But what sets Cape Coral apart from other cities? Lets talk about its history and unique features. Cape Coral was founded in the 1950s by the Rosen brothers, who had a vision of every house having its own boat dock. They wanted to create the Venice of the USA, and they succeeded. With over 400 miles of canals that weave through the city, Cape Coral truly is a boaters paradise. Youll find thousands of beautiful villas and a few high-rise condominiums near the beach. The peace and friendliness of the city, along with the southern lifestyle of its residents, will make you fall in love with Cape Coral just like I did.