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$365,000

Beds
3
Baths
2.0
sq ft
1,300

508 NW 1st St, Cape Coral, FL 33993

508 NW 1st St

Cape Coral, FL 33993

  • 50 days on market
    • Price drop $5,000↓
Prime Cape Coral Location! No Flood Zone, City Water & Sewer, Close to Shopping & Dining This stunning 2023-built home is an excellent opportunity for first-time buyers or savvy investors. Nestled in a prime location in Cape Coral, it offers unmatched convenience just a couple of blocks from Pine Island Road, the hub of major attractions, shopping, dining, and exciting new developments as the city continues its rapid growth. Best of all, it’s not situated in a flood zone, which means no requirement for flood insurance, and it’s connected to central water and sewer—no hassle of well or septic systems here! Inside, you’ll find a thoughtfully designed layout featuring 3 bedrooms and 2 bathrooms, perfect for comfortable living or rental potential. One of the standout features of this home is that it’s completely carpet-free! Enjoy the ease of maintenance and durability of hard flooring throughout, perfect for those with allergies, pets, or anyone who prefers a cleaner, more modern look. Combined with sleek granite countertops in the kitchen and bathrooms, this home offers both style and practicality. Whether you’re looking to call it home or capitalize on Cape Coral’s booming market, this property offers unbeatable value and potential.

Details

Property type

Single Family Residence

Est. home value

$363,005

Lot size

0.23 acres

Price per sq ft

$281

Year built

2023

Annual property taxes

$3,457.69

HOA

No

Price History

12/05/2024

FGCMLS #224095347

Price change
$365,000
-1.35%
11/23/2024

FGCMLS #224095347

Listed
$370,000
+5.74%
03/07/2023

FGCMLS #222083583

Sold
$349,900

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

March 2023

Original loan amount

$343,561

Est. remaining balance

$335,843

Interest rate

6.15%

Loan type

FHA, 30 year

Seller

Steven Rinz and Nicole Rinz

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$343,561

Est. remaining balance

$335,843

Interest rate

6.15%

Loan type

FHA, 30 year

Seller

Steven Rinz and Nicole Rinz

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: 01/12/2025 at 8:40 AM

Listing updated: 12/05/2024 at 9:45 PM

Listed by: Danny Pool, Realty One Group MVP Phone #: (800) 896-8790

MLS: FGCMLS #224095347

FGCMLS logo

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