Cape Coral is hard to beat as far as prices vs what you get.It will depend on quite a few factors. Do you intend to rent it after? If you are shooting for a gulf access home and be the clocest possible to the river and the Gulf of Mexico it would be SE below Veterans and on the right of Del Prado. and the Yacht Club Area way down South below Cape Coral Parkway and certain sections of SW way down South. Tough to get good ones under $225,000.
. If you want a home under $100K-$125K pool home on a dry lot I would suggest SE, and as mentioned with assessements paid, an older home in the Yach Club Area or SE. You can find homes with assessements paid in established areas for these prices but you have to look harder as they go fast. SW would be great for newer larger homes with pools built in 1995 and newer for ex., with over 1800 SF in good condition are around $135-$175K. SW homes are often further away from the river but the homes are most often newer. Some are just out of this world.
We also have older homes in the $60 to $85k range in the SE which are also well placed, around 1300-1500 SF. older, with mature gardens and often remodeled about 2-3 miles from downtown and that is good to.
I have helped many investors throughout the years and have had an extensive experience renovating homes so I can tell you objectively if this home or another is a good investment or not, and what are the better seasonal investments, better foreclosures and deals.
This is a loaded question as we have so many attractive areas and your price range will dictate your type of investment. You need to come down, take a break from Dayton Ohio and see for yourself. Its just a great city to invest in and live in.
You may search yourself on my site at http://lloydnswfloridahomes.listingbook.com
and feel free to contact me and discuss your plans.
Web Reference: http://lloydnswfloridahomes.listingbook.com