Bring your big boy pants full of money the prices are crazy over the last year. I was looking in cape Coral last month for a winter home. Everything sells in less than a week at full price plus. Loved the area as well.

Another cracker house meets the trac hoe.
This neighborhood was established in 1925.
There are still a few originals like this one left but are going down at a rate of 3 or 4 a year. This one was actually a very nice 2800 sq ft house but the lot was too awesome for the house. Last sold for 2.2, will probably be worth 2.5 minus the house in today’s market.
Check out the driveway coming all the way down to the sea wall. Most likely it was a private boat ramp back in the day when the city wasn’t regulating
https://cimg3.ibsrv.net/gimg/www.off...dac9f4e98.jpeg
every detail.
A couple homes along here have private launch ramps grandfathered in.
This one has no bridges so it’s a 5 min no wake zone then another couple minutes out big pass, prices start dropping with the bridges.

We have kicked the idea around of selling our place in Cape Coral. Having a primary home, and then one at LOTO and one in CC, along with the 6 boats that goes with the two places is just quite a bit to manage. We have a 1500 sq/ft original 3 bed/2 bath Florida home (low taxes) in the Yacht Club area just 4 minutes to the river downstream from the Boathouse. 5 years ago, we totally remodeled. Removed walls, added new cherry kitchen, stainless appliances, and quartz tops. All new trim, doors, and tile. New metal roof withstands the storms. New electrical load center and pex plumbing. Added a pool, lanai, and a LARGE dock with 2 lifts. We added a lawn sprinkler and paver parking along the house and into the back yard (trailers must be stored in the back yard). Last year I spent 20 g's replacing all of the underground sewer from the baths and kitchen all the way out to the street (real mess-every older CC house will need this at some point). Really, the only thing not done yet is a window upgrade. Awesome rental history when we are not there (I am 100% hands off, we use an awesome property manager). You are right in that a guy will need to have his big boy pants on to get it bought! We had originally thought about knocking it in the head and building new, but I HATE paying property taxes and a new house could have tripled them. Screw that! PM me your email address if you have real interest and I will shoot you some details.

Sorry about the derail of the thread!

Sounds a lot like what I did with my place, we must be close to each other, I’m on Malaluka Court, a few street over from the 4 way stop on Coronado. Love the area.

I'm fine renting for a while. I'm sure Biden will take all the prices back down. 🤪

That's exactly where we are. We have rented the same house for a couple weeks in January 3 yrs in a row and I'm ready to buy but I'll sit on the sidelines and wait for this craziness to end.

Be prepared to wait to 2 to 4 years according to the realtors here in MI. Waterfront homes aren't even making it to the MLS, before the bidding war starts on them.... Have a good friend that has been trying to buy a H2Ofront canal home for 2 years, and they get out -bid on every home.

I was kinda joking about Pine Island. We used to grow 400 ac of bell peppers down there in the winter, never saw it dip below 40*
Mostly palm tree farms, old hippies and fishermen but it may be the last frontier as far as waterfront.
https://cimg6.ibsrv.net/gimg/www.off...14bd0ff719.png

The difference between 2008 and today is large. Back then, the "bubble" was built on speculation and access to loans with no qualifying. People that had no right having houses owned several because it was easy, and with the prices going up, they always made money. Well........until the end. Today much of the upward price pressures are based on actual people moving to the state. The population growth over the next several years in Florida will be considerable, as places like New York suffer. Also, at least in my opinion, good real estate does not fluctuate like marginal real estate does. Good real estate is always defined by location. If you are a real boater, do you want to be 4 minutes "out", or 45 minutes "out" in a no wake canal? The 45 minute route will get you a nicer house for the same money, but in my world, that would suck. If you really want to save, but something totally off the water. They are cheap, but if the floor falls, it will fall hard as there are tens of thousands of them. Is today the right time to buy/sell? Who the hell knows! If you have the ability to and really desire it, why not?

Tango....
Ive heard Cape Coral does a good job keeping all those canals dredged out. A lot of Sarasota was built with a dredge but the city doesn’t do squat for residential. I’m on Hudson bayou and low tide can be an issue sometimes.