Cape Coral offers some of the finest, most beautiful building sites in the country. There are waterfront parcels across from preserves that have gorgeous views not only of the water but all kinds of wildlife. You’ll see different species of birds, otters, dolphins, manatees and a variety of fish, depending on location.
Residential sites are in abundance in Cape Coral in many forms. There are standard building sites that usually are a quarter of an acre in size and measure 80 feet wide and 125 feet deep. Then there are water lots, Gulf Access goes out to the Gulf of Mexico and fresh water does not. Keep in mind that getting out to the Gulf will vary depending on location; it can range from 1or 2 minutes to over an hour. Getting out in a short time generally will increase the cost of the property. To build a home, Gulf Access waterfront lots will require a seawall if one is not already in place. For the serious boaters that have either a sailboat or a generally large tall vessel, the Cape does have a good inventory that are Direct Access with no bridges.
Also there are some on central water & sewer versus well & septic. There is a utility expansion program going on and it’s expected to have almost all properties south of Pine Island Road hooked up to central water & sewer by 2016, which is great progress for the city of Cape Coral. North of Pine Island road will take place over the coming years. Parcels that have the central utilities generally have higher value because of the upgraded services. Tied to the utility services are assessment balances and knowing if they’re present and how much they are, could be important when buying.
This is why it’s important to choose a knowledgeable realtor to help you with your purchase.
Financing vacant land was discontinued due to the recent recession but is now having a comeback.