1519 NE 36th LN, Cape Coral, FL 33909

$399,900 Asking Price

4 beds
2 baths
1,921  sqft
Built in 2024

NEW CONSTRUCTION. SPECIAL 100% FINANCING OPPORTUNITY FOR FIRST-TIME HOMEBUYERS! Ask for details. Qualified Buyers can take advantage of several down payment assistance programs, which, combined with FHA financing, could mean that you can purchase this home with no money down. Two of the programs even allow for forgiveness of the loans, which could mean an added savings for you!* And since this is a brand new home it offers much more affordable homeowners insurance compared to other properties. Also, since it is NOT in a flood zone that means you save even more. No HOA fees here either. And while you can certainly find cheaper, lower-grade smaller homes, you simply won’t find all the features this one offers in this price range. For starters, it comes with a wonderful canal front setting, quartz countertops and 36” wood cabinets with soft-close cabinets and dovetail drawers. The bathroom vanities also feature quartz tops and unlike entry-level builders, there’s no cheap plastic showers here- check out the primary bathroom in this one with double sinks, a full tiled shower and two generous size closets with pocket doors. It also features four full-size bedrooms plus a bonus room that could be used as a den, an extra sitting area or whatever best suits your needs. Tall ceilings, luxury vinyl flooring throughout, paver stone driveway and paver lanai and great hurricane protection courtesy of the impact grade windows and doors. Even the triple slider is hurricane rated- something you don’t usually find in this price range home. The garage is also oversized at 23’5” x 22’ and features a taller 8’ door, so you can actually fit 2 vehicles in this one! Stainless steel appliances, a large kitchen island, an oversized pantry and a nice size, under truss lanai too. You’ll have a very hard time replicating this home for under $400k making this one a great deal without the long wait! Most new construction homes with this level of upgrades run about $240/ft or more. But this is your opportunity to buy for only $208/ft! That’s a great price. Investors take note as well: This one is an excellent candidate for a 1031 exchange too, with rents projected to be around $2400/month. Several more of these are nearing completion (all on canals) so if you want a slightly different location or are looking to purchase multiple homes let’s talk further! Construction on this home has just completed so come check it out while it’s still available! (*subject to qualifying. Forgiveness is subject to the specific terms of the loans). Some photos are of a fully completed version of this same home, but without the added bonus of the canal out back. Some photos also include virtual staging, for visualizing what you could do with the space.


Features & Amenities

Interior

General:
Built-In Cabinets, Pantry, Smoke Detectors, Walk-In Closet(s)
Kitchen:
Island, Pantry
Appliances:
Dishwasher, Microwave, Range, Refrigerator/Icemaker, Water Treatment Owned
Dining:
Breakfast Bar, Dining - Living, Eat-in Kitchen
Laundry:
Washer/Dryer Hookup, Laundry in Residence
Flooring:
Vinyl
A/C:
true, Central Electric
Heating:
true, Central Electric

Exterior

General:
Open Porch/Lanai
Style:
Ranch, Florida, Single Family
Parking:
Attached, Parking spaces: 2

Construction

Roofing:
Shingle
General:
Concrete Block, Stucco, 1, Concrete Block

Location

HOA Amenities:
See Remarks, 0.0
Originating MLS:
Florida Gulf Coast
County:
Lee

Lot

Zoning:
R1-W
View:
Canal, Water, View
Restrictions:
No Commercial, No RV

Utilities

Water:
Well
Sewer:
Private Sewer,Septic Tank

Financial

Source:
Florida Gulf Coast
Listing Agent Compensation:
2.5%
Buyers Agent Compensation:
2.5%

This listing courtesy of:
Premiere Plus Realty Company

About Cape Coral, FL

Housing

Number of Units
98,584
Median Home Value
$257,958
Median Rent
$1,134

21.98% of housing units are renter occupied.

14.00% are vacant.

Commute

Car
71.53%
Public Transportation
0.18%
Walk to Work
0.98%
Work from Home
26.12%
Other
0.78%

The median travel time to work is 22 minutes.

People

Population
208,767
Median Age
46.70
Median Household Size
2.67

Education

High School
37.07%
Associate’s Degree
8.82%
Bachelor’s Degree
15.87%
Graduate Degree
8.41%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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