Paradise! Here’s Your Quick Southwest Florida Real Estate Overview
First, Where Exactly is “Southwest Florida”?
Southwest Florida at the most northern end is Port Charlotte. Going south along the coastline, primary cities are: Cape Coral, Fort Myers, Fort Myers Beach, Sanibel, Bonita Springs, Naples, and Punta Gorda. View a larger map of Southwest FL here.
Southwest Florida with unspoiled beaches, exotic wildlife and lush subtropical foliage is a combination of the sophistication of a pampered island resort with the relaxed style of Old Florida.
Getting to Southwest FL
Our area is served by the Southwest Florida International Airport in Fort Myers, with direct flights from Toronto, Munich, Minneapolis, Milwaukee, New York City, Memphis, Dusseldorf, Indianapolis, Washington DC, St. Louis, Cinncinati, Boston, Chicago, and many more major cities in North America and Europe. Alternatively, the international airports in Miami and Tampa are just a two hour drive.
Golf Every Day
According to the National Golf Foundation, Fort Myers ranks fifth in the nation for golfer-to-holes ratios. More than 975 holes perforate more than 60 golf courses throughout the county, 27 of which are open to the public. Get detailed information on Southwest FL Golf courses here. And read about Golf Course Community Types in Naples, Bonita Springs, Fort Myers, and Cape Coral.
Buyers Market
Those in Southwest Florida real estate are in a perfect position when it comes to cash in on the second-home market surge, when compared to other Florida areas. As value-conscious baby boomers join the bandwagon and look to purchase second-homes/vacation-homes, they will look to purchase in communities where they can enjoy affordable resort style living and get the most for their money.
For example, according to the US Census an average of 20,700 people move toSouthwest Florida - Lee County (Fort Myers, Cape Coral, Sanibel/Captiva) – annually. U.S. Housing Markets has ranked Fort Myers-Cape Coral as the number one housing market in a metropolitan area for two years running. The Fort Myers-Cape Coral MSA consistently ranks as one of the top 10 metro areas in this index.
Affordable Living
People buying Southwest Florida real estate find the composite cost of living is consistently at or below the U.S. average. (ACCRA Cost of Living Index, which measures relative price levels for consumer goods and services in participating areas). For example, New York’s composite score is 215.0, while Southwest Florida is 101.7. Chicago’s composite score is 131.1.
Water, Water, Everywhere
It’s well known that the closer a property is to water, the more valuable the property becomes. This is especially true if the weather, the shopping, and the related community services are superior as well.
In consideration of all factors including amenities, affordability, Gulf of Mexico access, and opportunity for growth and ppreciation, Southwest Florida real estate offers a solid opportunity for investment.
While all of Southwest Florida has many water options (beaches, rivers, lakes), Cape Coral is known for its miles of canals weaving through the residential communities. Most of those canals are routes to the Gulf of Mexico and the Caloosahatchee River. (Cape Coral has over 400 miles of canals, consisting of more inland waterways than Venice, Italy.)
Find out what the canals look like from the water by viewing our virtual Cape Coral canal cruise.
Punta Gorda is also know for its expansive canal system and beautiful views over Charlotte Harbor.
Perhaps the best tarpon fishing in all the world lies just north of Bokeelia (Pine Island), in Boca Grande Pass at Charlotte Harbor. Other popular game fish are snook, redfish, trout, grouper, snapper, cobia, sheepshead and many others. A fisherman’s paradise!
Quality of Life
Recreation and entertainment includes Gulf and freshwater fishing, boating, golf, tennis, parks, Twins and Boston Red Sox spring training, and more! The Barbara Mann theater has broadway caliber plays and productions and many other cultural arts abound. That the water and golf courses here are some of the best in the world is obvious. Read about Things to Do in Southwest Florida…
But other factors such as great health care systems, local shopping, government services, no state income tax… add up to a lifestyle choice that is hard to beat.
