Property
Housing, development and the property market in Cape Coral.
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With median home prices still elevated and rents softening across Cape Coral's canal-front corridors, a growing number of Southwest Florida residents are asking whether they're better off renting where they live and owning somewhere they don't.
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Young professionals are relocating to Cape Coral's SE 47th Terrace neighborhood. Discover why updated 1970s-80s homes attract remote workers and Fort Myers commuters.
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Burnt Store Isles delivers stable waterfront value in Cape Coral. Median $492K homes sell in 28 days with Gulf access-here's why buyers choose this neighborhood over pricier areas.
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Cape Coral's July 22 rezoning hearing could transform 480 Yucca Pens acres from rural to mixed-use residential. Here's what residents need to know.
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The 18-story Caloosa Lofts will bring 220 new rental units to Del Prado Boulevard, raising questions about affordability and demand in central Cape Coral.
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Massive rezoning plan for Trafalgar Corridor would allow higher-density development, sparking debate over Cape Coral’s suburban future.
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Cape Coral residents weighing monthly rents against purchase costs are turning to rent-vesting as a path to build equity without overextending locally.
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Out-of-area buyers have returned to Cape Coral in force, driving multiple-offer situations on single-family homes in several zip codes.
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Cape Coral vacancy rates dropped to 3.8 percent last month as new residents compete for limited units.
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Cape Coral purchasers are delaying or accelerating offers as forecasts for lower rates take hold among local agents.
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Low prices and robust tenant demand push Trafalgar ahead of the pack for property investors seeking outsized returns.
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A widening price gap between houses and condos is reshaping where buyers look, what sellers expect, and which ZIP codes are winning.
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New road widening, a planned transit hub, and a wave of commercial permits are reshaping the northwest stretch of Cape Coral into a destination investors can no longer ignore.
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Activity among first-time purchasers increased in the second quarter while entry-level prices remained anchored near $265,000 for qualifying properties.
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With competitive bidding pushing median sale prices past $410,000 in Lee County this summer, the professionals paid to win are sharing exactly how they do it.
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City planners will review a proposal next month that could open the Chiquita Boulevard corridor to denser development amid rising demand for housing near the Caloosahatchee.
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First-time buyers closed 47 starter homes in Cape Coral during June as mortgage rates near 6.5%. Entry-level neighborhoods like Burnt Store Lakes offer three-bedroom homes between $275k-$315k.
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Cape Coral renters weighing ownership options now face a calculation centered on buying investment units while continuing to lease locally.
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The widening of Burnt Store Road will link northwest Cape Coral directly to Fort Myers employment centers by late 2028.
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Listings in the city now average 51 days before sale as sellers cut prices by up to 7 percent to move properties.
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Transactions by first-time purchasers climbed in the second quarter as entry-level homes along key corridors held steady near $325,000.
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Cape Coral City Council cleared a 180-unit mixed-use project on Del Prado Boulevard for construction starting later this year.
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Median prices along Burnt Store Road canals climbed to $498,000 in the second quarter, outpacing the citywide average by 8 percent.
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Retirees and empty-nesters are choosing single-story homes and condos in two Cape Coral pockets for easier maintenance and walkable access to daily needs.
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With home prices hovering near record highs and down payments a barrier for many, Cape Coral homebuyers are weighing the pros and cons of lenders mortgage insurance on their path to ownership.
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Blocks east of Del Prado Boulevard in Cape Coral now pull in workers from Fort Myers with rising home values and fresh amenities.
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Cape Coral renters and buyers face clearer cost edges than those tracking Tallahassee prices in the latest quarterly data.
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Cape Coral data shows monthly rental costs dipping below ownership expenses for median homes in several neighborhoods.
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Cape Coral renters facing expiring leases are grappling with tight inventory, rising rents, and tough choices about whether to renew, relocate, or buy.
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A 68 percent clearance rate at the most recent foreclosure and short-sale auctions points to selective buyer interest as median prices edge higher in key Cape Coral neighborhoods.
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