1505 N Gator Cir, Cape Coral, FL 33909
3 beds · 2 baths · 1,469 sqft
Welcome to your next dream home, a beautifully maintained 3-bedroom, 2-bathroom home with a versatile den that can easily serve as a fourth bedroom. Located in the peaceful Gator Circle neighborhood, this home is the perfect blend of modern upgrades, stylish details, and a backyard oasis designed for relaxation and entertainment. NO FLOOD ZONE HERE! This home features a WHOLE HOUSE RO system for crystal clear water coming from every faucet. From the moment you step inside, you'll be captivated by the BRIGHT and AIRY feel created by vaulted ceilings, elegant crown molding, and decorative plant shelves. The open-concept design is complemented by wood-like flooring throughout the main living areas, ceramic tile in the wet spaces, and cozy carpet in the bedrooms. The spacious kitchen is a dream for any home chef, featuring a custom tile backsplash, sleek black appliances, granite countertops, a breakfast bar, an undermount sink, and two oversized pantries for plenty of storage. The primary suite is a private retreat with dual master closets and an en suite bathroom that adds both functionality and comfort. The guest bedrooms are thoughtfully connected by a Jack and Jill bathroom, making it a perfect layout for families or guests. Step outside into your own private backyard paradise, where an extended, screened lanai opens up to a HEATED 15' x 28' above-ground POOL. Whether you're swimming, lounging, or hosting friends and family, this fully FENCED-IN backyard offers complete privacy and tranquility. The custom LED lighting adds a special touch to evening gatherings, making this outdoor space just as inviting at night. Designed for durability and efficiency, this home also features IMPACT GLASS windows and sliders for added security, a whole-house reverse osmosis system, a NEW ROOF installed in 2023, a NEW AC in 2022, and CPVC plumbing, ensuring years of worry-free living. Located just minutes from Gator Trails Park, residents enjoy access to basketball, tennis, and pickleball courts, a walking path, fitness stations, a playground, and picnic shelters. Adventure seekers and families will love being close to Gator Mike’s Family Fun Park, featuring ziplining, rock climbing, go-karts, mini-golf, and an arcade, providing endless entertainment right in your backyard. This home is a rare find, offering modern upgrades, a fantastic location, and an entertainer’s dream backyard. Don’t miss the opportunity to make it yours—schedule your private tour today and experience the best of Gator Circle living!
Source: FORTMYERS #225029167
Source: FORTMYERS #225029167
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.
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