2829 SW 50th TERRACE, Cape Coral, FL, 33914 | $1,600,000

On an oversized lot in the most sought-after location in SW Cape Coral, you’ll find this exquisite waterfront wonderland. This home offers 3 generously sized bedrooms and an office or 4th bedroom and three lavishly appointed bathrooms. On one of the widest canals in Cape Coral, no detail was missed in this immaculate and stunningly beautiful sailboat access pool home. In a quiet neighborhood south of Cape Coral Pkwy and on a 240’ wide canal, you’ll enjoy panoramic views to the South Spreader Waterway and quick sailboat access to the Gulf of Mexico. The current owners fully remodeled and reconfigured this home in 2019 adding lots of impact glass along with all new flooring, quartz counter tops, solid wood cabinetry, high-end appliances, plus beautiful lighting, plumbing fixtures, window treatments and more making this the ultimate waterfront residence. Entering the home you’ll immediately be impressed with the large open living space, voluminous ceilings and exquisite choices of colors and finishes. You’ll love entertaining in this enormous remodeled and true gourmet kitchen including an abundance of custom solid wood cabinetry, a huge six seat quartz island, gas range, double wall oven, two drawer French door refrigerator, large stainless farm sink, ice maker and unique features like a wine bar and a large hidden pantry for additional storage. The oversized primary suite is your personal sanctuary which includes dual vanities, a large soaking tub and gorgeous tiled shower. No detail was missed on the lanai either which includes a huge summer kitchen with granite counter tops over the highest quality composite cabinets available as well as high-end appliances including a grill and a gridle with commercial ventilation above plus a dual drawer style refrigerator and a large storage closet for all those necessities to enjoy outdoor living, all protected by roll down hurricane screens. You’ll be able to take a brisk swim in the oversized heated pool, or comfortably relax in the integrated spa. The waterfront features a beautiful composite dock with a 15, 000lb lift and 40’ long canopy. Mechanically this home is also up to date including a high end 2021 Lenox Air Conditioning system with Honeywell wifi thermostat and a 2023 steel stone coated roof with 50-year warranty. This home is the epitome of luxury waterfront living and is stunning in every way and will provide worry free living for years to come. All assessments are paid and there is a super low cost flood insurance policy available for the buyer to assume. Make your appointment to see this beauty today.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Year Built: 1990
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,606
  • Acreage: 0.29
  • Est. Taxes: $9,789
  • Lot Desc: Flood Insurance Required, Oversized Lot
  • Elem. School: Cape Elementary
  • Middle School: Challenger Middle School
  • High School: Cape Coral High School
  • Pool: Gunite, Heated, In Ground, Lighting, Screen Enclosure
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: C7499392
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/C7499392/2829sw50thterrace_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 11/1/2024 12:17:07 PM)
Listing courtesy of FLORIDA GULF HOME REALTY LLC   Phone: 239-848-8461

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2829 SW 50th TERRACE, Cape Coral, FL, 33914

$1,600,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.851% 6.704%
Monthly Tax Payment $816 $816 $816
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,196 $8,302 $11,150
Total Monthly Payment $9,137 $9,243 $12,091

* 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.