Location, Location, Location! Situated south of Cape Coral Parkway and just minutes from Cape Harbour, this impeccable home sits in one of the most desirable and convenient areas of Cape Coral. Less than one mile from Lobster Lady, the Chabad Center, popular shops, restaurants, and Publix, this location offers unmatched convenience and access to everything you need. Fully furnished, turnkey, and truly move-in ready, this residence has been beautifully remodeled with sophistication, comfort, and attention to detail throughout. From the moment you arrive, you’ll appreciate the brand-new roof, brick-paver driveway, and elegant wrought-iron double-door entry with a screened sitting area—perfect for enjoying evening sunsets. The property is surrounded by beautiful palm trees, creating that authentic Florida tropical atmosphere. Inside, the home features tile flooring throughout, custom wainscoting wall trim, and an open, airy layout filled with natural light. The chef-inspired kitchen offers: A massive quartz island with seating for multiple guests Gold sink with touchless faucet Stunning cabinetry with abundant storage Stainless steel appliances Sophisticated lighting and finishes throughout The guest bedrooms are stylish and inviting, while the guest bathroom includes a quartz vanity, upgraded cabinetry, and a walk-in shower with direct access to the backyard—perfect for entertaining or future pool plans. The spacious master suite features high ceilings, a custom decorative accent wall, and pocket sliding doors to the lanai for indoor outdoor living. The spa-inspired master bathroom includes: Beautiful soaking tub Frameless glass shower with tile surround His-and-her sinks Elegant fixtures and finishes Your private fenced-in backyard oasis includes: Brick-paver lanai Wood-paneled ceiling with fan Brand-new jacuzzi Electric retractable awning Beautiful palm trees and lush tropical landscaping Ample space for outdoor dining, relaxing, or entertaining Additional highlights include hurricane-impact windows and sliders, newer mechanicals, and thoughtful upgrades throughout. This home is fully ready for sale and is simply waiting for that special buyer seeking the utmost sophistication, relaxation, and turnkey luxury. It would also make an exceptional vacation rental, with everything already in place—just bring your toothbrush. Located less than a mile from restaurants, shopping, Publix, Lobster Lady, the Chabad Center, and moments from Cape Harbour’s dining, entertainment, and marina, this home blends elegance, convenience, and modern Florida living. Thank you for viewing this exceptional property—come see it in person and fall in love.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
