Discover the perfect blend of coastal living and modern convenience in this beautifully updated 2-bedroom, 2-bathroom corner unit located on the prestigious Rubicon Canal. With a 30-minute boat ride to open waters and the Gulf of Mexico, this boater’s paradise offers the ultimate waterfront lifestyle. Step inside to a bright and airy space, filled with natural light from the abundance of windows that showcase breathtaking long canal views. The open floor plan creates a seamless flow, perfect for entertaining or simply relaxing while taking in the amazing views of the community and waterfront. The primary bedroom features a large walk-in closet and the unit offers ample storage throughout. Enjoy the convenience of recent upgrades, including an updated electrical panel, a Nest thermostat, and new screens throughout the unit. The newer roof ensures peace of mind for years to come. This unit is available turnkey, making your move effortless! HOA is being reduced January 1st, 2025 to $495 per month. Located in a prime central location in Cape Coral, you’re just a 10-minute walk to downtown’s best shopping, dining, bars, and entertainment. Whether you’re seeking a full-time residence or the perfect seasonal getaway, this unit offers it all. Don’t miss out on this incredible opportunity for boating enthusiasts and those looking for an exceptional waterfront property! Contact your favorite Realtor for more information and a private showing!
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Our Executive Mortgage Banker:
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$235,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $232 | $232 | $232 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,251 | $1,250 | $1,585 |
Total Monthly Payment | $1,558 | $1,557 | $1,892 |
* 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.