Cape Coral Florida's Real Estate Guide

If the city of Cape Coral is attempting to attract an entirely new group of visitors and property owners
with the completion of the VA Hospital, they are certainly doing a great job. This ambitious marketing
strategy will not only attract sustainable business to the Cape area, but resident's ready to retire and
looking for a secure area that offers the best of everything, will certainly look to the Cape.

With the completion of the new VA Outpatient Clinic in the near future, the Cape is expected to draw
hundreds of thousands of veterans for the convenience factor alone. The new VA Clinic pretty much
seals the deal, making Cape Coral a true paradise in every aspect.

As if that isn't enough of a draw, renovations are also in the works to develop a military museum as well
as a veterans center in downtown Cape Coral. Also, headquarters for the Invest In America's Veterans
non-profit organization will be moved to the old Sweetbay building downtown.

With all of the changes geared towards our Veteran's, what else does the Cape have to offer? 

The Cape's Got it Going On...

A fisherman's paradise, with over 400 navigable miles of canals (more than anywhere else in the
world).

Access to the Gulf of Mexico, Sanibel Island, Captiva, and other vacation hot spots that can be
reached by boat or car.

A quickly recovering economy with a promising future.

A diverse and entertaining night life packed with plenty of culture. Cape Coral has theater,
monthly festivals, sunset cruises, a public beach, and more. You always be able to find
something to do in the Cape.

A thriving retirement community that is mixed with the perfect blend of young professionals,
families, and safe neighborhoods.

Top notch schools, adult education, and two nearby universities.

When you mix the features of Cape Coral with the fact that it has miles of available waterfront property
and now a new VA Outpatient Clinic, you've got a recipe for success.

If you aren't ready to retire, but looking for the ideal location for your new business, Cape Coral has that
as well. In addition to the available business locations, the city has planned a Veterans Investment Zone
which will create a business complex around the new VA Outpatient Clinic.

Ready For A Change?

If you are thinking about relocating to beautiful Cape Coral, please don't hesitate to contact our offices.
Our team of experts has been selling Lee County properties for the past decade and have a team of

educated, experienced buyers agents that are ready to make your move seamless. Our team members
live, work, and play right here in Cape Coral and have the inside information you need to find that
perfect property that you can call home.

Give us a call today and take advantage of this year's tax benefits. There are still plenty of Cape Coral
waterfront properties, golf course homes, condos, and business properties available at low prices. Now
is the time to purchase your piece of paradise!

TALLAHASSEE, Fla. (AP) - Nov. 23, 2010 - Florida will gain at least a million new jobs over the next seven years, which is 300,000 more than promised by Governor-elect Rick Scott without the tax cuts and other changes he's seeking, state economists predicted Monday.

While their long-term forecast remained rosy, the economists from the Legislature and Gov. Charlie Crist's office were gloomier about the immediate future than in July when they last updated their economic estimate.

They now are forecasting unemployment rates will remain at or near 11.8 percent and the housing market will stay depressed for longer than anticipated. That's expected to reduce state revenues, which may widen a $2.5 billion budget gap earlier predicted for the next budget year.

The outlook is much more optimistic beyond the next couple years. The state now has about 7.2 million jobs, but that's expected to increase to at least 7.7 million by the 2013-14 fiscal year and to nearly 8.3 million seven years from now in 2017-18.

The economists foresee a rebound to pre-recession prosperity, but it's going to take a bit longer.

"Our belief is that there is nothing that has changed about Florida, its attraction to other states and other countries and that we're slowly heading back to that same pace," said Amy Baker, coordinator of the Legislature's Office of Economic and Demographic Research. "Over the long run there's still significant growth in our forecast."

The job growth is expected to come from that economic rebound even if the state does nothing more to stimulate employment.

Scott, though, has proposed property and corporate income tax cuts, state budget reductions and the repeal of government regulations to reach his more modest 700,000-job goal.

A spokesman for the Republican governor-elect did not immediately respond to an e-mail seeking comment.

The economists' new forecast actually calls for slightly fewer jobs than the 8.32 million they had predicted in July for 2017-18.

They also said the unemployment rate will remain about 11.8 percent through the first quarter of 2011 before dropping to 11.6 percent. That's a quarter later than previously forecast. As before, they still expect the jobless rate to finally drop below 10 percent in the third quarter of 2012. It's expected to continue falling until it reaches 5.5 percent in 2019-20.

The state outlook is based on a national forecast the economists made last week except for the housing market, which is worse in Florida due in part to a high foreclosure rate that keeps dumping more homes on the market.

"We are flat out No. 1 in terms of the shadow inventory we need to get rid of," Baker said.

The state forecast will serve as the basis for a general revenue estimate due next month for use in Scott's first budget request to lawmakers early next year.

The revenue estimate doesn't include potential tax losses from the Gulf of Mexico oil spill. Baker said that won't be factored in until some time after Scott's Jan. 4 inauguration.
Copyright © 2010 The Associated Press, Bill Kaczor.

Cape Coral is a city in Lee County, Florida, United States. With over 400 miles (640 km) of navigable waterways, Cape Coral has more miles of canals than any other city on earth. According to estimates as of April 2008, the city had a population of 165,774,[2] making it the largest city in Southwest Florida. The population estimate for the Cape Coral-Fort Myers metropolitan area was more than 623,725 as of April 2008.

Geography

Cape Coral is located at 26°38′23″N 81°58′57″W / 26.639600°N 81.982471°W.

According to the United States Census Bureau, the city has a total area of 115.10 square miles (298.1 km2), making it the second largest city in Florida in terms of area. 105.19 square miles (272.4 km2) of it is land and 9.91 square miles (25.7 km2) of it (8.61%) is water.

Cape Coral is bordered on the south and east by the Caloosahatchee River and on the west by Matlacha Pass. The city of Fort Myers lies across the Caloosahatchee River to the south and east, and Matlacha and Pine Island lie across Matlacha Pass to the west.

Canals

Cape Coral Florida has over 400 miles (640 km) of canals, more than any other city in the world[6]. Cape Coral's canal system is so extensive that local ecology and tides have been affected.

Bridges

Cape Coral is connected to Fort Myers by two bridges. The Cape Coral Bridge connects Cape Coral Parkway to College Parkway in Fort Myers. The Midpoint Memorial Bridge connects Veterans Parkway to Colonial Boulevard.

Hancock Bridge Parkway, after intersecting Santa Barbara Boulevard, sweeps north to its approximate terminus on Pine Island Road, with the east end of Hancock Bridge Parkway terminating at U.S. Highway 41.

History

Over the course of a few years, beginning in 1958, canals were dug, homes and businesses built, and a city was born. Celebrities were brought in to tout the benefits of "the Cape," as it is known by the locals. The first building was a four-plex at the corner of Coronado and Cape Coral Parkway. This building was the Rosen's company headquarters and the temporary home of Cape Coral's first permanent resident, Kenny Schwartz, the Rosens' new general manager. Cape Coral's first four homes were completed in May 1958 on Riverside and Flamingo drives.[8]

Through the rest of the 1950s and early 1960s, development moved quickly, mostly on Redfish Point, south of Cape Coral Parkway. By 1963, the population was 2,850; 1,300 buildings had been finished or were under construction; 80 miles (130 km) of road had been built, and 160 miles (260 km) of canals had been dug. The yacht club, a golf course, medical clinic, and shopping center were up and running. A major addition for Cape Coral was the construction of the Cape Coral Bridge, which opened in early 1964. Before the bridge, a trip to Fort Myers was more than 20 miles (32 km), following the long haul up Del Prado, then over to the Edison Bridge to cross the river.

Since its inception Cape Coral had been known as a "sleepy" community with its large retirement population. This all changed with the population boom of the 1990s that brought with it young working class families. There is still a larger than normal retirement population. While the majority of the community still has to cross the river to Fort Myers for work and entertainment, this has improved in recent years with new stores, restaurants and nightclubs opening up. Today, Cape Coral offers a lively strip of restaurants and stores along Cape Coral Parkway, Del Prado Blvd. and Pine Island Road.
 
www.capecoralchamber.com (Chamber of Commerce)

http://capecoral.net/  ( Capecoral.net)
 
 http://www.lee.k12.fl.us/home.asp  ( Lee County School Board)
 
http://www.leeparks.org/ ( Lee County Parks and Rec)
 
http://www.activediner.com/all/restaurant/Cape-Coral/FL/US/region-4   ( Active Diner)
 
www.miraclebaseball.com ( Fort Myers Miracle)
 
http://www.floridaeverblades.com/ ( The Everblades)
 
http://www.fgcu.edu/  ( Florida Gulf Coast Unniversity)

This is a Short Sale subject to existing lender's approval which could result in delays. BANK APPROVED price FIRM, need cash buyer- Fiancing fell through on last buyer.. Bring Offers-This is a Short Sale subject to existing lender's approval . Needs to close by March 29 Beautiful Paul Luxury Home on intersecting Freshwater canal with a pool... priced lower than new construction cost! Motivated seller is taking a loss on this home to settle his accounts. Ten Year Builder's Warranty on the building. Tile Roof, Tile Floors, Soaring Ceilings and Columns. Seawall along the waterfront plus built-in dock. Beautiful pool and large lanai under truss and screened....begging for your first pool party. City water, irrigation and sewer lines just laid and the street re-paved. Built-in Generator Panel and a Heat Recovery System to produce lots of hot water from the air conditioning. A Lee County Electric Good Sense Home. Just off Santa Barbara, just south of Veterans Parkway....close to shopping..

The Best Realty Team has done it again!   Call Vickie Townes if you would like to sell your home fast!  We are not called " The Best Realty Team" for nothing!