Ask me about investing in a vacation rental!
Cape Coral City Council, despite protests from several Pine Island / Matlacha residents, voted to annex 5.6 acres on Matlacha Island to the city of Cape Coral. The property lies on the south side of Pine Island Road next to D&D Bait and Tackle.
Cape Coral had purchased the Matlacha property in 2012 as part of a $13 million land acquisition of 656 acres with 650 acres in Cape Coral.
Mayor Joe Coviella wants to look at the city-acquired Seven Islands site for possible commercial development but is against annexing Matlacha.
Judge Kyle ruled in favor of the City of Cape Coral, awarding the six lots. Any development of those lots must comply with Cape Coral ordinances. Pine Island wants to keep the island community from being annexed into Cape Coral, any more than it has. Incorporation of the island will protect our existing border lines, but only continued civic engagement will ensure minimal government and taxes.