Cape Coral Real Estate Information, Lee County Real Estate – Florida

This is the eleventh installment of Top 12 Reasons to Retire in Cape Coral, Florida which can also be downloaded from our free eBook library.

Another great reason to retire in Florida (especially Cape Coral) is because it’s one of a few low tax states!

States with no income tax

In 2010, the average Cape Coral resident paid about $1,436 in property taxes. They also enjoyed paying no state income tax since Florida is one of 7 states that do not tax individual incomes.

A 6% sales tax, which ends up including many tourist dollars, helps to offset the lack of a state income tax.

Fortunately, Florida residents also avoid any inheritance or estate taxes. Taken as a whole, the local and state tax burden is very low in Florida.

In fact, The Tax Foundation estimates that Florida ranks 47 (out of 50), making it one of the lowest taxed states in the entire country. Furthermore, Florida’s successful Save Our Homes law has attracted thousands of people from other states.

Basically, the law limits the increase in a home’s assessed value to 3% a year. That means, even if property values are rising quickly, your tax burden won’t! When did this law take effect?

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This is the tenth installment of Top 12 Reasons to Retire in Cape Coral, Florida which can also be downloaded from our free eBook library.

Cape Coral Median Sales Price For Homes: $98,500 (From 9/11 – 11/11)
 Home prices in Cape Coral have fallen more than 60% since peaking in 2006, making it an attractive bargain for retirees.

As of 2009, over 70% of the homes in the Cape are owner-occupied. There are 434 homes or condos per square mile, meaning that Cape Coral enjoys a low population density. Averaged together, most homes and condos in the Cape were built around 1993. Some are older, but there are also newer or renovated units. Cape Coral itself was only developed in the 1960’s, and didn’t hit it’s boom until the mid-90’s, so most homes on the market are relatively new.

Cape Coral is divided into 4 quadrants:

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This is the ninth installment of Top 12 Reasons to Retire in Cape Coral, Florida which can also be downloaded from our free eBook library.

If you are a sports fan, and thinking of buying real estate in Cape Coral, then you’re off to a great start. Cape Coral is ideal for sports lovers – with its close proximity to the spring training stadiums for the Minnesota Twins and Boston Red Sox. Learn more…

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This is the eighth installment of Top 12 Reasons to Retire in Cape Coral, Florida which can also be downloaded from our free eBook library.

Cape Coral has over 100,000 residents, and they must be hungry, because the Cape also has over 1,000 restaurants! You can eat almost any type of food in Cape Coral, at a variety of price points. These are some that are popular with Cape Coral residents as well as people from all of Lee County.

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This is the fifth installment of Top 12 Reasons to Retire in Cape Coral, Florida which can also be downloaded from our free eBook library.

Between its sandy beaches and natural preserves, Southwest Florida has many attractions. But, for die hard golfers, the best attractions in the area are the golf courses!

With over 100 golf courses already being enjoyed by golfers – and many more to come – the Southwest Florida area is a golfer’s paradise. Why is that?

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This is the fourth installment of Top 12 Reasons to Retire in Cape Coral, Florida which can also be downloaded from our free eBook library.

If you read our last tip, you know that Cape Coral has access to some of the most amazing beaches in Florida. But, the nature in Cape Coral is not limited to the beach. If you love the outdoors, Cape Coral has an abundance of activities for nature lovers of every kind. The city is home to several parks, including Saratoga Lake Park, Horton Park, Four Freedoms Park and more….

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