1101 SW 51st TER, Cape Coral, FL, 33914 | $768,500

INCOME GENERATING DIRECT GULF ACCESS NO LOCKS OR BRIDGES! Property is currently running as an airbnb with minimum weekly rentals. Can provide all financials, 5-Star Rated. This truly remarkable and meticulously renovated home features a BRAND NEW Metal roof, A/C, and sits on a spacious triple corner lot! Featuring a split floor plan, comprising 4 bedrooms and two bathrooms with stunning modern aesthetics, with 24x48" luxurious porcelain tile throughout the home, the kitchen shines with modern aesthetics and all new European style cabinetry, equipped with slate grey LG smart appliances, large breakfast bar made of Quarts, and impact windows and doors. Slide open your doors to reveal an inviting outdoor haven and enjoy sunsets every evening with this west rear facing property: a newly screened in lanai with a heated pool accompanied by a fountain, expansive greenery, sizeable deck and a boat lift with a composite deck further elevate the outdoor space. Nestled in a serene, picturesque neighborhood, this property is located in the coveted SW Cape Coral, a stone's throw from Tarpon Point Marina ensures proximity to shopping and diverse culinary delights. Don't miss out on this waterfront gem call and schedule your private showing TODAY!!

Features

  • Amenities: See Remarks
  • Bedrooms: 4
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: CAPE CORAL
  • Year Built: 1988
  • Garage: 2-car Attached
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 2,060
  • Acreage: 0.36
  • Est. Taxes: $9,002
  • Lot Desc: Corner,Oversize
  • View: Canal
  • Community Type: Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Dock Private
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224088412
  • Website: https://www.raveis.com
    /prop/224088412/1101sw51stter_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 COLDWELL BANKER REALTY

William Raveis Family of Services

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1101 SW 51st TER, Cape Coral, FL, 33914

$768,500

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 $614,800 $614,800 $614,800
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $750 $750 $750
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,090 $4,086 $5,185
Total Monthly Payment $4,932 $4,928 $6,027

* 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.