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:

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

AddressTypeSq FtClass 
6040 Pompano St Single Family 2,854 C
6026 Pompano St Single Family 2,984 B
6044 Pompano St Single Family 1,477 B
9509 My Way Ln Single Family 3,599 B
6039 Pompano St Single Family 2,411 B
6031 Pompano St Single Family 2,493 B
503 Edinburgh Dr Single Family 4,246 B
6050 Pompano St Single Family 1,819 C
9515 My Way Ln Single Family 3,592 B
6047 Pompano St Single Family 1,771 C
6056/6058 Pompano St Multi-family - less than 10 units 2,132 C
4289 Island Cir Condominium 1,200 C
12670 Mcgregor Blvd Store, one story 10,150 B
522 Edinburgh Dr Single Family 2,912 C
4293 Island Cir Condominium 1,360 C
4291 Island Cir Condominium 1,200 C
4280 Island Cir Condominium 1,250 C
4283 Island Cir Condominium 1,496 C
528 Edinburgh Dr Single Family 2,295 C
6057 Pompano St Single Family 4,108 B
12680 Mcgregor Blvd Store, one story 4,412 B
508 Edinburgh Dr Single Family 2,193 C
4279 Island Cir Condominium 1,100 C
4278 Island Cir Condominium 1,722 C
9521 My Way Ln Multi-family - less than 10 units 2,562 B
4297 Island Cir Condominium 1,200 C
4295 Island Cir Condominium 1,200 C
12690 Mcgregor Blvd Supermarket 2,335 C
534 Edinburgh Dr Single Family 1,962 C
4274 Island Cir Condominium 1,342 C
4275 Island Cir Condominium 1,507 C
4276 Island Cir Condominium 1,172 C
4277 Island Cir Condominium 1,886 C
4299 Island Cir Condominium 1,393 C
506 Edinburgh Dr Single Family 3,507 C
4301 Island Cir Condominium 1,393 C
4270 Island Cir Condominium 1,342 C
4272 Island Cir Condominium 1,442 C
6062 Pompano St Single Family 1,236 C
12700 Mcgregor Blvd Auto sales, auto repair and storage or auto service shop 4,025 B
544 Edinburgh Dr Single Family 2,600 B
4303 Island Cir Condominium 1,360 C
4305 Island Cir Condominium 1,360 C
12640 Mcgregor Blvd Auto sales, auto repair and storage or auto service shop 3,559 B
6065 Pompano St Single Family 2,762 C
4269 Island Cir Condominium 1,684 C
4268 Island Cir Condominium 1,342 C
4307 Island Cir Condominium 904 C

Local Household Income

The median household income in this part of Florida is $58,623. The bottom 10% of the population earn less than $18,301 per year. The top 10% earn more than $164,289 per year. The top 1% earn more than $557,577 per year. Most renters earn between $28,680 (20th percentile) and $49,596 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,246 and $146,558.

The tax assessed value of this property places it in percentile 34 of all properties in this area. This suggests it would appeal to someone earning around $41,247 per year who should qualify for a mortgage between $82,494 and $103,118.

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 $897. Most renters earn between $2,390 and $4,133 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $676 (20th percentile) to $1,209 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 34 of all properties in this area. This corresponds to a rent of $786 per month and a monthly household income of $2,721 ($32,652 per year)

Nearby Companies

Clemens Automotive Services, Inc
12700 Mcgregor Blvd
The Petal Patch, LLC
12715-2 Mcgregor Blvd
C&J'S Fineness Trim "LLC"
9509 My Way Ln
Working Ladies Inc.
9509 My Way Ln
Jackson Business Solutions, LLC
14347 Edinburgh Moor Dr
Worship Dig, Inc.
14401 Edinburgh Moor Dr
Amg Lab LLC
14329 Edinburgh Moor Dr
Mongorianz Inc
12710 Mcgreggor Blvd
Gentle Dental Of Lee County, LLC
12691 Mcgregor Blvd #102
J. M. Todd, Inc.
12670 Mcgregor Blvd
Disclaimers and Disclosures

Public Records Data

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