1005 SW 1st PLACE, Cape Coral, FL, 33991 | $650,000

Step into a slice of paradise with this stunning canal-front home, where elegance meets modern convenience. The open floor plan seamlessly blends living spaces, highlighted by wood cabinets and granite countertops that set a luxurious tone. The three-way split layout includes four expansive bedrooms and a versatile den, ensuring ample space for work, relaxation, and guests. Among the 3. 5 bathrooms, the main guest bedroom boasts an ensuite bath, offering exceptional comfort. The outdoor amenities are equally impressive. A pristine pool, enclosed by a brand-new birdcage, invites you to bask in the Florida sun. The newer, oversized boat dock and deck provides lots of waterfront relaxation. Sit and enjoy a waterside cup of coffee in the morning and a drink to cap off the evening. The wide canal offers direct access to five beautiful lakes, ideal for boating enthusiasts. It’s like living in your own mini resort! Plus, with a roof replaced in 2022, you can enjoy peace of mind for years to come. Notably, this property does not require flood insurance, adding to its appeal. Veterans, assume the owner’s 5. 99% VA loan and save on your monthly payments. This beautiful home features an upgraded electrical system and a Generac propane-powered generator, ensuring reliability no matter the weather. Spacious bedrooms provide a haven of tranquility, with the home boasting lots of storage, and a large laundry room. Solar panels keep electric bills astonishingly low, averaging less than $40 per month. The two-car garage adds to the convenience and storage options this amazing home offers. Embrace a lifestyle of luxury and sustainability in this exceptional home. Whether you’re entertaining or simply enjoying the serene canal views, this property offers a unique blend of style and practicality. Don’t miss the chance to make this dream home your reality. This home can be a great second home! You can use it as an Airbnb when you aren’t staying there, paying for the home itself!

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 80 x 125
  • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
  • Year Built: 1995
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,387
  • Acreage: 0.23
  • Lot Size: 80 x 125
  • Est. Taxes: $886
  • View: Water
  • Pool: Gunite, In Ground, Salt Water
  • Appliances: Microwave, Range, Refrigerator
  • MLS#: U8242924
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/U8242924/1005sw1stplace_capecoral_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/9/2024 2:15:30 AM)
Listing courtesy of BILTMORE GROUP INC   Phone: 727-559-2008

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1005 SW 1st PLACE, Cape Coral, FL, 33991

$650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $74 $74 $74
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,460 $3,416 $4,385
Total Monthly Payment $3,626 $3,582 $4,551

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.