829 NW 33rd Pl, Cape Coral, FL 33993
3 beds · 2 baths · 1,918 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Waterfront Paradise in Cape Coral: Your Gateway to the Gulf Lifestyle Welcome home to your Gulf-access waterfront retreat at 829 NW 33rd Pl, nestled in the heart of Cape Coral’s most desirable boating community. This meticulously updated 3-bedroom, 2-bathroom ranch-style home offers 1,918 square feet of exceptional Florida living, perfectly suited for those seeking a premium waterfront lifestyle, second home, or lucrative vacation rental. Boating enthusiasts rejoice! Enjoy canal frontage on Caravan Canal with a 7,500-pound boat lift and cantilever dock, fully equipped with water and electric, providing a seamless transition to your boating adventures. With just one bridge at 10-foot clearance, it's a leisurely 45-minute ride to Matlacha Pass, opening the gateway to Pine Island Sound, Boca Grande, Captiva Pass, and the pristine beaches of Cayo Costa. Dock at iconic local hotspots like Cabbage Key, Mangos, or savor fresh seafood with live music at Miceli’s. Indulge in exceptional outdoor living with a spacious covered lanai overlooking your private, heated pool, all enclosed within a generous screen cage—perfect for year-round enjoyment and entertaining friends or family. The lush, landscaped yard features a recently updated irrigation control system (2019) and is securely bordered by 175 feet of stylish black vinyl-coated chain-link fencing with dual gate access. Inside, luxury abounds with brand-new Chesapeake Oak COREtec flooring (2024) throughout the home, complementing the elegant crown molding in every room. The beautifully renovated kitchen boasts premium countertops, modern sinks, and sleek stainless-steel appliances. Both bathrooms have been fully updated, showcasing granite countertops, glass shower enclosures, new tilework, and contemporary vanities accented by tasteful vertical tile detailing. Enjoy modern conveniences with electric blinds in the master suite, manual blinds throughout other rooms, and a state-of-the-art Culligan water treatment system (installed 2018). Essential home updates include a new roof with a transferable warranty (2022), hurricane-rated garage door with silent belt opener (2022), complete AC system replacement (2020), and a recently replaced stylish front door (2023). Golf lovers will appreciate proximity to Coral Oaks Golf Course, just five minutes away, and Cape Royal Golf Club, featuring a spectacular 27-hole course, only fifteen minutes from your doorstep. Don't miss the chance to live, invest, or vacation in this exceptional waterfront home designed to perfectly embody Florida’s vibrant, laid-back boating and golfing lifestyle.
Source: FORTMYERS #225034712
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 #225034712
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 and Equal Opportunity Act.