With over one hundred square miles, Cape Coral is Florida’s second largest city in terms of land mass. That’s not the reason why so many residents and visitors call it paradise, though. Cape Coral is an exceptional and breathtaking city, with the unique feature of having more than 400 miles of salt and fresh water canals. That’s 400 beautiful miles of secluded and beautiful Cape Coral waterfront property. Often referred to as the Venice of America, Cape Coral certainly has all the makings of paradise and is the perfect retirement spot for the boater, beachgoer, or fishing fan.
Not everyone wants to live directly on the beach. Cape Coral’s canal properties offer the beauty and exclusiveness of waterfront life without the hectic beach traffic and living in a tourist trap. Most waterfront property in the Cape has the privacy and charm of a family oriented neighborhood, with the additional benefit of the wildlife and beauty of waterfront living.
Imagine watching the sunset while manatees play together right from the comfort of your own Cape Coral waterfront home. No wonder it’s called paradise.
Before purchasing your slice of Cape Coral paradise, there are a few choices you’ll need to be aware of:
Cape Coral Canals 101
When deciding on the perfect waterfront property, keep in mind that there are many different types of canals in Cape Coral, including saltwater canals, freshwater canals, preserves, intersecting canals, and some that offer Gulf access.
Gulf Access: If you are a boater, a Gulf access canal may be important to you. If so, keep in mind that some properties are a quick five minute trip to the river that leads to the Gulf of Mexico, while others may take an hour or more to arrive. The closer or further down river you are located, the more quickly you’ll be on the open waters and out of the 5 mile per hour “No Wake” speed restrictions. More choices to think of include:
Direct/Sailboat access: No bridges, locks or lifts to worry about. This is the least restrictive type of access and is quite important to the boat owner. If you own (or plan to buy) a sailboat, you’ll need to check out the waterway more thoroughly. Just because a listing is direct access does not mean that it is suitable for a sailboat. There are only a few areas in Cape Coral that truly have sailboat access, including proper water depth, and obstruction free. For a sailboat, you’ll want to be on a DEEP DIRECT ACCESS canal.
Freshwater: Many freshwater canals lead to a lake or even a chain of freshwater lakes. If you would rather steer clear of the ocean, choosing property on a freshwater canal may be ideal for you. Again, if you are a boater it is important to be aware of where your canal leads to. Although most do lead to beautiful lakes, there are a few canals that really don’t go anywhere that is suitable for a large boat. If your interests lie in bass fishing or canoeing, these winding canals still offer an excellent way to experience waterfront property at a lower overall price. Our realty team is familiar with the various waterways of Cape Coral and will be sure to steer you in the right direction, according to your needs.
Canal Widths: Along with freshwater or saltwater choices, our canals also come in different widths, which provide a variety of water views. Cape Coral canals range from 80 feet to over 200 feet in width. Some of the most beautiful also offer an intersecting view. The wider the canal, the better the view, so the wider canals are generally prices higher, as are the intersecting canals.
Investment Value: Of course any waterfront property will have a higher resale value than most other property in Cape Coral, but keep your choices in mind when considering the resale value of your canal location. A direct access property located closer to the mouth of the river will appreciate more quickly and appeal to more buyers in the long run.
My experience is here to help you make the wisest choice and to assist you with any questions you may have regarding Cape Coral waterfront property. Call me today. 239-699-2092
Bob is a member of the Greater Fort Myers & the Beach board of Realtors, The Florida Association of Realtors, and the National Association of Realtors.