LOCATION! LOCATION! The closer to the mouth of the Caloosahatchee River or the closer to the Gulf of Mexico - the higher the values.
The majority of waterfront properties available are on canals in Cape Coral. There are also canal homes in Fort Myers, North Fort Myers, Fort Myers Beach, Sanibel, Bonita Springs, and Naples; but Cape Coral has over 400 miles of canals.
Cape Coral has both FRESHWATER canals (ones that do not lead to the river) and GULF access canals (ones that DO go to river). In addition, you will see phrases like “Sailboat access”, “direct access” or “no bridge”. These properties are usually closer to river; without any fixed bridges to go under. Necessary for boats taller than 12’ off the water. Prices are higher because there are fewer properties like this.
Canals range from 80’ wide (most are 80’) to 200’ wide and take boaters to the Caloosahatchee River first, and then the Gulf of Mexico. Properties on intersecting or wide canals are premium because the water view is more panoramic. All canals are “no wake” zones so a trip to the river could take 5 minutes, 20 minutes or an hour or more.
Much of the Caloosahatchee River out to the Gulf of Mexico is minimum wake or slow-speed 25m.p.h. zones (manatee zones) so being far up river can add travel time to the Gulf of Mexico. Consult a map for mileage.
Direct beachfront properties on the Gulf of Mexico are primarily condominimums: low-rises on Sanibel and Captiva and high-rises on Fort Myers Beach, Bonita Springs, and Naples.
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