|
Presented by
Team AFA - Darien |
This canal front residential property is located at 2650 Coco Plum Drive in Cape Coral, Florida, within the Matlacha area of Lee County. The property sits along a saltwater canal that provides access to surrounding waterways consistent with local conditions and navigational regulations. Matlacha is a coastal community positioned between Pine Island and the mainland, known for its compact layout, waterfront setting, and connection to nearby fishing areas and barrier islands.
The residence on the property is a single story cabin style home featuring one bedroom and one bathroom. A garage is included, offering enclosed parking and storage. The garage is equipped with a hurricane rated garage door designed to meet applicable wind resistance standards. The home is situated on a canal front lot with established shoreline improvements that support marine use.
Along the water frontage, a seawall was newly constructed in 2020. A dock and boat lift were also installed in 2020, providing direct access to the canal. The boat lift includes a canvas cover, which offers protection for a vessel when not in use. Water depth, vessel suitability, and navigability should be independently verified by prospective buyers based on intended use and seasonal conditions.
The roof of the home was replaced in 2021 prior to Hurricane Ian. According to the information provided, the structure did not sustain roof damage during that storm. Buyers are encouraged to conduct their own inspections to confirm the condition and remaining service life of the roof and all other improvements.
The canal system connected to the property leads toward open water areas that are commonly used for boating and access to nearby fishing flats and coastal waters. The waterways also provide routes for traveling by boat to nearby islands and beaches, subject to local regulations, tides, and weather conditions. No representation is made regarding travel times or water conditions.
The property is located within walking distance of local dining establishments, retail shops, and art galleries in Matlacha. The area is known for its locally owned businesses and pedestrian friendly layout. This setting allows residents to access nearby amenities without reliance on long drives while remaining connected to the broader Lee County region.
Road access to the property is provided by Coco Plum Drive, a maintained residential roadway. Utilities serving the home are consistent with other residential properties in the area, though buyers should verify specific service providers and availability. Any future modifications, expansions, or changes in use should be reviewed with Lee County and applicable local agencies to ensure compliance with zoning, building, and environmental regulations.
This property may be suitable for buyers seeking a small waterfront residence with established marine infrastructure in a coastal Florida community. All property details, measurements, and allowable uses should be independently verified prior to purchase.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $279,200 | $279,200 | $279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $246 | $246 | $246 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,672 | $1,742 | $2,300 |
| Total Monthly Payment | $1,993 | $2,063 | $2,621 |
* 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.