11970 Royal Tee Cir, Cape Coral, FL 33991
4 beds · 4 baths · 3,902 sqft
Welcome to Cape Royal! A stunning golf course home nestled along the prestigious King 5, this exquisite residence offers a blend of elegance, comfort and resort-style living. Whether you're an avid golfer or simply seeking a luxurious retreat, Cape Royal delivers on all fronts. The grand entryway with coffered ceilings and ornate moldings sets the tone for the home’s timeless style. The expansive great room flows seamlessly into the kitchen, den and dining areas, making it ideal for entertaining. From nearly every room, enjoy picturesque views of the pool, screened lanai and manicured golf course. This thoughtfully designed custom home features two primary suites conveniently located on the first floor, two additional guest bedrooms, a den and a spacious upper-level family/bonus room. The luxurious outdoor oasis, with a cascading water feature, hot tub and brand-new travertine pool deck, is perfect for gatherings or quiet relaxation. No flooding or storm damage — ever! This home provides peace of mind with new impact-rated doors and windows, ensuring security and energy efficiency. Beyond the home’s stunning features, Cape Royal offers a lifestyle that’s hard to match: low HOA fees, located in unincorporated Lee County (lower taxes, Pine Island water, no Cape Coral city limits). No mandatory golf membership fees — play when you like or simply enjoy the beautifully landscaped 450 acres with 483 homesites, 24 freshwater lakes and a 27-hole championship golf course. This hidden gem combines the best of resort-style living with practical, low-maintenance amenities. The gated, Royal Palm-lined entrance welcomes you into a community of custom-built homes on oversized, beautifully landscaped lots, where you’ll enjoy serene lakeside views and spectacular sunsets. Come see for yourself why Cape Royal is one of the best-kept secrets in Southwest Florida! Schedule a private tour today and discover what makes this home — and this community — so exceptional.
Source: NABOR #224082814
Source: NABOR #224082814
Source: Public records
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Other resourcesWhat is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.