The Gold Coast area of Cape Coral offers residents direct sailboat access to the Gulf of Mexico and the Intracoastal Waterway. Boating enthusiasts find the Gold Coast neighborhoods feature terrific values for affordable homes in southeast Cape Coral’ s most highly desirable location.
Palaco Grande is a waterfront residential community in Cape Coral with direct sailboat access to the Gulf of Mexico. It’s a dream for people who desire waterfront living. In this established boating waterfront neighborhood, 90 percent of the homes are on the water enjoying all Gulf access via 20 neighborhood canals.
While sailboat access in Naples means spending $22M on a Port Royal estate……sailors looking to park their boat out back can comfortably score a home in Cape Coral for under $300,000. Currently, there are even a couple of sailboat access homes still left in the Cape for under $200,000.
Sailors relish the idea of docking their boat on a lift behind their home…..no fighting traffic to get to the marina……no waiting for the launch to the mooring……no incredibly expensive per foot charges for dockage. While sailboat access homes are out of reach financially in many parts of Florida, Cape Coral is the outlier with truly affordable sailboat access real estate.
The highest priced home to sell in Cape Coral in 2011 was a riverfront home located on Riverside Drive in the Yacht Club section of the Cape. This 10,500 Sq. Ft. home sold for $2,900,000. In 2011, there were 12 residential home sales in the Cape over a $1m and all were single-family homes.