1229 Se 47th Ter, Cape Coral
Lee County Real Estate - Cape Coral
Cape Coral
Cape Coral is located in Lee County and borders the Gulf of Mexico. Cape Coral is the largest city between Miami and Tampa and has more miles of canals than any other city in the world. The main industries in Cape Coral include local government services, health care, retail, and real estate/ construction. The top employers for Cape Coral are Lee County School District, Cape Coral City Hall, Publix Supermarkets, Cape Coral Hospital, and Wal-Mart.
Cape Coral is in South West Florida. It's population as recorded in the 2010 Census was 154,305.
The median age for residents of Cape Coral is 42.4. Around 32.2% of Cape Coral households include school aged children and 30.6% of households include individuals aged 65 years or over. Census records indicate 88.1% of the Cape Coral population are White, 4.2% are Black or African American, .3% American Indian, 1.5% Asian and 2.3% are Two or more Races.
There are 78,948 housing units in Cape Coral. 18,181 (23%) of these were reported as vacant in the 2010 Census. Cape Coral is a tourist destination, 36.8% (6,706) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 19,368 residential rental units in Cape Coral. 16,693 of them were occupied in 2010 providing a residential rental vacancy rate of 12.9%.
Cape Coral links:
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Lee County
Lee County is located in the southwest Florida region, along with Collier and Charlotte counties. The communities in Lee County include Bonita Springs, Cape Coral, Fort Myers, Fort Myers Beach, Lehigh Acres, North Fort Myers, San Carlos Park, Sanibel/Captiva, and South Fort Myers. Incorporated communities are Cape Coral, Fort Myers, Fort Myers Beach, Bonita Springs, and Sanibel. The population of Lee County is in excess of 600,000.
Top industries currently providing employment are trade, transportation, and utilities; leisure and hospitality; education and health services; and professional and business services. Major private sector employers in Lee County are Publix Supermarkets, Wal-Mart, Chico's FAS Inc., Bonita Bay Group, and WCI Group. Top public sector employers are Lee County School District, Lee County Administration, Lee County Sheriff's Office, and the City of Cape Coral.
Historically, Lee County was best known for its agricultural industry and still heavily produces crops such as sweet corn, cucumbers, peppers and potatoes. Seafood is also produced in large quantities in Lee County. Annually, over five million pounds of fish and two million pounds of shellfish are harvested in Lee County. Today, however, the most dominant industries are tourism, construction, and other service related industries.
The most populous city in southwest Florida is Cape Coral, home to over 150,000. The U.S. Census Bureau estimated that the city grew by 10% from 2010-2013. The city lies on a peninsula surrounded by Charlotte Harbor, with the Caloosahatchee River on the city?s southern border. There are over 400 miles of inland navigable waterways within city limits, the most of any city in the world.
Located across the Caloosahatchee, the county seat of Fort Myers has a population over 60,000 people. The economic heart of Lee County, the city?s strength is in the services, including the healthcare and tourism industries. Just south of the city is Florida Gulf Coast University, Florida's newest public university. Additionally, Florida SouthWestern State College, formerly Edison State College, is located within city limits.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1303/1305 Se 47th Ter | Store, one story | 3,750 | B |
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| 1223 Se 47th Ter | Office building, non-professional service building, one story | 3,357 | B |
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| 1307 Se 47th Ter | Store, one story | 5,387 | C |
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| 1217 Se 47th Ter | Store, one story | 6,336 | B |
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| 1304 Se 47th St | Vacant Commercial | 0 | L | |
| 1308 Se 47th St | Club, lodge or union hall | 1,750 | B |
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| 1214 Se 47th St | Office building, non-professional service building, one story | 19,982 | B |
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| 1313 Se 47th Ter | Club, lodge or union hall | 5,950 | B |
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| Se 47th Ter | Government Undefined | 0 | L | |
| 1213 Se 47th Ter | Office building, non-professional service building, one story | 2,325 | B |
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| 1312 Se 47th St | Vacant Commercial | 0 | L | |
| 1316 Se 47th St | Vacant Commercial | 0 | L | |
| 1318/1320 Se 47th St | Office building, non-professional service building, one story | 3,000 | B |
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| 1325 Se 47th St | Office building, non-professional service building, one story | 1,230 | C |
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| 1321 Se 47th Ter | Financial institution (bank, saving and loan company, mortgage company, credit services) | 7,208 | B |
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| 4721 Vincennes Blvd | Restaurant, cafeteria | 3,299 | B |
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| 4715 Vincennes Blvd | Professional service building | 3,052 | B |
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| 1227 Se 47th St | Office building, non-professional service building, one story | 4,175 | B |
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| 1303 Se 47th St | Vacant Commercial | 0 | L | |
| 4711 Vincennes Blvd | Store, one story | 2,085 | B |
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| 1211 Se 47th St | Vacant Commercial | 0 | L | |
| 4705 Vincennes Blvd | Office building, non-professional service building, one story | 2,808 | B |
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| 1315 Se 47th St | Office building, non-professional service building, one story | 5,020 | B |
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| 1203 Cape Coral Pkwy E | Community Shopping Center | 67,096 | B |
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| 4725 Vincennes Blvd | Enclosed theater or auditorium | 12,782 | B |
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| 1336 Se 47th St | Office building, non-professional service building, one story | 16,039 | B |
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| 1335 Se 47th Ter | Vacant Commercial | 0 | L | |
| 1228 Se 46th Ln | Vacant Commercial | 0 | L | |
| 1321 Cape Coral Pkwy E | Store, one story | 3,064 | B |
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| 1224 Se 46th Ln | Restaurant, cafeteria | 3,450 | B |
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| 1222 Se 46th Ln | Vacant Commercial | 0 | L | |
| 1306 Se 46th Ln | Office building, non-professional service building, one story | 5,969 | B |
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| 1220 Se 46th Ln | Vacant Commercial | 0 | L | |
| 1216 Se 46th Ln | Vacant Commercial | 0 | L |
Local Household Income
The median household income in this part of Florida is $59,855. The bottom 10% of the population earn less than $19,088 per year. The top 10% earn more than $131,826 per year. The top 1% earn more than $411,391 per year. Most renters earn between $30,732 (20th percentile) and $45,420 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $119,710 and $149,638.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,033. Most renters earn between $2,561 and $3,785 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $850 (20th percentile) to $1,308 (80th percentile) range. The residential vacancy rate is 6%.
Nearby Companies
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1305 Cape Coral Pkwy E
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