New Construction Florida - Cape Coral, Fort Myers
Building permits for new construction properties in Cape Coral, Southwest Florida on the rise
The new construction of an exclusive Florida property according to individual specifications in Cape Coral or Fort Myers by established construction companies is increasingly moving into the focus of interested buyers and investors. The new construction of a luxurious vacation home in the internationally renowned vacation destination of Cape Coral/Fort Myers with its 400 miles of waterways is increasingly becoming an alternative, as the supply of high-quality existing properties in waterfront locations (with boating access to the Gulf of Mexico) is now drastically declining. We will build your new home in Sunshine State with experienced construction companies.
The increasing number of building permits in Cape Coral and Fort Myers is clear proof of this development. In good locations in Cape Coral, the average price of waterfront properties is now around $500,000 and lot prices in these sought-after locations are also rising while the supply of vacant land declines.
Cost of an exclusive new home in Cape Coral and Fort Myers
The new construction of a home in Cape Coral in solid construction with 3 bedrooms and 2 bathrooms and double garage costs from about $360,000 upwards, plus the cost for the pool and, for a waterfront location, the cost for the dock with boat lift. The construction period from the start to the move-in date is approx. six months from the day the building permit for your home in Florida is obtained.
A piece of land in a good location with boating access to the Gulf of Mexico requires an investment of approximately $200,000 or more in Cape Coral. In average locations in Cape Coral, the prices of waterfront properties range from $120,000 to $150,000, and the prices for of off water lots range from $30,000 to $90,000 (depending on the location).
In total you have to invest about $600,000 for the new construction of an upscale 3-bedroom vacation home in Cape Coral with waterfront incl. lot in a good location, pool, boat dock and boat lift - see the villa "Mayflower" in our vacation home portfolio below. The weekly rental price for a newly built vacation home on the water with 3 bedrooms in Cape Coral is about $1,400.
Virtual Tour of Villa Mayflower: https://fusion.realtourvision.com/idx/109501#
For a newly built single family home in a good location with 3 bedrooms, pool including land but off water, you have to estimate about $450,000. The weekly rental price for a new 3 bedroom off water vacation home in Cape Coral is approximately $1,000.
Virtual Tour of Villa Coral Cay: https://fusion.realtourvision.com/idx/490156
New construction of a waterfront home in Florida with boating access to the Gulf of Mexico is therefore a clear option in view of the current price developments in the existing property market, if you have an investment budget of $500,000 to $600,000. The location of the new home in Cape Coral is focused on sites in good locations with boating access to the Gulf of Mexico. Cape Coral has approximately 140,000 building sites, with only approximately 15,000 of them offering access to the Gulf of Mexico. From an investment perspective, these properties are therefore the primary target of an investor, since these properties cannot be multiplied indefinitely.
The new construction of a Florida property enables you to implement your personal ideas without compromise and to choose an individual location. If you want to resell your property in a few years, you sell a relatively new house and not an existing property that is already 15 or 20 years old. The only exception: You buy an existing property in an absolutely prime location where new construction including land could never be realized at the same price.
As a waterfront real estate specialist and licensed US broker, we have access to all properties currently listed for sale and can find you the optimal piece of land according to your budget. After the purchase of the property, we discuss with you and the general contractor in the pre-planning phase exactly what your individual wishes are.
Subsequently, the necessary plans for the building permit of your new home in Florida are provided. Of course you will receive a fixed price offer from the general contractor for your dream home in the Sunshine State with all costs and corresponding guarantee.
On request, we provide you with additional on-site construction supervision of your new building and inform you regularly about the construction progress of the each individual phase of your project in Florida until the final acceptance (C.O. = certificate of occupancy) from the responsible authorities. All new buildings are meticulously inspected by an inspection team. In addition, approx. 30 individual inspections by the authorities are carried out.
If you want to build your dream home in Cape Coral | Fort Myers, please contact us!