ASSUMABLE FHA 4.125% MORTGAGE – NE Cape Coral Pool & Spa Home – Rare Financing Opportunity

Take advantage of a rare assumable FHA mortgage at 4.125%, allowing buyers to lock in below-market financing and start building equity immediately while avoiding today’s higher rates. This 4-bedroom, 2-bathroom pool and spa home is located in Northeast Cape Coral, a growing area in Southwest Florida with easy access to shopping, dining, and waterways.

The home offers resort-style outdoor living with a heated south-facing pool and spa, perfect for enjoying Florida sunshine. The covered lanai includes a kitchen pass-through window for convenient outdoor entertaining. A pool bath adds guest convenience, while the white vinyl privacy fence (2016) provides privacy. The professional irrigation system (2017 & 2021) keeps landscaping lush and maintained.

Recent updates include a new roof (2021), pool pump (2019), well pump (2024), water heater (2019), complete water treatment system with new tanks & salt containers (2018), kitchen water filtration system (2015), septic system maintenance (2024), and exterior paint (2019). The kitchen features updated appliances including refrigerator, microwave, stove, dishwasher, and a newer washer and dryer.

The master suite features luxury vinyl flooring and a private bathroom. The three additional bedrooms require new flooring, providing a value-add opportunity for buyers to customize finishes. The flexible floor plan is ideal for home offices, hobby rooms, guest accommodations, or multi-generational living, and the layout maximizes livable space and functionality.

Value-add opportunity: Carpet in the 3 guest bedrooms and the AC system need replacement—home is priced to reflect these updates, allowing buyers to capture immediate equity while securing below-market financing.

This property is suited for first-time homebuyers, families seeking a pool lifestyle, or retirees relocating to Southwest Florida. Homes with assumable sub-5% FHA financing are extremely rare, giving buyers a financial advantage in today’s market.

Enjoy Cape Coral living with easy access to waterways, the Gulf of Mexico, boating, and fishing. The home combines Southwest Florida pool living, practical upgrades, and below-market financing. Don’t miss the opportunity to own a NE Cape Coral pool home with assumable mortgage and the chance to customize finishes to your preference. Schedule a showing today!