Budget Billets: Gulf of Mexico Second Homes Easy on the Budget in Cape Coral

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Cape CoralEditor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

Last week, we looked at the 40th city on the list — Scottsdale, Arizona. This week, we look at Cape Coral, and found lots of incredible inventory for as low as the $150,000s to the millions.

There is something for every budget, it seems.

“Although there will be some rebuilding to do in this city after Hurricane Irma, Cape Coral is a lovely town worthy of your consideration,” Moneywise said. “Cape Coral is located on the west coast of the peninsula and is known for its low crime rate, excellent restaurants, and perpetually sunny Florida weather!”

“The cost of living in Cape Coral is relatively low when compared to the cost of living in Miami or Fort Lauderdale,” the story added.

The city offers much in the way of amenities (as do many of the planned communities), including golf, splash grounds, art studios, and more. But with more than 400 miles of canals, you can bet that boating, fishing, and other water activities take center stage.

Check out the homes we found in the $200,000 to $600,000 range in Cape Coral, Florida, at SecondShelters.com.

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Bethany Erickson lives in a 1961 Fox and Jacobs home with her husband, a second-grader, and Conrad Bain the dog. If she won the lottery, she'd by an E. Faye Jones home.
She's taken home a few awards for her writing, including a Gold award for Best Series at the 2018 National Association of Real Estate Editors journalism awards, a 2018 Hugh Aynesworth Award for Editorial Opinion from the Dallas Press Club, and a 2019 award from NAREE for a piece linking Medicaid expansion with housing insecurity.
She is a member of the Online News Association, the Education Writers Association, the International Academy of Digital Arts and Sciences, and the Society of Professional Journalists.
She doesn't like lima beans or the word moist.

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