No, there’s no Starbucks here. And you won’t find a regional mall or any big name bookstores either.

But according to the latest U.S. Census Bureau News report issued on June 21, 2006, Cape Coral Florida remains the ffifth-fastest growing city in the country! Owners of Cape Coral Florida real estate are rejoicing.

Why? Because Cape Coral Florida real estate values are poised to continue it’s double digit growth.

The Census report, released on June 21, 2006, said the city grew at 9.2 percent from July 1, 2004, to July 1, 2005, reaching a total population of 140,000. Almost a year later, 154,000 people live here, based on city estimates. Cape Coral also was No. 5 on the census growth chart in 2003-2004.

Florida had three cities among the 10 fastest growing in the nation: Port St. Lucie (third), Cape Coral (fifth) and Miramar (eighth).

For buyers wanting a waterfront lifestyle, Cape Coral real estate offers miles of canals to the Gulf of Mexico, and is in great demand.

Bordered on the east by the Caloosahatchee River and on the west by the Gulf of Mexico, Cape Coral Florida real estate provides thousands of waterfront property opportunities with access to the Gulf.

Founded in 1970, Cape Coral Florida’s year round temperature averages 76 degrees. Cape Coral can very well be known as the “new Naples”.

The second largest city in the state spanning 115 square miles, Cape Coral has been coined the “Venice of the West” as it hosts 400 miles of canals.

Real estate buyers can take advantage of the unique Cape Coral Florida real estate opportunity by locking in at yesterday’s prices. Says one local Realtor, “Instead of saying, ‘I can’t afford it,’ why not ask yourself ‘How can I afford it?'”

Cape Coral Florida real estate provides abundant lifestyle opportunities to raise a family, start a business, or get a job with one of the new companies that have also recently relocated to the area.

Cape Coral Florida is also a wonderful place to retire with some of the best golfing and boating to be found anywhere.

Considering all that Cape Coral has to offer, it’s no surprise that the Cape Coral real estate market is healthy.

Whether it is the boating, fishing, golfing, restaurants, or great weather Cape Coral Florida real estate offers, this beautiful city does not seem to disappoint.