1429 NW 7th Pl, Cape Coral, FL 33993

This property is available on a rent-to-own basis.PROPERTY IS AVAILABLE FOR FHA OR "RENT/LEASE-TO-OWN" (NOT A REGULAR RENTAL)FHA (Federal Housing Administration):Minimum 580 Credit Score & 3.5% Down Payment$5,215 Down Payment (Seller to pay ALL Closing Costs up to $2,500 if Closing by 10/1/2014)PRICE LISTED IS FOR "NET" (OUT OF POCKET) MONTHLY PAYMENT - see FHA Mortgage math below2005 House - 100% Tiled 3-2-2 on .23 acre.Property price is $149,000.Zillow Values property increasing to $155,170 next year (+10.2% annual appreciation)....instant $6,000+ of Equity !Zillow Value does not include upgrades such as:Tiled Front Porch & Lanai Triple Sliding Glass Back Patio Door to Lanai (opens up the complete back of house, while keeping the bugs out)New Windows ThroughoutVaulted Ceiling as you walk in Entry / Living / Dining RoomWalk-In Kitchen Pantry / Utility / Laundry RoomAppliances (in good condition) Included: Refrigerator, Electric Stove, Microwave, Washer & Dryer, Electric Hot Water Tank, Reverse Osmosis Water Filter under SinkBrand New Enclosed Back Yard Fence -- Perfect for Outdoor Pets and plenty more room for a Large Pool and Garden !3 Bedroom -- 2 Bath -- 2 car attached GarageRe-painted inside & out -- New Tile throughout houseWell Built: CBS Construction with Concrete Slab Foundation w/ Composition Roll Gable RoofForced Air / Central Cooling / Ceiling Fans in good working orderFront of Property faces West (Western Exposure) for beautiful sunsets!No HOA / Association / Subdivision Monthly or Maintenance Fees, nor RestrictionsSchools:Hector A. Cafferata Junior Elementary (1.7 miles)Mariner Middle & High School (1.4 miles)Coral Oaks Golf Course (3.8 miles)Matlacha Pass Aquatic Reserve (6.0 miles)Legal:CAPE CORAL UNIT 38 BLK 2652 PB 16 PG 97 LOTS 29 + 30Lee County Assessor (Folio) Number:02-44-23-C1-02652.0290100% Clean Title.Currently Leased Out for $1,195 / moMay be Owner Occupied when current Tenant Lease expires or with 30 Day Notice.Taxes $1713/yr (2013) - City & County combined (Total) w/o the Homestead Exemption (which will significantly lower amount)Insurance $451/yr (2013)Mortgage Payment (based on 5.0% Current Rate):$772 / mo (30 Yr Amortized)$179 / mo Taxes & Insurance$951 / mo Total Payment2.5% Buyer's Agent Commission Available.BONUS: Seller to pay ALL Closing Costs (up to $2,500 if Closing by 10/1/2014) - No Mortgage Discount Points in this offer.Average Closing Costs in Lee County, FL is $2,009 (according to BankRate.com)Property is currently tenant occupied / No Sign in YardPlease DO NOT Disturb Tenant!Showings REQUIRE:1) Proof of Funds / Pre-Approval Letter2) Minimum 24 Hour Notice & Appointment OnlyTime of Closing / Possession: NegotiableLease Purchase or Lease Option available with 10%+ Down Payment.Owner Carry with 20%+ Down PaymentInquires to "David"fortmyersrent "At" G-M-A-I-L "Dot" com 310 Area Code579-2895 Directions:Pine IslandNorth on Nicholas Parkway NW Right Nelson NRight NW 13th StLeft on 7th PlaceHouse on rightPROPERTY IS AVAILABLE FOR "FHA or VA Loan" OR "RENT/LEASE-TO-OWN" (NOT A REGULAR RENTAL)FHA (Federal Housing Administration) / VA (Veterans Affairs) Financing:Minimum 580 Credit Score & 3.5% Down Payment$4.865 Down Payment (Seller to pay ALL Closing Costs up to $2,000 if Closing by 2/1/2015)PRICE LISTED IS FOR "NET" (OUT OF POCKET) MONTHLY PAYMENT - see FHA / VA Mortgage math below2005 House - 100% Tiled 3-2-2 on .23 acre.Property price is $139,000.Z-I-L-L-O-W Values property increasing to $155,170 next year (+10.2% annual appreciation).... quick $16,000+ of Equity !Z-I-L-L-O-W Value does not include upgrades such as:Tiled Front Porch & Lanai Triple Sliding Glass Back Patio Door to Lanai (opens up the complete back of house, while keeping the bugs out)New Windows ThroughoutVaulted Ceiling as you walk in Entry / Living / Dining RoomWalk-In Kitchen Pantry / Utility / Laundry RoomAppliances (in good condition) Included: Refrigerator, Electric Stove, Electric Hot Water Tank, Reverse Osmosis Wate