Side-by-side comparison of Cape Coral, FL and Port St. Lucie, FL — cap rates, rent, prices, and investment metrics.
Cash flow: Cape Coral has the edge with an estimated cap rate of 3.75% compared to Port St. Lucie's 3.74%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $340,000 in Cape Coral vs $330,000 in Port St. Lucie, while rents come in at $1,620/mo and $1,580/mo respectively.
Growth & appreciation: Port St. Lucie is growing faster at 3.5% annually vs Cape Coral's 3.2%. Cape Coral leads on home value appreciation at 3.8% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 0.87% in Cape Coral vs 0.91% in Port St. Lucie. Vacancy rates of 5.2% and 5.1% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Port St. Lucie edges out Cape Coral on most key metrics. While cap rates are moderate at 3.74%, Port St. Lucie's overall profile is stronger. Use our free calculators to model specific deals in Cape Coral or Port St. Lucie.