100450 . 72 Home SFR Cape Coral FL, Cape Coral, FL 33993

Choose nearby businesses to show on the map:

Building Details:

• Year Built: 2020

100450 . 72 Home SFR Cape Coral FL is located in Cape Coral, FL.

Cape Coral sits on Florida’s stunning Gulf Coast with a regional population of 1.2 million people. Near to the Caloosahatchee River and more than 400 miles of sprawling canals make Cape Coral one of the most navigable cities by waterways in the world. The city is within 10 miles of Interstate 75 connecting to the north and south-east parts of the state. Cape Coral is the #1 of top 25 growth cities in the country given their incredible 2016 job growth (4.16%), wage growth (7.08%), population growth (3.93%), home price appreciation (10.66%), and all accompanied by Florida’s pro-business environment.

Cape Coral is well-served with the essential utilities, roads and telecommunications resources that are necessary to support growth. Traffic flows smoothly on established roadways, and extensive broadband and fiber optics provide an easy global reach. In 2017, the city of Cape Coral was named by Forbes as the #1 Fastest-Growing city in the US, #1 Metropolitan area for Job Growth, #1 Future Job Growth, and as #10 Housing Investments Cities. In addition, WalletHub and Business Insider both named Cape Coral as one of the Top 10 Best Cities to start a business.

There is an increase of 19% of single-family building permits for the coastal counties, compared to February 2018 to February 2019. According to NeighborhoodScout®, the Cape Coral area has experienced a YOY increase in rent of 7%. The metro area is experiencing a median home sales price of $220,000 with 74% being homeowners. According to NeighborhoodScout®, single-family detached homes are the single most common housing type in Cape Coral, accounting for 79.3% of the city’s housing units. The median household income is about $105,784 for a family of four.
Recently, U.S. News & World Report released a list of the best places to retire, Fort Myers topped the list. According to U.S. News, the area has “retained its small-town heritage… with a charming downtown lined with shops and restaurants.” In addition, Fort Myers has seen a large amount of newer housing growth in recent years. The wealthier residents moving into these new homes seem to be attracted by jobs and the healthy local economy. In the Fort Myers area, the median household income is $41,591 and the residents work in jobs such as sales (14.46%), office and administrative support (11.44%) and management occupations (9.50%). Of interest, the people living in Cape Coral-Fort Myers are upwardly mobile, young and single professionals. The educational level of the people living in the metro is higher compared to the rest of the United States; 27.09% of adults have at least a bachelor’s degree.