2514 SW 31st LANE, Cape Coral, FL, 33914 | $899,000

One or more photo(s) has been virtually staged. HUGE PRICE REDUCTION. . . . and the newly installed SOLAR SYSYEM will be PAID OFF for the buyer at closing! With a house this size, that is a HUGE savings in utilities bills month after month ($700-$800/month savings!!). The homeowner even received a check back from the power company at the end of last year! NEW pool pump Feb 2024, NEW interior paint Dec 2023, NEW roof & gutters 2022, NEW solar 2022, NEW pool heater 2020, NEW HVACs 2019. Built on a triple lot, this 3500 sq ft, 4 bed+den, 4. 5 bath POOL home offers plenty of space both inside & out! The primary bedroom, with its own HVAC, spans one whole side of the home. Within the primary suite, you'll find an expansive bedroom, a sizable walk-in closet, & a spacious en suite bathroom complete with soaking tub, walk-in shower, bidet, and double vanity. On the other side of the house, there are 2 additional guest suites both w/ walk-in closets & en suite bathrooms along w/ their own private living room. With an additional 4th bedroom and guest bathroom, this house can accommodate plenty of people! This house is LOADED with special features including a built-in fish tank that can be enjoyed from the living room and the den, a bar area with wine fridge, a kitchen with separate prep sink and pot filler, a security system, and an enormous laundry room with an abundance of storage. After marveling at the interior of this home, you will be drawn to the fenced-in backyard oasis surrounded by lush landscaping for complete privacy. In addition to a beautiful heated pool w/sun shelf, there is plenty of deck space to soak up the sun along with an outdoor shower to rinse off. Within the newly screened lanai, is a complete outdoor kitchen with built-in grill, Big Green Egg smoker, and everything needed to entertain poolside. The pool bath is a practical touch, preventing wet feet from tracking through the house. The oversized 3-car garage is loaded w/storage, work space, & air compressor lines. It's certainly large enough to store your boat! 1 yr HOME WARRANTY included. Solar warranty transfers. This would make a great primary home, winter getaway, or income producing vacation rental property! This really is a MUST SEE property since it has so many UNIQUE features. ***If buyer takes over the loan on the solar (1. 9% rate transfers), the sale price of the home can be less. ***

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Corridor Access, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Ranch
  • Year Built: 2005
  • Garage: 3-car Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Golf Cart Parking, Oversized, Workshop in Garage
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,497
  • Acreage: 0.34
  • Est. Taxes: $12,241
  • Lot Desc: City Lot, Landscaped, Oversized Lot
  • Pool: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4600803
  • Days on Market: 79 days
  • Website: https://www.raveis.com
    /prop/A4600803/2514sw31stlane_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 5/19/2024 9:47:09 AM)

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NMLS Mortgage Loan Originator ID 1020051

508.740.5922

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2514 SW 31st LANE, Cape Coral, FL, 33914

$899,000

Harry Cutts

Senior Sales Associate

William Raveis Real Estate

Phone: 508.237.9558

Harry.Cutts@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $1,020 $1,020 $1,020
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,845 $4,725 $6,364
Total Monthly Payment $5,957 $5,837 $7,476

* 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.