1112 SE 31st ST, Cape Coral, FL, 33904 | $649,900

Embrace luxury water front living with Gulf access in this newly renovated, fully turnkey home! Located along the serene Riverhead Canal, your boat can stay in the water year-round right outside your back door. With no HOA fees, no rental restrictions, and fantastic past rental income, this property offers great investment potential. Enjoy low taxes, city water & sewer, and being outside of a flood zone-no flood insurance required! No damage from Ian. Relax between income-producing bookings in the open concept living and dining areas. Three spacious bedrooms, two full bathrooms (including a primary ensuite), and coastal-inspired finishes create the perfect retreat. The roof is new (2021), with impact-resistant doors, windows, and garage door. The updated kitchen features high-end appliances, stylish finishes, and a breakfast bar. The brand-new heated saltwater pool (2023) offers a private oasis with a waterfall, LED lighting, and smart system control. Relax and entertain on the new patio, with water views and your private boat dock. With a newly paved driveway, lush landscaping, and classic Florida charm, this home is central to Sanibel, Fort Myers, and Naples beaches. Don't miss this exceptional investment opportunity! Schedule your showing today.

Features

  • Amenities: None
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: CAPE CORAL
  • Year Built: 1979
  • Garage: 2-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 1,535
  • Acreage: 0.24
  • Est. Taxes: $4,817
  • Lot Desc: Cul-De-Sac,Regular
  • View: Canal
  • Community Type: Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Dock Private
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 225033480
  • Website: https://www.raveis.com
    /prop/225033480/1112se31stst_capecoral_fl?source=qrflyer
Copyright © 2025  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Berkshire Hathaway FL Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1112 SE 31st ST, Cape Coral, FL, 33904

$649,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $519,920 $519,920 $519,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.303% 6.510%
Monthly Tax Payment $401 $401 $401
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,286 $3,503 $4,458
Total Monthly Payment $3,779 $3,996 $4,951

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.