GULF ACCESS CANAL LOT IN SW CAPE CORAL!! Located in the highly desirable Surfside Blvd area with abundant walking and biking paths, this three-bedroom home (plus den) has a southern-facing backyard for all day sun on the heated swimming pool, which is thoroughly screened featuring an exquisite “splash pad” that will be a hit with the little ones! The custom pool was built in 2020, and the oversized covered portion of the lanai is perfect for indoor/outdoor entertaining. It has a three-panel glass slider connecting the lanai and vaulted living room. Serve fresh bananas and mangos from the trees in the backyard! Also vaulted, the primary bedroom has an attached bathroom with a soaking tub, separate shower, twin sinks, and generous closet space. Offered turnkey, the included furnishings make it easy to immediately enjoy as a second home or purchase for investment (no association or rental restrictions). The den is furnished as a fourth bedroom, so this home comfortably sleeps eight. The house features new siding (2023) and a panoramic screened pool enclosure (2023). Other recent improvements in 2022 and 2023 include ceramic tile throughout, contemporary light fixtures, two power reclining sofas, two sets of French doors from the primary bedroom and den to the lanai and front door (all with impact glass), water heater, roof replacement (2021), and air conditioner (2020). The seawall on the canal is ready for the new owner to add a custom pier to make fishing the Gulf or cruising miles of canals to visit friends, see the sights, or dine at any of the many restaurants accessible by boat a breeze! In 2024, the house performed like a champion through Debby, Helene, and Milton, requiring only $500 of repairs to the pool enclosure without flooding or water penetration!
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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 | $539,920 | $539,920 | $539,920 |
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 | $771 | $771 | $771 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,588 | $4,553 |
Total Monthly Payment | $4,454 | $4,450 | $5,415 |
* 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.