I am interested in a canal home in cape coral.

Asked by Dusty, Tucson, AZ Sat Aug 16, 2008

Which neighborhood is a good area. What other important info should I be looking at (i.e. sewer, water). I keep seeing water and sewer assessment. What are they?

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Terry McCarl…, Agent, Cape Coral, FL
Mon Dec 10, 2012
Are you looking for gulf access or freshwater? I have a wonderful property listed in SE Cape with assessments in and paid for on intersecting canals. Feel free to contact me for details.

Terry McCarley, Realtor®, CDPE
American Brokers Realty Group
email: leecountyrealtor@earthlink.net
phone: 239-707-4575
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AJ Ackerman, Agent, Cape Coral, FL
Sat Dec 1, 2012
Tip #11: Buying a home on the water

The beautiful thing about making a decision to live on Florida’s gulf coast is the number of bodies of water around that exist. Buying a home on the water in the Southwest Florida area can be one of the best investments you’ll ever make. With Fort Myers Beach, Vanderbilt Beach, Sanibel & Captiva Islands, the Caloosahatchee River, and manmade canals and lakes all within 40 miles of the central
Southwest Florida area, buying a home on the water was never so available.

Certain water bodies are more desirable than others. It is important to assess pricing in comparison to location. Cape Coral, for example, has many properties listed as waterfront or gulf access, yet it can take up to an hour to get to the gulf by boat in most cases. Wastewater runoff and leftover septic tanks from homes that have paid the water assessments are also things that make purchasing a home on a canal less than appealing.

Buying a home on the waterfront or canal in Cape Coral can run from $200,000 to $600,000 depending on the size of the home. Fort Myers real estate on the Caloosahatchee River can range from a few hundred thousand to a few million dollars, while beachfront property can go into the multimillions in places like Sanibel and Captiva. If a beachside mansion doesn’t quite fall into your budget, consider purchasing a beachside condominium or purchasing a home with quick and easy access to the beach.

The amazing thing about the Southwest Florida area is literally everywhere you go, you can access the water in no time at all. Inexpensive houses can be found in central locations with close access to amenities and minimal beach traffic. You’ll be laying on the beach, enjoying the Florida sun in no time.

Buying a home on the water (whether you are a first time home buyer or a seasoned property owner) can be slightly more complicated than purchasing a regular new or used home. Extra insurances must be secured for protection against floods and hurricanes. Ensure that your buyer’s representative knows the area and can educate you completely about the risks and rewards of purchasing a home on the water.

Contact us for the expertise you need in purchasing your waterfront home.
12 Tips to Buying Real Estate in Southwest Florida
Learn more by visiting http://www.AckermanSWFL.com or calling (239) 565-7867.
Copyright © 2010. AJ Ackerman & Associates. All Rights Reserved.
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Steve Geving, Agent, Fort Myers, FL
Wed Nov 21, 2012
The first thing you need to decide is if you want to live on a fresh water or Gulf access canal. The next criterias will be price, condition, age and size of home.

SE Cape Coral is usually on city sewer and water. The NW and NE are usually of well and septic. The SW is a combination. If city sewer and water has been delivered to the home, a bill was sent to the owner. The owner had the chocie of either paying the bill in full or putting the amount into his tax bill and paying it over years.

I personally believe that canal properties are most desirable and best long term investment. If you have any questions regarding the different areas, please call or email.

Steve Geving
Jones and Co Realty
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AJ Ackerman, Agent, Cape Coral, FL
Fri Nov 19, 2010
All of Cape Coral is A good Area!

Call me for a complete detail of your pros and cons. =)

Have a Great Day!

Web Reference:  http://ackermanswfl.com
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Tony Sessa, , Cape Coral, FL
Sun Aug 31, 2008
first lets start with a budget that will determine wether it be a fresh water canal or gulf access canal once we know that we can get you the answer tony
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Robin Speron…, , Cape Coral, FL
Wed Aug 27, 2008
My name is Robin Speronis and I am the Broker/Owner of Zen Real Estate, http://www.AskZenRealEstate.com. You want to start your search with a Listingbook account that allows to search the MLS like an agent, and will give you a lot of information about Cape Coral that you can't find anywhere else.

You can sign up for a free Listing account at http://www.AskZenRealEstate.com.
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Neil G. Blai…, , Fort Myers, FL
Wed Aug 27, 2008
Hello Dusty, there are several important factors to keep in consideration when buying a canal home. First of all ask yourself "do I want it for boating or for views?" the answer to this question can affect how much you spend for two reasons. If your answer was for boating then you might want to look at canals with gulf access, and again costs for these will vary depending on the type of access you require. For instance, a 28ft sailboat isn't going to be a lot of fun if you have multiple bridges to maneuver, so you would want to find something labeled sailboat access. Also bear in mind Cape Coral has 499 miles of canals and some of them go nowhere.

Southeast Cape Coral has some of the best gulf access, but also is the slightly more mature part of the city. Many neighborhoods were established 20-30 years ago and are currently experiencing their turn at redevelopment.

The Southwest part of the city has many of the newer homes and is still growing, areas around Cape Harbour, Tarpon Pointe Marina, and Surfside Blvd provide some elegant homes.

The Northwest section ( staying west of Burnt Store Rd) provides some of the newer homes as well. In addition the boat lift that limited access for so many years is in the process of being removed.This will really help in opening the Northwest up.

The answer to your question regarding assessments is that the purpose of the assessments is that Cape Coral in undergoing a long term utility expansion. Water and sewer lines are being run to areas not yet serviced. The assessments will vary depending on your area of choice, and your payments may be paid as a one time shot or they may be amortized over a period of time. Some existing homes may have already paid off the assessments, while others may not even see them begin until 2011. The city of Cape Coral website CapeCoral.net is an excellent resource for researching this further.

As far as finding a home any agent can show you any home, but it all comes down to finding one who will listen to your needs and will go and exceed them. Please visit http://www.Moneytrein.com and use our home search that allows you to set the parameters to exactly what you want.

Contact me with questions and the best time to get started.

Neil G. Blair-Bennett
Alliance Realty Group
(239) 645-3798 Direct Line
Web Reference:  http://www.moneytrein.com
0 votes
Carolyn Gian…, , Cape Coral, FL
Mon Aug 18, 2008
Good Morning Dusty-
I may be a little late in answering your question but I was out boating and fishing all weekend!.
If you want to have central water and sewer, Southeast or Southwest Cape is the place to be.
Southeast has had that for YEARS so most assessments have been paid. (you can spread out the payments for 15 years). Parts of the Southwest just recently got central water/sewer so many are still paying for it. The assessment goes with the property when it is sold.
Other areas north might not get it for a long time as there are many people fighting the expansion.
Cape Coral has a great website where you can find out a ton of info -- http://www.capecoral.net.
Go to the drop down ment of GOVERNMENT, then PUBLIC WORKS, then UTILITIES EXPANSION.
Good luck in your search.
Carolyn Giandonato
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Mark Washburn, Agent, Cape Coral, FL
Sat Aug 16, 2008
Here are some good neighborhoods with gulf access homes to look in:




Please take a look and let us know if anything looks interesting
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Michael R Ke…, , Cape Coral, FL
Sat Aug 16, 2008
Hey Dusty, We recently had a 2005 built REO that had 2100 sq. Ft. with a pool for $275,900 in the SW cape on a gulf access canal. We are starting to see these! They will not last long! If you are serious give me a call and I will find what you are looking for! I have been in the Cape for 8 years, I live and work here! Have a great day!
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Kate Painkin, Agent, Cape Coral, FL
Sat Aug 16, 2008
Now is definitely the time to buy, prices are very reasonable. When you say you're interested in a canal home, do you mean salt water (what we call Gulf Access) or fresh water? Gulf access means you will be able to get to the Gulf of Mexico. As Jesse said, the assessments have to do with city water/sewer. There are beautiful, newer gulf access homes in the northwest but the homes are still on well & septic. Some of these areas aren't scheduled for city water/sewer until 2011 or later.

Fresh water canals are great for bass fishing and many lead to beautiful freshwater lakes. Cape Coral is a boater's paradise. We love living here!

Give me a call or email with further details about what you are looking for and I can set you up with an account that will allow you to search the MLS. I'd be happy to answer any questions you may have.

Kate Painkin
Prudential Florida Realty
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Marc Comisar, Agent, Bonita Springs, FL
Sat Aug 16, 2008
I would focus on the Southwest Cape or Southeast Cape areas. The Southwest area has some newer homes. The assessments are for homes built in areas without city water and city sewer. Eventually the city will put these in and thus the homeowner of benefit will be assessed. Feel free to give me a call.
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