Cape Coral, FL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Cape Coral short-term rental market based on reliable data.

Listings

7915 / 19963

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$32,586

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$338,328

Median Home Sale Price

Top Earners

$77,120

Top-Earners Revenue

Cape Coral

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cape Coral.

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B

Generally Investor friendly

Cape Coral Regulations

Cape Coral permits STRs citywide with a simple, one-time $35 registration and clear state licensing/tax steps; there are no caps or bans, though compliance includes moderate permitting, maintenance rules, and active enforcement.

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About Cape Coral

Cape Coral sits in Lee County on Florida's southwestern Gulf Coast, a sprawling city built around more than 400 miles of navigable canals that have earned it the nickname "Waterfront Wonderland." With a population of approximately 200,000, it ranks among the larger municipalities in Florida, though it feels distinctly suburban, with palm-lined residential streets, boating cul-de-sacs, and a relaxed, sun-and-water rhythm defining daily life. The city serves as a gateway to the barrier islands and nature preserves of the Lee Island Coast and lies directly across the Caloosahatchee River from Fort Myers. The larger metro areas of Tampa and Miami sit roughly 130 and 150 miles to the north and southeast, respectively.

A short drive west brings visitors to Sanibel Island, reached via the causeway from Fort Myers in roughly 30 to 40 minutes. Sanibel is celebrated for its shelling beaches, the J.N. "Ding" Darling National Wildlife Refuge, and a slow, bicycling-friendly village atmosphere that contrasts with the busier mainland.

On the opposite side of the city, the small fishing village of Matlacha and the larger Pine Island lie about 20 to 30 minutes northwest of Cape Coral. Pine Island is the largest island on Florida's Gulf Coast, and Matlacha in particular has a colorful, bohemian feel, with clapboard cottages converted into galleries, seafood shacks, and small studios that draw day-trippers seeking a quieter, more local experience than the beaches offer.

Closer to home, the Four Mile Cove Ecological Preserve protects a stretch of mangrove and salt marsh along Cape Coral's eastern edge. A paved walking trail, a raised boardwalk, and kayak launches let visitors explore the brackish wetlands and spot wading birds, all without leaving the city limits.

Together, Cape Coral's blend of canal-side residential charm, easy access to barrier-island beaches and wildlife refuges, and proximity to Fort Myers make it a flexible base for short-term rental guests. Travelers can spend mornings kayaking through mangroves, afternoons shelling on Sanibel, and evenings dining in a fresh-caught fish house, all within a short drive of their rental, a mix of convenience and variety that keeps the city appealing year-round.

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