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Real Estate Prices & Overview

Four Mile Cove / Shorehaven Estates median real estate price is $503,445, which is more expensive than 66.4% of the neighborhoods in Florida and 69.1% of the neighborhoods in the U.S.

The average rental price in Four Mile Cove / Shorehaven Estates is currently $2,290, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.9% of Florida neighborhoods.

Four Mile Cove / Shorehaven Estates is a suburban neighborhood (based on population density) located in Cape Coral, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Four Mile Cove / Shorehaven Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Four Mile Cove / Shorehaven Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Four Mile Cove / Shorehaven Estates. The current real estate vacancy rate here is 18.5%. This is higher than the rate of vacancies in 84.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Four Mile Cove / Shorehaven Estates neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Four Mile Cove / Shorehaven Estates is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Diversity

Did you know that the Four Mile Cove / Shorehaven Estates neighborhood has more Scots-Irish and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Scots-Irish ancestry and 4.2% have Cuban ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Four Mile Cove / Shorehaven Estates neighborhood in Cape Coral are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.3% of the neighborhoods in America. With 14.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.8% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Four Mile Cove / Shorehaven Estates neighborhood, 34.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 30.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.4%), and 9.0% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Four Mile Cove / Shorehaven Estates neighborhood is English, spoken by 80.7% of households. Other important languages spoken here include Spanish and Chinese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Four Mile Cove / Shorehaven Estates neighborhood in Cape Coral, FL, residents most commonly identify their ethnicity or ancestry as Italian (13.2%). There are also a number of people of German ancestry (11.8%), and residents who report Asian roots (11.0%), and some of the residents are also of Irish ancestry (8.3%), along with some Puerto Rican ancestry residents (7.1%), among others. In addition, 15.5% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Four Mile Cove / Shorehaven Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (46.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.2%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Schools include:
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