1516 SW 58th St, Cape Coral, FL 33914
3 beds · 2 baths · 2,911 sqft
Welcome to your dream oasis! It's all about location with this exceptional 3-bedroom, 2-bathroom, 2-car garage home. A masterpiece of modern living with direct, sailboat gulf access just 3 short quick turns to the river and nestled in a prestigious neighborhood just a stone's throw from Cape Harbor Marina, shopping, and dining. The split floor plan is designed for both privacy and togetherness, offering a harmonious flow throughout. Step inside to discover a world of new upgrades: sleek new flooring, fresh interior paint, and charming barn-style closet doors that add a rustic touch. The home is illuminated by stylish new light fixtures and ceiling fans, all cooled by a brand new A/C unit installed in 2023. The kitchen is a chef's delight, featuring ample shaker-style cabinets, luxurious granite countertops, and gleaming new stainless steel appliances from 2023. The adjacent oversized laundry room offer a double wide closet perfect for added pantry space. Last but not lease, all new impact windows. The master bedroom is voluminous with sliders leading to the lanai. The master bathroom is a sanctuary with a stunning walk-in shower and dual sinks for added convenience. Both the master and guest bathrooms have been beautifully remodeled, offering a spa-like retreat. Outside, a below-ground concrete pool invites you to unwind, while the screened lanai offers the perfect spot for alfresco dining or simply soaking up the sun. Impact windows provide peace of mind, ensuring your home is a fortress against the elements. This meticulously maintained home is a blend of style, comfort, and functionality, ready to welcome you to a life of luxury and ease. Don't miss the chance to make this property your own. All information deemed reliable but not guaranteed, buyer(s) to do due diligence.
Source: FORTMYERS #225007354
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FORTMYERS #225007354
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.