1814 SW 15TH AVE, Cape Coral, FL 33991
Welcome to your dream waterfront retreat! Check out the 3D Virtual Tour! NOT IN A FLOOD ZONE, so no need for flood insurance. This stunning 3-bedroom, 2-bathroom home is nestled in the highly desirable SW Cape Coral area. As you step inside, you'll be greeted by natural light flooding the home, highlighting the serene waterfront views right outside your elegant black framed impact windows and doors. The spacious open floor plan seamlessly blends living and dining areas, perfect for entertaining. The elegance of the black accents throughout this home are absolutely stunning--nothing went unnoticed in the design of this home. The kitchen is a chef’s delight with quartz countertops, featuring modern appliances, ample counter space, and a large island. The master suite is a private oasis, complete with an en-suite bathroom with dual sinks and a walk-in shower, 2 closets, and sliders leading out to your backyard paradise. Two additional bedrooms offer plenty of space for family or guests, and the second bathroom offers a beautiful shower/tub combo. Step outside to your expansive screened lanai, where you will enjoy the breathtaking Western Exposure, cotton candy Florida sunsets over the water. The backyard is perfect for outdoor living, with hookups already in place for your outdoor kitchen, room for a pool, fishing, and kayaking or paddleboarding the canals. This location is absolutely superb with 3 convenient exits from your home depending on where you need to go--Chiquita Blvd., Trafalger Pkwy., or Veterans Memorial Pkwy. There is a golf course "practically" in your front yard (Palmetto Pines Country Club), you are half a mile from Fellowship Park which offers a splash pad, playground, and cafe, great schools within a short distance, and of course convenient stores, grocery stores, shopping, and restaurants within minutes (Belk, Farmer Joes, 7Eleven, The Home Depot, Publix, Starbucks, Ginger Bistro, Torched, etc.). We can't forget you're also just a short drive to Matlacha Island where you will find the freshest seafood right off the commercial fishing boats, 9 miles to Fort Myers, and 24 miles to Southwest Florida International Airport. Whether you’re looking for a peaceful getaway or a full-time residence, this waterfront gem offers the best of Cape Coral living. Don’t miss this amazing opportunity to own your slice of paradise! Schedule your showing today.
You may be able to put down less than the total down payment amount of $86,225 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224076653