3525 SE 1st AVE, Cape Coral, FL, 33904 | $689,000

Welcome to an absolutely stunning pool home very meticulously maintained - DIRECTLY ON THE CANAL WITH GULF ACCESS - in one of the nicest and best neighborhoods of Cape Coral. Very LOW MAINTENANCE cost due to solar panels which heat the pool, lower the electic bill substantially, no HOA fees, etc. The private dock features a 10, 000-pound boat lift and provides you access to the Gulf of Mexico. Just 3 beautiful miles away (a 35-minute journey), you'll reach the Gulf! This very nicely and appealingly upgraded home features 3 spacious bedrooms with beautiful water views. This can either be your perfect all-year-round residence or an outstanding investment opportunity with excellent rental income. The house comes furnished, ready for you to move into Florida's paradise and start an active, very relaxing and happy lifestyle!
Enjoy the morning sun and take a nice refreshing swim in your solar heated saltwater pool to start a great day, dry off with a cup of coffee on your pool deck, and get ready for an amazing day in the best location! In the evenings, enjoy entertaining friends for dinner on the spacious screened lanai, overlooking the water. Perhaps even hop on the boat for an evening ride!
This home ensures you "Sleep Well At Night" (an excellent SWAN investment): With its elevation and excellent location, plus the fact that it is not in a flood zone and has never experienced any flooding ever, there is nothing to worry about! It is hurricane safe, very well maintained and even the solar panels still have a 10 year warranty. The shingle roof is only 7 years old and in excellent shape, and solar panels have been added to heat the pool and still have a 10-year warranty. The solar energy lowers your electrical cost! Also, the lanai screens were recently replaced. If you want to enjoy a good lifestyle, this is it!
Excellent price for the value you get! This home has also never been leased out, ensuring it is in excellent condition! Excellent SWAN investment opportunity with no headaches! Enjoy the best lifestyle of Florida in Cape Coral's best location - ready to move in and hop on your boat!

Features

  • Amenities: None,Streetlight
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: CAPE CORAL
  • Year Built: 1995
  • Garage: 2-car Attached
  • Heating: Central Electric,Solar
  • Cooling: Ceiling Fans,Central Electric,Humidistat
  • Approx Sq. Feet: 2,018
  • Acreage: 0.23
  • Est. Taxes: $7,983
  • Lot Desc: Oversize
  • View: Canal,Intersecting Canal,Landscaped Area,Pool/Club,River
  • Community Type: Boating,No Subdivision,Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Dock Private,Boat Lift,Boat Slip,Dock Deeded,Dock Included,Elec Avail at dock,Water Avail at Dock,Wooden Dock
  • Elem. School: OASIS CHARTER ELEMENTARY SCHOOL
  • Middle School: OASIS MIDDLE SCHOOL
  • High School: OASIS CHARTER HIGH SCHOOL
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224004143
  • Website: https://www.raveis.com
    /prop/224004143/3525se1stave_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 COMPASS FLORIDA LLC

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3525 SE 1st AVE, Cape Coral, FL, 33904

$689,000

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 $551,200 $551,200 $551,200
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 $665 $665 $665
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,760 $3,663 $4,648
Total Monthly Payment $4,517 $4,420 $5,405

* 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.