Cape Coral was founded in 1957 by Leonard and Jack Rosen. Cape Coral has over 400 miles of canals making it the city with the most canals on earth. Cape Coral is the fifth fastest growing city in the country and Southwest Florida’s second largest city. The first building in Cape Coral was the Rosen’s company headquarters at the corner of Coronado and Cape Coral Parkway. This city was promoted like no other development in Florida. The first homes in Cape Coral were completed in 1958 on Riverside and Flamingo Drives.
Cape Coral has long been known as a boater’s and fisherman’s paradise. Surrounding the Cape Coral Yacht Club at Redfish Point is the original heart of the City. Here you’ll find a sand beach on the Caloosahatchee River, a city park, and public boat launch. Near by the Antiqua, Bimini and Rubicon Canals are where you’ll find homes fronting the River where true sailboat water access is available.
Development in Cape Coral continued through the early 1960s, the city incorporated in August 1970, and its population continued to grow rapidly. Cape Coral is home to more than 138,000 residents, 4,000 businesses and the growth continues. It’s economy based largely in the housing market, Cape Coral ranked among the top growth areas in the country for several years. Now with the significant over-supply of homes at a faction of their former value, Cape Coral is attracting many real estate investors. Nearly everywhere in the Cape Coral real estate market you will find some form of new development in progress.
With all the real estate development going on in Cape Coral you will find award winning restaurants, canals, parks, sidewalks, bike trails, boat ramps, schools and shopping. So, no matter what type of lifestyle and residence you are looking for, from a second home or condo, to new family starters or that special elegant estate, the Cape Coral real estate market has it all and much more!