Buying a Bank Owned waterfront foreclosures in Cape Coral Florida in 2010 will be one of the best buys in the foreclosure market in all of Florida. Prices are down 60-65 percent from many years past. Gulf Access Waterfront and Waterfront Foreclosures can be a great investment but you have to know the boating aspects in regards to each location of the property your viewing in Cape Coral Florida.
Cape Coral Florida has over 300 miles of Gulf access waterfront property. Each location can be very different in regards to your boating pleasure. Location and boating distances to the gulf may not be as important to you now, but they may come into play down the road when you might be thinking about selling! Now it is a Buyers Market, it is also the time to shop for the "Best Location" and "Amenities" on a waterfront home or a gulf access lot, while the selection is great ! Here are some key things to keep in mind.
Here are some great questions to ask yourself as you view each property !
1 What is the water level on the canal at low tide?
2 How long of boat ride to the river? Gulf access?
3 Are there any boat lifts, locks or a bridge that I would have to travel thru?
4- What is the bridge height at high tide? At low tide?
5- Condition of the sea wall? The dock? Active dock permit? Restrictions?
6- Is the property on a main canal for boat traffic? What is access to a main canal?
7- Fresh water home? Then what is the water level? How far can I travel in a boat?
8- It's all about the View ! Can I buy interesting canal location, better water view for the same money?
9- Where can I see water from what rooms in the house ? Again it's all about the View !
10- What are the fishing possibly from my own dock? Yes, some locations are better!
11- How big of boat will fit on the lift? What is the weight limits on the boat lift?
Before you buy a waterfront property in Cape Coral Florida, I strongly suggest you work with a Realtor that knows Cape Coral Florida on and off the water ! Waterfront homes in Cape Coral Florida can be a great investment you will have for many years to come. It's important you do your home work and someone help you with all the little details so your boating pleasure will be as much or even more fun then the time you enjoy in your new waterfront home in Florida !
I look forward to working with you !
Joe Kendall, Realtor Sandals Realty
Waterfront & Foreclosure Specialist
Phone 239-560-0726 Fax 239-236-0422
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Joe Kendall, Broker Associate with Sandals Realty
Waterfront, Foreclosure and Bank Short Sale Specialist !
Phone 239-560-0726 email joek4realestate@aol.com
Great photo. It looks as though you have a really beautiful area. The prices appear to be excellent. Can't imgine that you will have a hard time selling your properties
Joe...nice post and lots of information I would not have thought of. Hope you have a great weekend!
Joe & The Honeycutt Team,
Thanks for reading and commenting on my post !