Cape Coral Waterfront Homes Sell For a Premium

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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 YTDAvg. Selling PriceAvg. $/SF
Off-water single-family homes1,603$112,947$66
Freshwater single-family homes218$180,104$86
Gulf access single-family homes520$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.

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