121 SE 17th St, Cape Coral, FL 33990
3 beds · 2 baths · sqft
*** ON CITY WATER AND SEWER! * ASSESSMENTS FULLY PAID BY SELLER! * NOT IN A FLOOD ZONE! * WITH POOL ON A FRESHWATER CANAL! * 1,934 SQFT OF LIVING SPACE! *NEW ROOF! * IN A DESIRABLE NEIGHBORHOOD! *** Welcome to your dream waterfront living! This spacious 3 bedroom with den, 2 bathroom home located in Cape Coral, Florida offers a serene retreat on a freshwater canal with a seawall. Boasting 1,934 square feet of living space, this home is designed for comfort, relaxation, and entertainment. New roof, impact doors and windows, new water boiler, new carpet in bedrooms, new kitchen backsplash, freshly painting interior walls and fleshly painted exterior walls of the house are a few of the benefits of this beautiful property. As you enter the home you're greeted by the open floor plan and an abundance of natural light making this space wonderful for entertaining family and friends. The well appointed kitchen is equipped with modern appliances, and ample counter space. The master bedroom retreat features a large walk-in closet and a master bathroom with a ADA accessible shower. Two additional bedrooms, two additional walk-in closets and a full bathroom ensure comfort for family members or guests. There is also an additional space that can be used as an office, exercise area or small room. Step outside to discover the true beauty of this home's location. Glass pocket sliders lead into the pool deck. It overlooks the tranquil freshwater canal, offering a perfect setting for enjoying the Florida lifestyle year round. The property features a seawall, providing easy access for boating, fishing, and water activities right from your backyard. This oversized lot comes with five mango trees, one avocado tree and one soursop tree. Imagine sipping your morning coffee or watching the sunset as you soak in the peaceful ambiance of waterfront living. Located in Cape Coral, known for its waterfront lifestyle and outdoor recreational opportunities, this home offers convenient access to shopping, dining, entertainment, and top-rated schools. Explore nearby parks, nature preserves, and beaches, or take a short drive to downtown Cape Coral, Matlacha or Fort Myers for additional amenities. Don't miss this opportunity to own a piece of paradise. Schedule your showing today and experience the best of Florida living in this charming Cape Coral waterfront home.
Source: FORTMYERS #224071028
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224071028
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What 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.
MLS ID: #224071028
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.