Find the best home deals for sale in Cape Coral, FL, right now on Foreclosure.com at drastically reduced prices. We currently have 12 of the best real estate bargains in Cape Coral, FL, in ”as-is, where-is" condition. These are discounted opportunities to buy a house in Cape Coral, FL for much less than current market value. As with any potential fixer upper in Cape Coral, FL you may (but not always) need to use some of the money you save at closing to make a few repairs and/or home renovations.
Cape Coral is a city located in Lee County, Florida, United States, on the Gulf of Mexico. Founded in 1957 and developed as a planned community, the city grew to a population of 154,305 by the year 2010. The city's population estimate was 165,831 for 2013 and 189,343 for 2018. With an area of 120 square miles (310 km2), Cape Coral is the largest city between Tampa and Miami. It is a principal city in the Cape Coral – Fort Myers, Florida Metropolitan Statistical Area. The population estimate for the statistical area was 679,513 for 2014. The city is known as a "Waterfront Wonderland"; with over 400 mi (640 km) of navigable waterways.
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 and a small group of partners, 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.
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