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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!
Property Details
Price: $379,000
Sq Ft: 1,718
($221 per sqft)
Bedrooms: 4
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.23
Virtual Tour/Floorplan:
View
Year Built: 2007
Listing Number: 2025008419
Status Code: Pending
Taxes: $5,852.21
Tax Year: 2024
Garage:
2
/
Attached
Furnishings: Partially
Pets Allowed: Yes
Interior Features:
Smoke Detectors
Volume Ceiling
Walk-In Closet(s)
Window Coverings
Amenities:
None
Financial Information:
Taxes: $5,852.21
Tax Year: 2024
Exterior Features:
Screened Lanai/Porch
Equipment:
Auto Garage Door
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
View:
Pool/Club
Additional Information:
Building Design: Single Family
Community Type: No Subdivision, Non-Gated
MLS Area: Cc31 - Cape Coral Unit 17, 31-36,
Price per Square Feet: $220.61
Total Floors: 1
Water: Well
Construction: Concrete Block, Stucco
Foreclosure: No
Short Sale: No
Date Listed: 2025-10-13 00:00:00
Pool: Yes
Pool Type: Pool/Spa Combo, Below Ground, Concrete, Equipment Stays, Electric Heat, Poo
Pool Description: Pool/Spa Combo, Below Ground, Concrete, Equipment Stays, Electric Heat, Pool Bath, Screen Enclosure
Private Spa: Yes
Furnished: Partially
Kitchen Description: Island
Windows: Window Coverings
Parking: Driveway Paved, Attached
Garage Description: Attached
Garage Spaces: 2
Flooring: Carpet, Tile
Roof: Shingle
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Fireplace: No
Storm Protection: Shutters
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: Well
55+ Community: No
Pets: Yes
Restrictions: No Rv
Maintenance: None
Rear Exposure: S
Sewer: Septic Tank
Lot Desc.: Regular
Amenities: None
Map of 334 17Th St Ne, Cape Coral, FL 33909
Listing Courtesy Of: Dalton Wade Inc
ElaineVeasyRealtor@gmail.com