up 16.5% compared to last month. April 2023 was Buyer's market. City Approves Future Land Use Change The Cape Coral Planning and Zoning Commission recommended approval Wednesday for a city-initiated small-scale future land-use amendment for 140 properties along Diplomat Parkway East totaling about 14.6 acres. Buying Vacant Land in Cape Coral Are you looking to purchase vacant land in Cape Coral or other parts of SWFL? Are you a builder, investor, or looking to build your dream home? If so, there are some important things you need to know when buying lots in Cape Coral and SWFL. Of course, we want you to know a few things you should be looking at when you decide to purchase a lot here. Click here to find out more. Selling Vacant… Continue Reading
FIRPTA & Foreign Owners in Cape Coral-Unlike other areas of the country, Cape Coral is full of foreign property owners. Some have bought vacant lots that they plan to eventually build a home on and retire in this area. Yet, others have bought the lots for cheap as a long-term investment or quick flip. We also have many foreign clients who own a home here in Cape Coral as a second home, vacation home, or income property. Either way, at some point there comes a time when the foreign property owner is ready to sell their investment. But, there are some very important factors to consider when selling a property in the United States as a foreign owner. Here we will discuss FIRPTA and Foreign Owners in Cape Coral. One of the most important things to consider is FIRPTA. Are you a foreign property owner or investor? If so, it is important to understand FIRPTA and what that means when you sell a property here in the United States. What does FIRPTA mean? FIRPTA stands for the Foreign Investment in Real Property Tax Act. Back in the 1980βs, the US government instituted a withholding tax at the time of sale when the property is owned by a foreign person. The tax code requires buyerβs to withhold up to 15% of the gross sales price if the seller is a nonresident alien, foreign corporation, foreign partnership, foreign trust, or foreign estate. Additionally, foreign investors are given a Taxpayer Identification Number (TIN) to pay taxes or to file for withholdings on properties they buy and… Continue Reading