With over 400 miles of canals, Cape Coral has a significant amount of water front real estate. From riverfront estate homes to condos on gulf access canals and modest single-family homes on freshwater lakes, Cape Coral has a waterfront home for nearly every lifestyle or budget.
One of the questions that we often get asked is “how much of a premium does Cape Coral waterfront property sell for?” To most accurately answer this question, I decided to pull the the year-to-date sales numbers for off-water, freshwater and gulf access single-family homes in Cape Coral. Here are the details:
|Homes Sold YTD||Avg. Selling Price||Avg. $/SF|
|Off-water single-family homes||1,603||$112,947||$66|
|Freshwater single-family homes||218||$180,104||$86|
|Gulf access single-family homes||520||$375,305||$175|
The bottom line is that freshwater homes sell on average for a 30% premium to off-water homes and gulf access homes sell for a 265% premium to off-water homes in Cape Coral.
If you are interested in learning more about Cape Coral waterfront real estate options, here is a resource to explore Cape Coral waterfront real estate options.