Cape Coral is a coastal city located in Southwest Florida. It is known for its canals, beaches, and eco-friendly active lifestyle. Cape Coral is a great place to buy an Airbnb property because it is a central location to many beautiful beaches, it has a very active nightlife, and there are many family-friendly activities.
1. Location, Location, Location
One of the reasons why Cape Coral is one of the best locations in Florida to buy an Airbnb property is because of its location. Cape Coral is centrally located to many different beaches. Some of these beaches include Fort Myers Beach, Sanibel Island, Captiva Island, and more! This is important because it gives your guests many different options when they are planning their trip. They can choose to spend their days lounging on the beach or exploring all that Southwest Florida has to offer.
2. The Nightlife
Cape Coral has a very active nightlife. There are many bars and restaurants that are open late into the night. This is important because it gives your guests somewhere to go after they have spent a long day at the beach! Many people who visit Cape Coral enjoy going out to bars and restaurants, so having an Airbnb property centrally located in these places would be beneficial for you as an investor.
3. Family-Friendly Activities
Cape Coral also has many different family-friendly activities that your guests can enjoy. Some of these activities include visiting the Cape Coral Zoo, going on a sunset cruise, or exploring one of the many parks in the area. This is important because it shows that Cape Coral is a great place for families to visit! Many people who are looking for an Airbnb property want somewhere that their whole family can enjoy.
4. The Weather
The weather in Cape Coral is absolutely perfect! The average temperature in Cape Coral is 75 degrees Fahrenheit. This makes it a great place to visit all year round! Many people who live in cold climates love to come to Cape Coral to escape the winter weather. This makes Cape Coral a great place to invest in an Airbnb property!
5. It’s Affordable
Another reason why Cape Coral is one of the best locations in Florida to buy an Airbnb property is that it’s affordable! In July 2022, the median listing home price in Cape Coral, FL was $450K, trending up 30.4% year-over-year. We are actually building homes between $380k-500k at the moment. This is cheaper than other areas of Florida such as Miami or Orlando! But a trending location for sure where value is growing fast! This makes Cape Coral a great place for investors who are looking for an affordable place to buy an Airbnb property!