Should You Move To Cape Coral, FL?

Even though Cape Coral, FL is not as big as Miami or Tampa, it is an ideal place for a person who is looking for new employment opportunities or a change of scenery. Imagine waking up in the morning, looking outside your backyard and seeing water; this is what Cape Coral offers. The city has more canals than any city in the world, with more than 400 miles of them. That certainly explains how it got the name “Waterfront Wonderland”.

According to statistics from the United States Census Bureau, Cape Coral has a land area of a little over 110 square miles, with water covering close to another 10, totaling 120 square miles. The peninsula is bordered to the east and the south by the Matlacha Pass and the Caloosahatchee River. If you are looking for an experienced real estate agent to find you a home in Cape Coral, call Rebecca: 239-464-2528.

To the east of the Caloosahatchee River is the city of Fort Myers. The following is a brief outlook of Cape Coral’s four best features:

1. A Vibrant Job Market

A recent report, compiled by Forbes, indicates that Cape Coral has a 32% net employment outlook for the next few years. This is a city that has been experiencing positive growth since 2014. For instance, records show that the unemployment rate reduced by 5.5% in 2014. This was a significant drop from the reduction experienced in past years.

When it comes to the workforce, some of the most popular jobs are in the education, construction, and healthcare sectors. This is attributed to the growing population of working-class families and retirees.

2. Transportation/ Infrastructure

Roads – Interstate 75 lies within 10 miles of the city and is connected northwards as you head to Tampa. On the southeastern side, it is connected to Miami. The city also borders highway 41. I-75 and highway 41 are easily accessible from Pine Island Road, also known as State Route 78. Inside the city, there is a network of arterial roadways.

Public Transportation – LeeTran is in charge of providing public transportation within the city boundaries. It operates a total of 18 fixed bus routes, 6 of which are within the city, and they operate from Monday to Saturday.

Bridges – There are 2 bridges that run from Cape Coral to Fort Myers. One of them is the Midpoint Memorial Bridge and the other is the Cape Coral Bridge, which spans more than 3,4000 feet. There are also other bridges on the Caloosahatchee River as well, more to the east.

3. Great Real Estate Opportunities

Cape Coral has some of the most affordable homes to purchase in Florida. The cheap rates can be attributed to a number of factors, one of which is the economy. The city has primarily relied on construction and growth to fuel its economy. A few years ago when the housing bubble burst, some of the so-called “better” jobs began to vanish. At the time, Cape Coral had not done much to diversify its economy, which would have eliminated the single-threaded dependence on real estate and construction.

Another issue that the city has faced is the presence of too much inventory, which provides a great opportunity to buy a house at a lower cost, once you decide to move. During the early days, many settlers chose to purchase acre land parcels as a form of investments. In recent times, investors have been building spec homes, some of which are yet to be offloaded. As such, investors have been entering the real estate market with prices that are below replacement costs. The fact that the city has some of the lowest tax rates also means that one gets to keep most of their income, making the place very affordable.

4. Is Cape Coral A Good Place To Raise A Family?

There are many local amenities, low crime rates, sunny weather, and high graduation rates from local schools in Cape Coral. You and your children can visit Mickey Mouse at the Walt Disney World Resort, one of the most notable attractions in the state of Florida. Although it is located in Orlando, Cape Coral is only a few hours away if you are driving. It would be easy for you to grab your family, pack them in the car and head out to Orlando for a family vacation at this iconic theme park.

Florida has many sandy beaches where the residents can go to take in the sun, and it’s a great place for families to relax and have fun together. In Cape Coral, the beach is located near the Yacht Club Community Park. There is another beach located close to the Four Freedoms Park. These beaches not only offer you and your family a good beach experience, but they are also equipped with picnic tables, playground equipment, and grills.

Schools in the city are continuously expanding and enhancing their performance standards. Currently, the city has 8 elementary schools, 6 middle schools, and 5 high schools. The city also has numerous colleges and universities, which include Florida SouthWestern State College, Florida Gulf Coast University, Rasmussen College, and Hodges University.

In Summary…

Cape Coral, FL is not only a great place to retire to, but it is also a good place to raise a young family. It has everything that you would need to be happy and content, including a vibrant economy, good schools, amazing scenery, and an effective transportation system. The real estate market is great for first time homebuyers, or those who may need a second home.

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