ROOMY CONDO FOR BOATERS - QUICK RIVER ACCESS

There has never been a better time to invest in SW Florida property! A combination of low interest rates and recent drop in home values makes this the best time in decades to add to your retirement options.  This property peaked in 2005 in the mid $280's.  Roomy, ideal location, perfect for boaters, and priced to sell. Plenty of free dock space for up to a 30 foot boat. Two bedroom, 2 bath first floor corner condo on a 200 foot wide canal with almost immediate unrestricted access to the river.  Located in River Place (an 8 unit 2-story complex) near the foot of the Cape Coral Bridge. Steps to the heated pool, large lanai, many ceiling fans, and full furnishings down to kitchen utencils are negotiable. Current owners have moved to a single family home in the same area and are anxious to sell. Recent upgrades since 2005 include: New pipes in Feb 05; New water heater in Sep 06; New AC in Dec 05; New neutral 16 inch tile; New air handler in Sep 06; New interior paint. 2007. Property tax was $3303.67 in 2007 and dropped to $1872.00 for 2011.  Condo fee currently $505/mo. while reserves are replenished.  Prospective condo buyers are urged to get details of condo fees, as many condo associations keep the fee artificially low but assess for routine large annual expenses such as insurance.  The fact is, similar condo complexes will have similar expenses, but how the association chooses to pay for them varies widely.  Current owners have just paid for complete renovations to the dock and pool totaling over $110,000.