Under contract-accepting backup offers. Welcome to your updated Gulf access 1-bedroom, 1-bathroom ground-floor condo, where convenience meets coastal living! This stunning condo is a rare find, offering an open-concept design, modern finishes, and an unbeatable location in the heart of Cape Coral. With access to the Gulf, boat lovers will enjoy the potential availability of a boat slip on a first-come, first-served basis, making this condo a boater's dream! Situated right next to the community pool and grill area, this condo provides easy access to outdoor amenities perfect for relaxing or entertaining guests. HOA is being reduced January 1st, 2025 to $495 per month. The spacious layout includes plenty of storage space, ensuring all your needs are met in this thoughtfully designed home. This home has been high and dry from recent storms and no flooding! Enjoy the best Cape Coral living, as this condo is centrally located within walking distance of shopping, dining, and entertainment options, offering both convenience and a vibrant lifestyle. Whether you are looking for a permanent residence or a seasonal retreat, this condo checks all the boxes! Contact your favorite Realtor for more information or a private tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$169,900
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 | $135,920 | $135,920 | $135,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $167 | $167 | $167 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $916 | $903 | $1,146 |
Total Monthly Payment | $1,158 | $1,145 | $1,388 |
* 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.