525 SE 27th Ter, Cape Coral, FL 33904

WHITE HOUSE AD A VERY UNIQUE OPPORTUNITY ….MUCH MORE THAN JUST A TYPICAL RESIDENTIAL HOME!!! A completely remodeled 2 story pool home, 3831sf, 5 bedroom, 4 bathroom house, on a 4-lot site (half acre) in the center of Cape Coral. Great location close to Veterans Parkway, just minutes from several beaches and downtown Ft. Myers. Fully furnished! Can be used as a Seasonal Rental, B&B, Assisted Living Facility or a Large Family. Large kitchen with island, all new appliances, adjacent laundry room with new washer and dryer. New marble tile in living areas, 3 living rooms, dining area, very large lanai with new fans/lighting and screens, new screens on the caged pool and spa. Entire property is fenced. Second story is a large master bedroom with built in fireplace, sink and small fridge, large bathroom with dual sinks and oversize shower, two walk-in closets and an small living room or office area. Ground floor also has a built in fireplace, 4 large bedrooms and 3 bathrooms. House has a new roof, new air conditioners (2), and a whole house standby generator (Gas/LP), that will ensure constant power in case of a storm or natural disaster resulting in a neighborhood power outage. This property also has a new lawn with sprinkler system and several fruit trees including Avocado, Papaya, Mangoes and Lemons. This house was originally purchased to become an Assisted Living Facility, all the federal and state safety requirements including a 24/7 Monitored Fire Alarm/Sprinkler System and Exit Lights throughout the home have been installed . It is currently being used for renting individual bedrooms to Traveling Nurses. Plenty of room on the property to add additional living quarters or a very large garage/storage facility. This is a rare purchase where rental income could produce $78,000, or more annually! THIS HOME HAS SO MUCH ROOM/PROPERTY THE POTENTIAL IS ENDLESS. Current mortgage rate is 2.875%, may be assumable. Owner is offering a 3% discount to cash buyer. There are no accurate comparable properties for this home. Currently tenant occupied, need 24 hour notice to show.