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Cape Coral, city, Lee county, southwestern Florida, U.S. It is situated on a broad peninsula pointing southward, with Fort Myers just to the northeast across the estuary of the Caloosahatchee River and Pine Island (and the Gulf of Mexico beyond) to the west across the strait known as Matlacha Pass. Created as a planned community and first settled in 1958, the city was incorporated in 1970. Its population has grown rapidly and surpassed that of...