Answer: Cape Coral’s Gold Coast
Yes indeed, affordability has returned to the waterfront real estate market in Cape Coral.
Where else can you find a direct, sailboat access single-family home for under $250,000?
The Gold Coast of Cape Coral is the place!
The Gold Coast is located in Southeast Cape Coral between Del Prado Boulevard and the Caloosahatchee River and includes the neighborhoods of Palaco Grande, Savona, Beach Parkway and Cornwallis. The Cape Coral units that make up the Gold Coast includes unit 7, unit 11, unit 12, unit 19 and unit 20.
The Gold Coast housing stock is dominated by single-family homes in Palaco Grande, Savona and Cornwallis and condominiums along Beach Parkway. Currently, Gold Coast single-family homes start at $239,000 and condos at $89,000.