Property Q&A in Cape Coral>Question Details

Charles Berg…, Home Buyer in Worcester, MA

What Cape Coral area specifically would be best to look in for a long term investment property?

Asked by Charles Bergeron, Worcester, MA Thu Feb 26, 2009

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This question is about this property: http://www.trulia.com/property/1074750449-2218-SW-14th-Ave-C…

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Cape Coral waterfront property has been popular with investors for many years. Historically, It has been among the lowest priced gulf-access property in Southwest Florida.

Specific areas of Cape Coral with gulf access include:

Yacht Club: http://www.greaterftmyers.com/yacht-club.php

Gold Coast: http://www.greaterftmyers.com/gold-coast.php

Eight Lakes: http://www.greaterftmyers.com/eight-lakes.php

Rose Garden: http://www.greaterftmyers.com/rose-garden.php

Rubicon Canal: http://www.greaterftmyers.com/rubicon-canal.php

Good Luck in your search!
0 votes Thank Flag Link Fri Feb 27, 2009
Hi, Charles,

Waterfront is always a good investment, as are properties in the desirable Yacht Club area. Homes with pools, of course. For listings of available properties, please feel free to drop me an email.

Regards,

Realtorlloydn@aol.com
LLoyd Nichols
Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog: http://localism.com/neighbor/lloydn
Active Rain Blog: http://activerain.com/lloydn
0 votes Thank Flag Link Fri Feb 27, 2009
Hello Mr. Bergeron, There is such a large supply of single family homes in this area that are being foreclosed on and/or are short sales. For the long term you need to be able to acheive positive rental income at some point. If the homes stay vacant too long the possiblity for mold issues become enormous. Therefore you might want to look at a unique investment possibility. One that can give you competitive tenant rental opportunity and positive cash flow. Please contact me about a water front multi unit rental property that is available now. Thank you for considering this area to invest in.
Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Best in Client Satisfaction 2006-2008"
By Gulfshore Life Magazine
Cell: 239-464-8620
Office: 239-274-6637 x 3030
http://www.argfl.com
sarahgarrett@argfl.com
http://www.homebuyersellerhelp.com
0 votes Thank Flag Link Thu Feb 26, 2009
Hi CHarles,
It is hard to say. It would depend what you would like to spend. It would also depend how you would like to use your investment; personal, annual rental or vacation rental. Each area of the Cape is unique with what it has to offer. Sorry my anwser is not more direct. Let me knwo what you are looking for and I would be happy to help.
Nancy

Nancy Doyle
239-209-2237
search Cape Coral mls http://www.nancyd.listingbook.com
0 votes Thank Flag Link Thu Feb 26, 2009
Charles, Real Estate Agents cannot steer you in one perticular area. However, for my money I would look into a Gulf access property with a pool in South West Cape Coral or North West CC. You would get a higher rental return with that type of investment. It does not necessarely have to be in SW Cape Coral. Bottom line would be to get a waterfront home and this also may be on fresh water.Depends your price range and what type of deals we have at this perticular time. You want to stand out and getting a home on a wide canal, possibly a foresclosure is one safer way to go.
For more information call me at 239-810-2980 or e-mail me at realtorlloydn@aol.com
and happy Hunting!

LLoyd Nichols
Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog: http://localism.com/neighbor/lloydn
Active Rain Blog: http://activerain.com/lloydn
Website: http://www.mlsouthwestfloridahomes.com
Search the MLS in Southwest Florida
0 votes Thank Flag Link Thu Feb 26, 2009
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