Welcome to your waterfront oasis on Britannia Lake, one of Cape Coral's famous "8 Lakes. " This unique, modern two-story home offers 3 bedrooms, 2 full bathrooms, an office, and 2, 746 square feet of living space. Designed with a distinctive architectural style, the home features vaulted ceilings in the great room and a cozy wood-burning fireplace. The U-shaped kitchen comes equipped with a breakfast bar, perfect for casual meals and entertaining. The primary bedroom is conveniently located on the main floor and offers sliding doors that lead directly to the screened lanai, pool, and spa area. Both the great room and dining room also have sliding doors opening to the pool area, providing stunning lake views and a seamless indoor-outdoor living experience. Upstairs, you'll find two additional bedrooms, each with its own private balcony overlooking the pool and lake. A loft area upstairs provides flexible space that can be used as a library or office. The outdoor living space is a highlight of this property. The heated, heart-shaped pool and in-ground spa are the centerpiece of the screened lanai, surrounded by lush tropical landscaping. There's plenty of room for lounging and entertaining, all while enjoying multi-million dollar views of the Gulf Access lake. Boating enthusiasts will appreciate the wooden dock on the lake, offering a short boat ride to restaurants, beaches and the Gulf of Mexico. The oversized 2+ car attached garage provides extra storage space, and the large driveway offers ample parking for guests. Recent updates include a new metal roof installed in 2022 and a brand-new AC unit added in April 2023. Located near the Rose Garden, Rotary Park, and Tarpon Point Marina, you're just moments away from great dining and shopping options. Currently part of a successful short-term rental program, this home is not only a wonderful retreat but also an excellent investment opportunity. Don't miss your chance to own this exceptional waterfront property and experience the best of Florida living! NO FLOODING during the last Hurricanes! Transferable Flood Policy in the LOW $913 per Year!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $678,400 | $678,400 | $678,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $917 | $917 | $917 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,344 | $4,232 | $5,863 |
Total Monthly Payment | $5,353 | $5,241 | $6,872 |
* 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.