Storm Surge Leads to Big Losses for Lee County Real Estate
09/08/2020

Storm Surge Leads to Big Losses for Lee County Real Estate

Storm Surge Leads to Big Losses for Lee County Real Estate

Storm surge costs Florida’s real estate market billions of dollars, on average, every year.

And no county in the state suffers more from such damages than Lee County.

A 2020 analysis found that Lee County loses $400 million in damages from storm surge.

Forecasts show that number will gradually increase to $600 million in 2050.

Lee County is home to Cape Coral, the country’s most at-risk city for flood damage.

This year, flooding poses a threat to every property in Cape Coral, according to Flood Factor.

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