Serge.... Cape Coral is the peninsula that hangs out in the water, west of FT. Myers. (West coast) About an hour north of Naples. I think it is a good investment. You can't find anything affordable on water any further south anymore. Area wise, it is the second largest city in Florida. It has over 400 miles of waterways. (Some salt that goes to the bay & some fresh that just goes from inland canal to other canals or lakes.) I would say that the area is only 1/2 developed. Yet, they have 4 lane roads all over the city - even in the undevleloped areas. Building like crazy. I am in the SE area that was developed 15 years ago; so I am within 2 miles of all the stores and services, with a 120 ft. canal - less than 50 ft. from my back door. I love the house...... have never seen anything like it......quite unique. Found out that that it was originally built by an architect.
I may post some pics later.......
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