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Cape Coral Real Estate Information Cape Coral was founded in 1970 by two brothers who believed that the property's location on the Gulf Coast provided abundant sunshine and almost endless opportunities for waterfront living. At 114 square miles, Cape Coral is the second largest city in area in the state of Florida. The city was designed to be a “water wonderland” that is strategically located between Tampa and Miami. Attractions of the city includes Sun Splash Waterpark and the Children's Science Center. The Cape is a widely renowned place to live and is a vibrant and youthful city, where businesses thrive, and life is rich with educational, cultural and recreational opportunities. Cape Coral is one of the fastest growing cities in Florida. The city features thousands of waterfront residential properties on canals, including many with direct, saltwater access to the Gulf of Mexico and Charlotte Harbor. After developing the land, the founding brothers easily sold nearly all of the 350,000 residential building sites, the majority to people who lived in other states. Today, development remains active as the supply and affordability of these waterfront sites makes Cape Coral one of the most attractive communities on the Gulf Coast.
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