Cape Coral is one of Florida’s fastest-growing cities, fueled by strong population inflows and limited affordable new supply near the Gulf Coast. A vibrant waterfront city known for its 400 miles of canals, year-round sunshine, and laid-back coastal living, it also serves as an affordable bedroom community for much of Lee County’s workforce.
We like Cape Coral for its strong rental demand, consistent appreciation, and strong workforce housing profile. Cape Coral has a mixture of utility offerings from full city water/sewer/irrigation to well and septic areas. With well-acquired land, building in Cape Coral is still profitable.
Our recommendations in this area:
We are currently focused on building duplexes on well-priced duplex lots. We believe inventory needs to stabilize before new SFR investment is advisable.