tomo logo

$1,475,000

Beds
5
Baths
3.0
sq ft
2,852

16 NW 38th Pl, Cape Coral, FL 33993

16 NW 38th Pl

Cape Coral, FL 33993

  • <1 day on market
NO FLOODING AND ASSUMABLE VA LOAN UNDER 3.5%!!!!!!! A rare custom home that is one of a kind - highly upgraded throughout and a true guest home that is both private from the home, yet accessible from the back screened in pool area! If you work from home, need a studio, separate living space for family/friends then this home is PERFECT! Inside, discover the perfect blend of elegance and waterfront living in this beautiful 4-bedroom, 2-bathroom home PLUS a detached 1-bedroom, 1-bathroom guest home, for a total of 5 Bedrooms and 3 baths! Designed for effortless indoor-outdoor living, the open-concept floor plan features coffered ceilings, custom wood craftsman style accents abundant natural light, and breathtaking canal views. Corner sliding glass doors fully open, creating a seamless transition between the interior and outdoor living areas, allowing for refreshing coastal breezes. The gourmet kitchen is a chef’s dream, featuring Quartz countertops, stainless steel appliances, custom cabinetry, and a breakfast bar overlooking the spacious living and dining areas—perfect for entertaining. The split-bedroom layout ensures privacy, with the primary suite serving as a true retreat. This luxurious space boasts a spa-like en-suite bathroom complete with a wrap-around walk-in shower, a separate soaking tub, dual vanities, and an oversized walk-in closet. The additional bedrooms are generously sized, offering comfort for family and guests. The home features a screened-in pool and lanai, creating the perfect space for relaxing, entertaining, or soaking in picturesque canal views and stunning Florida sunsets. The fully detached 1-bedroom, 1-bathroom guest house provides complete privacy and flexibility—ideal for extended family, guests or a home office. Located in a quiet yet convenient area, this home is just minutes from shopping, dining, golf courses, parks, and some of the best boating and fishing spots in Southwest Florida. Whether you're seeking a full-time residence, a vacation getaway, or an income-producing investment, this exceptional property delivers the best of Florida living. Don’t miss this rare opportunity!

Details

Property type

Single Family Residence

Lot size

0.23 acres

Price per sq ft

$518

Year built

2022

Annual property taxes

$15,734.94

HOA

No

Price History

04/02/2025

FGCMLS #225026940

Listed
$1,475,000
+839.49%
03/12/2021

FGCMLS #220052312

Sold
$157,000
+106.58%
07/24/2017

FGCMLS #217007618

Sold
$76,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rocket Mortgage Llc

Loan start date

January 2024

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

7.03%

Loan type

Stand Alone Second, 20 year

Seller

Kenneth Adam Marlowe and Debra Gail Marlowe

Lender

Rocket Mortgage Llc

Loan start date

January 2024

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

7.03%

Loan type

Stand Alone Second, 20 year

Seller

Kenneth Adam Marlowe and Debra Gail Marlowe

Lender

Crosscountry Mortgage Llc

Loan start date

March 2021

Original loan amount

$792,825

Est. remaining balance

Not provided

Interest rate

2.77%

Loan type

Building or Construction Loan, 30 year

Seller

Kenneth Adam Marlowe and Debra Gail Marlowe

Lender

Crosscountry Mortgage Llc

Loan start date

March 2021

Original loan amount

$792,825

Est. remaining balance

Not provided

Interest rate

2.77%

Loan type

Building or Construction Loan, 30 year

Seller

Kenneth Adam Marlowe and Debra Gail Marlowe

Lender

Crosscountry Mortgage Llc

Loan start date

March 2021

Original loan amount

$792,825

Est. remaining balance

$721,090

Interest rate

2.77%

Loan type

VA, 30 year

Seller

Kenneth Adam Marlowe and Debra Gail Marlowe

Lender

Crosscountry Mortgage Llc

Loan start date

March 2021

Original loan amount

$792,825

Est. remaining balance

$721,090

Interest rate

2.77%

Loan type

VA, 30 year

Seller

Kenneth Adam Marlowe and Debra Gail Marlowe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 2:30 PM

Listing updated: 04/02/2025 at 5:15 PM

Listed by: Char Seuffert, Re/Max Sunshine Phone #: (239) 790-1177

MLS: FGCMLS #225026940

FGCMLS logo

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