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ASSUMABLE FHA 4.125% MORTGAGE – NE Cape Coral Pool & Spa Home – Rare Financing OpportunityTake 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!
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Additional Information:
Building Description: Ranch, One Story
MLS Area: Cc31 - Cape Coral Unit 17, 31-36,
Total Square Footage: 2,153
Total Floors: 1
Water: Well
Construction: Block, Concrete, Stucco
Short Sale: No
Date Listed: 2025-10-13 16:17:56
Pool: Y
Pool Description: Concrete, Electric Heat, Heated, In Ground, Outside Bath Access, Pool Equipment, Screen Enclosure, Pool Spa Combo
Private Spa: Y
Furnished: Partially
Windows: Double Hung, Shutters, Window Coverings
Parking: Attached, Driveway, Garage, Paved, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Carpet, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Ceiling Fans, Electric
Storm Protection: Shutters
Security: Smoke Detectors
Laundry: Inside
Irrigation: Well
Pets: Yes
Restrictions: No Rv
Sewer: Septic Tank
Lot Desc.: Rectangular Lot
Amenities: None
Map of 334 Ne 17Th St, Cape Coral, FL 33909
Listing Courtesy Of: Dalton Wade Inc
elaineveasyrealtor@gmail.com