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Old 06-28-2015, 11:38 AM   #1
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Cape Coral waterfront property question

Hi,

My wife and I are thinking of buying some waterfront property in Cape Coral. I have some questions on where I should buy? I have a 38 foot trawler that draws minimum 3 1/2 feet. I would appreciate anyone who does boating there to maybe give some advice.
Thanking you in advance!!!!
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Old 06-28-2015, 01:12 PM   #2
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The big thing is clear access, no bridges.
Cape Coral is a funny town, they carved in all the canals (some are fresh water) but didn't control the build up process consequently you have all kinds of areas with just empty lots and no real time frame to fill them.
I was looking for a condo there last year and was told by the locals that the city is about to readjust water and tax rates.
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Old 06-28-2015, 02:24 PM   #3
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Yes, i found out they are going to tax $30,000 for city water and sewer. You have 10 years to pay off through your taxes (with some small amount of interest). This is for single family homes. Thanks for the info.
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Old 06-28-2015, 02:25 PM   #4
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I winter my boat there at " Harbour at Cape Coral". Very nice boat basin just inside the fresh water lock at the South end of Cape Coral. Thought about buying property on a canal there, but decided I liked the security for the boat of people always being around when I wasn't.

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Old 06-28-2015, 02:34 PM   #5
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Thanks, I would do the same if I didn't live there.
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Old 06-28-2015, 02:48 PM   #6
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Try Punta Gorda Isles. Just north a bit and real nice cruising grounds. Sail boat water is the most valuable. For $350K, you can get a real nice place with a dock and a pool.
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Old 06-28-2015, 03:09 PM   #7
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Be very careful about Cape Coral. As mbevins said, it is a very funny (non haha) town. Some areas can be a snake pit while others are pretty nice. Ask a lot of questions of the people that actually live in the area you are considering.

Re: Punta Gorda Isles...better hurry.
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Old 06-28-2015, 05:34 PM   #8
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Thanks Seasalt you said what I was trying to infer.
You really do have to be careful here that you don't end up in the next pit.
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Old 06-28-2015, 06:51 PM   #9
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Yes, I know how careful you must be. I am a broker salesman in Clermont area that lives on the chain of lakes in Clermont. I do understand real estate but am out of my league on Cape Coral. I love the area but the R.E. people there I do not know.
I really want to get boater's feedback on the area as they are the BEST people to know for info on boating there.
I thank you for ALL your info as I really don't want to lose a lot of money LOL


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Old 06-28-2015, 07:40 PM   #10
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As noted above, Cape Coral is a hodgepodge of waterfront values that still haven't settled out from the city being the real estate poster-child of the downturn..... build quality was all over the spectrum. I'd look very close. We found more predictable deals further north like Port Charlotte but ended up on Longboat Key.
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Old 06-28-2015, 08:50 PM   #11
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Thank you! I agree except the boating with islands (Sanibel,captiva ) are beautiful.
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Old 06-29-2015, 05:59 AM   #12
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For someone looking to relocate to FL the simple solution is to come down and RENT for a month or three., near the area of interest.

This will give the time required to understand the different lifestyles ,,from small utopia prisons of gated golfing communities , to the more freedom seeking folks in the center.

For a fish killer coastal instant access is preferred , but for most cruisers , a day (50 miles ,perhaps locks and bridges) inland up a river will lower costs by 1/2 or more .And taxes even more.

ALL of FL sucks in the summer , so keep the cabin in the North woods or an RV or cruiser to escape for the summer.

Although the locals LOVE summer as the snow birds are gone and driving ceases to be a traffic jam.
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Old 06-29-2015, 07:39 AM   #13
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Hi, I live in Clermont,Florida 26 miles due west of Orlando.


Thanks for the tips.
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Old 06-29-2015, 08:52 AM   #14
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Cape Coralhas for decades lured boaters to ook with the lowest prices on the west coast. Despite that empty lots abound and always have. I don't know all the reasons but I would be very careful.
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Old 06-29-2015, 10:30 AM   #15
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Thanks! You are right as we were down there looking at areas (waterfront lots) and there are lots of them. The "no bridges & no locks" start around $200k. a lot of money. I really wanted to find someone who actually boats there to ask (call them) some questions on best areas to boat there. Thanks for the advice as we saw it and there are many, many lots available. They don't have a time frame to build so people are just "sitting" on them. Take care
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Old 06-29-2015, 03:47 PM   #16
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We just bought a condo in SW Cape Coral. Currently living on our boat in Buffalo, will leave her up north for the winter when we move down in September.
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Old 06-29-2015, 05:06 PM   #17
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Love to talk to you after your move!!!
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Old 06-29-2015, 09:28 PM   #18
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We wintered last year on Pine Is.
It's a great area but a little to rural for us. We bought a condo in N.Fort Myers with access to the Caloosahatchee River. A little bit farther to ICW area but away from the issues of CC.
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Old 06-30-2015, 05:52 AM   #19
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We looked in Pine Island but didn't really care for the rural feel like you. I feel stupid but what is CC mean? We did a lot of lots that we felt were very over priced.
As having 8 parrots a condo is out for us! Thanks and enjoy your new condo.
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Old 06-30-2015, 05:56 AM   #20
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We did see Pine Island and agree is too rural. What does CC mean? We saw many lots on the North side of the river...VERY expensive with some where it would take you an hour and a half to get to the river(also have to deal with a lock).
Thanks and enjoy your new condo.
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