Under contract-accepting backup offers. Welcome to your charming TURNKEY FURNISHED 1-bedroom, 1-bathroom condo with a brand NEW 2024 AC unit and Electrical Panel. Affordable living in the heart of Punta Gorda, where comfort meets convenience. This cozy residence invites you into an open living space seamlessly integrating the living room, dining area, and kitchen, creating a warm and inviting atmosphere for everyday living. The kitchen, though boasting a touch of vintage charm with older counters and cabinets, provides functionality with a pantry closet and a convenient breakfast bar. The full bathroom, while showcasing a classic aesthetic, offers all the essentials you need. The generously sized bedroom is a retreat of its own, accommodating a king-size bed comfortably. The built-in closet adds a practical touch, providing ample storage space for your wardrobe and personal belongings. This condo comes complete with a separate storage building, offering additional space for items you want to keep tucked away. The on-site laundry facility adds to the convenience, making household chores a breeze. One of the highlights of this property is its proximity to the vibrant amenities of historic downtown Punta Gorda. Enjoy strolls through charming parks, explore the scenic waterfront, indulge in boating adventures, Golf and savor the culinary delights of local restaurants – all within reach of your new home. Whether you're a first-time buyer, downsizing, or seeking a vacation retreat, this Punta Gorda condo offers a unique blend of character, convenience, and accessibility to the best the area has to offer. Embrace the laid-back lifestyle and make this charming condo your piece of paradise in Punta Gorda.
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Our Executive Mortgage Banker:
Our Insurance Division:
$120,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $96,000 | $96,000 | $96,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $125 | $125 | $125 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $663 | $647 | $817 |
Total Monthly Payment | $863 | $847 | $1,017 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.