TopWaterfrontDeals.com
SW Florida Real Estate
Dan Starowicz
and associates
239-603-6100
International 00-1-239-603-6100
Skype: dan.starowicz
Sand Castle Realty Group
885 SE 47th Ter. Ste A
Cape Coral, FL 33904
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Dan@TopWaterfrontDeals.com
Dan Starowicz & Associates, Sand Castle Realty, (239) 603-6100
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Cape Coral Sailboat Access Canals.
PAGE 2 of Cape Coral Waterfront Guide section
Next up is the best known section of Cape Coral, the Yacht Club. (Located in the SE corner of the city). This was the very first section of the city to be built, dating back to the late 1950’s. Here you will find the Yacht Club community park which includes a beach, pier, city pool, tennis courts, boat ramp, and of course, a marina.
In addition to all these amenities, all waterfront homes in the Yacht Club are a very short run to the river! And on top of that, many of these properties are direct sailboat access too! All this adds up to some of the most sought after land in the city. It should come as no surprise that the combination of older homes plus very valuable land has meant a good number of homes have been leveled to make way for massive new residences. Some of the new homes in this area are huge, especially on the riverfront sites.
If you want to invest in waterfront property for future appreciation, this area is a PRIME target. Vacant lots are from the $250’s on up. Old foreclosure homes (1960’s) can be found from $200k+ (yes, lower than vacant land!), very new homes will be roughly $550k on up. Note: the closer you get to the river itself, the pricier they get. Canal width also directly affects prices. Depths on canals vary from just under 4 foot (mean tide) to roughly 10 feet on the canals just off the river. There are 80 foot wide canals in-between most streets, but take note of the 200’ canal just off of the river. This huge canal can accommodate very large yachts and you’ll probably see a few parked here.
On the following map note that red indicates unrestricted sailboat access areas, while orange areas have bridges:
Above the Yacht Club the river takes a turn to the North. The next Northernmost neighborhood we find is the Orchid Blvd area. This is a small neighborhood, with very wide canals which makes property here quite valuable! Due to it’s small size, there’s a limited # of homes for sale here (a fair % is condos just off Del Prado, but as you go further East to the river it is predominantly single family homes). This area is all sailboat access and is a very short drive over to Fort Myers too.
Next is Beach Pkwy. This is a very well kept area of condos (very few single family homes here). At the end of the street is a great riverfront park: Jaycee Park. Again, this location is sailboat access and a short drive over to Fort Myers. A good choice for those wanting condos with boat slips with wide water views. Many of the canals are over 200 feet wide so the water views are quite impressive! Note that a fair percentage of condos here are 55+ age restricted.
Slightly further North is the Savona area. This is an area of sailboat access homes, ranging in age from the 1960’s to new construction. Most are well maintained in this area. Again, the closer to the river, the nicer the homes typically. There are a good number of oversized canals in this area, with the 200’ wide ones on the edges of this section being highly desirable and priced accordingly. Prices start at about $300k for old homes, $500k for newer properties.
continued on the next page >>
Maps/ Aerial Images Courtesy Google Maps, Microsoft Live, Yahoo Maps, and/or LeePa
Dan Starowicz Sand Castle Realty Group, Inc. 885 SW 47th Ter. Suite A, Cape Coral, FL 33904 239-603-6100
LeeHouses.com and TopWaterfrontDeals.com by Dan Starowicz. (C) 2010