1316 SW 31ST TER, Cape Coral, FL, 33914 | $650,000

A newly built home with breathtaking canal views and desirable southern exposure. Constructed in 2022, this residence spans 1, 800 square feet and features three generously sized bedrooms, a versatile den, and two full bathrooms, all complemented by a spacious two-car garage. The exterior boasts impact-resistant doors and windows, a brick paver driveway and walkway, and a white metal fence that encloses the backyard. For evening ambiance, upgraded recessed downlighting in the soffits adds a touch of elegance. Inside, the home dazzles with soaring 13-foot ceilings adorned with recessed LED lighting, 8-foot doors, tasteful window coverings, and large polished white tile flooring throughout. A grand double glass door entry and French doors in the den further elevates the home’s aesthetics. The gourmet kitchen features white shaker-style cabinets with underlighting, quartz countertops, and a marble backsplash. The large center island with waterfall edge, spacious pantry, and stainless appliances with pot filler make cooking a delight. The adjacent living room with tray ceiling and dining room overlooking the water makes this space perfect for gatherings. Retreat to the owner’s suite, where luxury continues with a tray ceiling, two walk-in closets, and a spa-like en-suite bathroom boasting a white vanity with dual sinks, frameless glass walk-in shower with dual heads, and a separate deep soaking tub for ultimate relaxation. Guests are comfortably accommodated with a 3-piece bathroom flanked by two guest bedrooms. Step outside to the extended lanai, featuring a new no-see-um screen enclosure, paver pool deck, and large saltwater heated pool complete with cover. The covered area is perfect for dining and lounging, offering an idyllic outdoor living experience. Additional notables include Samsung washer and dryer, epoxy floor in the garage, and no HOA. Don’t miss this opportunity!

Features

  • Amenities: See Remarks
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: CAPE CORAL
  • Year Built: 2022
  • Garage: 2-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 1,800
  • Acreage: 0.23
  • Est. Taxes: $4,636
  • Lot Desc: Regular
  • View: Canal
  • Community Type: No Subdivision,Non-Gated
  • Water Front: Yes
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224019330
  • Website: https://www.raveis.com
    /prop/224019330/1316sw31stter_capecoral_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Premier Sotheby's International Realty

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1316 SW 31ST TER, Cape Coral, FL, 33914

$650,000

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 $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment $386 $386 $386
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,547 $3,456 $4,385
Total Monthly Payment $4,025 $3,934 $4,863

* 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.