Let's get creative and potentially more affordable! What if.... ** should the buyer decide to finance** the seller will consider buying down the best interest rate the buyer can find by .25%. How does this work? As an example; - at a selling price of $650k and a downpayment of 20% (eliminating the requirement of private mortgage insurance), would leave a mortgage loan balance of approximately $540k. A 30-year loan at 6.875% would mean an approximate monthly payment of $3,426 principal and interest. Buying down the interest rate .25% changes the loan interest rate from 6.875% to 6.625 % yielding a loan monthly payment of approximately $3,380.00 per month (p&i). The result is a savings of $46 per month. So, over the 30-year life of the loan, $46 x 12 months = $522.00 annually x 30 years = $16,500.00 that might be realized in savings should the mortgage stay in effect for 30 years.
step nto this masterpiece a beautifully, professionally updated condo in one of the most desirable sw cape coral areas that overlooks marina and waterfront views and breathtaking sunsets you can enjoy from not one, but two balconies – one screened-in for ultimate comfort.
for your peace of mind, the unit features a newer ac and water heater, plus a full-house water purification system.
the spacious master bath boasts dual sinks for added convenience, and the walk-in closets are complete with built-in shelving to keep you organized.
when you're not relaxing at home, take a dip in the community pool overlooking the marina, or stroll to nearby restaurants, coffee shops, entertainment venues, and boutique shopping. This condo truly offers the perfect blend of comfort, convenience, and florida lifestyle living!
conveniently located to downtown cape coral, it's shopping, restaurants and entertainment venues. You are also located within an hours driving distance from both ft. Myers international airport and the punta gorda airport. Waterfront and marina views, await your upscale florida living enjoyment!
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Skip Kitchen • Miloff Aubuchon Realty Group • Buyer Agency Compensation .
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