YELLOW tier · FL

Cape Coral

Cape Coral-Fort Myers

Thesis

SW Florida canal-front SFH arbitrage on Gulf-access pool homes. State preempts STR bans (FS 509.032), Cape Coral generally permissive — new Jan 2026 registration ($350/yr) is annoying not lethal. Post-Ian inventory glut + investor exit = soft acquisition prices, snowbird Jan-Apr supports premium ADR. Gulf-access > freshwater is the single biggest ADR lever.

Regulatory note

FS 509.032 preempts city STR bans (no pre-June-2011 grandfather ordinance in Cape Coral), but mandatory annual registration program effective Jan 1, 2026 ($350/yr STR), $500-$2,000 escalating fines, active Vacation Rental Advisory Group reviewing further restrictions, and citywide 7-day minimum stay rule.

Coming soon

Cape Coral deep-dive: full report ships with your first pack.

Permitted zones, banned zones, HOA-permissive buildings, friendly PMs, ADR/LTR benchmarks, seasonality, and red flags — all delivered alongside your 50 ranked leads.