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Cape Coral

Cape Coral history began in 1957 when two brothers from Baltimore, Maryland, Leonard and Jack Rosen, flew over the peninsula known as Redfish Point, across the Caloosahatchee River near present-day Fort Myers. Cape Coral was founded as Redfish Point. Leonard and Jack Rosen, who were real-estate developers, purchased a 103-square-mile (270 km2) tract known as Redfish Point for $678,000 in that year and, in 1958, began development of the city as a master-planned, pre-planned community.

The Gulf American Land Corporation (GALC), was formed to develop the area. Canals were dug, streets paved, houses and businesses built. Cape Coral was promoted like no other Florida development. Celebrities were brought in to tout the benefits of “the Cape”, as it is known locally. The first building in Cape Coral, even before any houses were constructed, was the Rosen’s sales office. It was built right on the spot where George’s Auto now stands, at Cape Coral and Coronado Pkwys. Cape Coral’s first permanent resident was Kenny Schwartz, the Rosens’ general manager. Cape Coral’s first four homes were completed in May 1958, on Riverside and Flamingo Drives.

Development continued through the early 1960s, mostly on Redfish Point, south of Cape Coral Parkway. By 1963, the population was 2,850; 1,300 buildings had been finished or were under construction; 80 mi (130 km) of road had been built, and 160 mi (260 km) of canals had been dug. The public yacht club, a golf course, medical clinic and shopping center were up and running. A major addition for Cape Coral was the construction of the 3,400 feet (1,000 m) long Cape Coral Bridge across the Caloosahatchee River, which opened in early 1964. Before the bridge, a trip to Fort Myers was more than 20 mi (32 km) via Del Prado Boulevard and over the Edison Bridge to cross the river.

The city incorporated in August 1970, and its population continued to grow rapidly until the real estate slowdown that gripped the region beginning in 2008. In 2016 Forbes Magazine named the City of Cape Coral as # 9 of the 25 “Best Places To Retire In 2016”. In 2017 Forbes also named Cape Coral #1 out of 25 in “America’s Fastest Growing Cities of 2017”.

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Jenna Scharf

Geography and Climate

According to the United States Census Bureau, the city has a total area of 120 square miles (310.8 km2), of which 110.09 square miles (285.1 km2) is land and 9.91 square miles (25.7 km2) (9%) is water.  Cape Coral is a large peninsula and is bordered in the south and east by the Caloosahatchee River and in the west by Matlacha Pass. The city of Fort Myers lies across the Caloosahatchee River to the east, and Matlacha and Pine Island lie across Matlacha Pass to the west. Matlacha Pass is home to Matlacha Pass National Wildlife Refuge and the state’s Matlacha Pass Aquatic Preserve.

Cape Coral features a tropical savanna climate (Aw) under the Köppen climate classification system. The area averages 355 days of sunshine each year, but experiences precipitation on 145 days per year. While the summers are very warm, humid and rainy, the winters in Cape Coral are dry with moderate temperatures. Cape Coral receives about 56 inches of rain each year, the majority of which falls from June to September. During the summer months, afternoon rains are heavy yet brief. The city is affected by the annual hurricane season, which begins officially on June 1 and continues through November.

[Original Source: Wikipedia – https://en.wikipedia.org/wiki/Cape_Coral,_Florida]

If you are interested in purchasing a property in Cape Coral then I would love to hear from you. I have sold many homes in this wonderful city and am very familiar with all of the nuances that you should take into consideration before making your offer.

I look forward to hearing from you!

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