Tobiano Horses for Sale near Cape Coral, FL

About Cape Coral, FL

Cape Coral history began in 1957 when two brothers from Baltimore, Maryland, Leonard and Jack Rosen, flew over the peninsula known as Redfish Point, across the Caloosahatchee River near present-day Fort Myers. Cape Coral was founded as Redfish Point. Leonard and Jack Rosen, who were real-estate developers and a small group of partners, purchased a 103-square-mile (270 km 2) tract known as Redfish Point for $678,000 in that year and, in 1958, began development of the city as a master-planned, pre-planned community. The Gulf American Land Corporation (GALC), was formed to develop the area. GAC developed a marketing model that was a total departure from traditional selling methods.