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Canal Point - Town vs. County Stats

Canal Point - Town vs. County Stats

Avg Price in Canal Point: $222,000 / County Avg $995,300

11%

Avg Taxes in Canal Point: $1,200 / County Avg $9,600

6%

Avg Sq. Ft. in Canal Point: 2,271 / County Avg 2,350

48%

Avg Price per/ft2 in Canal Point: $98 / County Avg $423

23%

Avg Walkscore in Canal Point: 18 / County Avg 30

30%

Avg Year Built in Canal Point: 1940 / County Avg 1987

49%

Avg Days on Website in Canal Point: 318 / County Avg 126

126%

Canal Point Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales
The unincorporated community of Canal Point, a census-designated place (CDP), covers less than two square miles on Lake Okeechobee. In 1909 it was the first white settlement on the east side of the lake.

Southern States Land and Timber Company planted the first sugarcane here in 1917—several varieties, as an experiment. The U. S. Department of Agriculture established a Sugarcane Field Station in 1920 to supply “seed” (sugarcane stalks cut in pieces) for Louisiana, although they also assisted local farmers. Canal Point was selected because the moderating temperature effect from Lake Okeechobee created conditions useful for their breeding program. In 1922 Frederick Edward Bryant and G. T. Anderson built the first sugar mill in the Glades; soon, 800 of the 900 acres of sugarcane growing in the Glades were in Canal Point.
Areas in Canal Point FL
10 - Palm City West-Indiantown
Neighborhoods in Canal Point FL
Mayaca Homesites