219 SE 16th TERRACE, Cape Coral, FL, 33990 | $395,000

SELLER MOTIVATED – $5, 000 BACK FOR CLOSING COSTS! Don’t miss this incredible investment opportunity in beautiful Cape Coral! This recently furnished property is ready to own and boasts a fresh remodel with all the features you desire. Enjoy a BRAND NEW kitchen and bathrooms with granite counters, soft-close cabinets, and stainless steel appliances. Recent improvements include a new roof (2022), AC (2023), water heater (2023), plumbing (2023), and fresh flooring and paint throughout. The oversized corner lot features a horseshoe driveway that accommodates 8+ VEHICLES, built-in sliding storm shutters, and an air-conditioned Florida room. With nearly 1, 800 sqft of cool Florida living, including a 300+ sqft air-conditioned Florida room, this home is perfect for relaxation or entertaining. Centrally located just minutes from Publix, Lowe's, Target, restaurants, and entertainment, you’ll also enjoy easy access to Sun Splash Water Park, the Midpoint Bridge to Fort Myers, and beautiful beaches like Fort Myers Beach, Sanibel Island, and Pine Island—all within a 30-minute drive! This property is ready to be your next home or rental investment. Act fast and take advantage of this fantastic opportunity before it’s gone! Schedule your showing today! Furniture is also Negotiable starting at an additional 10k (includes everything on the property. )

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 90 x 125
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 1983
  • Garage: 2-car
  • Heating: None
  • Cooling: Central Air, Other
  • Approx Sq. Feet: 1,425
  • Acreage: 0.27
  • Lot Size: 90 x 125
  • Est. Taxes: $5,085
  • Lot Desc: Corner Lot, Cul-De-Sac, Landscaped
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • MLS#: C7498730
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/C7498730/219se16thterrace_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 10/6/2024 9:17:13 AM)
Listing courtesy of Mato Realty, LLC   Phone: 239-259-6286

William Raveis Family of Services

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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219 SE 16th TERRACE, Cape Coral, FL, 33990

$395,000

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 $316,000 $316,000 $316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.490% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.654% 5.752%
Monthly Tax Payment $424 $424 $424
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,997 $1,995 $2,580
Total Monthly Payment $2,496 $2,494 $3,079

* 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.