2133 SW 5th Ave Cape Coral, FL 33991
Your savings
About this home
This well-kept pool home in Southwest Cape Coral offers a rare mix of updates, privacy, and value. Recent improvements include a new roof and HVAC system in 2023, along with fresh interior paint and new butcher block countertops in 2024. The home has hard surface flooring throughout and vaulted ceilings in the main living area, giving it an open and comfortable feel with no carpet anywhere. The layout is practical and efficient, with the kitchen opening to the dining and living spaces so natural light flows easily through the home. Ceiling fans in the living room and primary bedroom add to the comfort and help keep energy costs low. Step outside to a screened-in pool area that feels private and quiet thanks to mature landscaping and a six-foot wood fence surrounding the backyard. There are easy steps leading into the pool, plenty of room for seating, and a peaceful setting that makes the space feel like your own retreat. The front landscaping was refreshed in 2024, adding strong curb appeal to the home’s classic vinyl siding and clean, timeless look—different from the Mediterranean-style homes common in the area. The property is connected to city water and sewer, with all assessments paid, and it’s located in a non-HOA neighborhood with no deed restrictions. The home sits in a convenient part of Southwest Cape near Veterans Parkway, Surfside Boulevard, and Chiquita Boulevard, offering quick access to restaurants, shopping, and schools. Not located in a flood zone, this home combines low maintenance with peace of mind and everyday comfort. With major updates already complete, a private pool setting, and a great location, it stands out as one of the best overall values currently available in the area.
Source: FORTMYERS #2025015399
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.