Short Sale. Welcome to 1520 Columbian Dr. , a true boater’s paradise located in the prestigious Punta Gorda Isles community (no HOA fees). Offering a unique blend of privacy and convenience, this extraordinary estate showcases a rare 5-CAR GARAGE along with expansive water views. Situated only 0. 5 miles from Charlotte Harbor, with city-maintained seawalls and only one high-clearance bridge to navigate, you can quickly reach open waters as well as the Gulf of Mexico. Nestled on a massive canal basin, the home enjoys unparalleled water views spanning 300 feet wide by over 800 feet long. The property is positioned on an oversized 0. 42-acre parcel, providing ample space for the substantial 4, 243 sq. ft. footprint comprises of a spacious 2, 230 sq. ft. living area, a 1, 494 sq. ft. garage and a 420 sq. ft. covered lanai. The spacious open floorplan features a great room overlooking the pool with serene views beyond in addition to an informal dining area, a large chef’s kitchen, an executive master bedroom with an ensuite bathroom, two generous size guest bedrooms and an interior laundry room that could double as an office. Perfect for the automobile enthusiast, craftsman, or collector, the gargantuan 5-car garage consists of three different bays, overhead storage and a full-size bathroom. Recent 2023 improvements include a standing seam metal roof, luxury vinyl plank floors in the main living area, designer fixtures, stainless steel kitchen appliances (refrigerator not included), bedroom carpets, guest bathroom vanity, door hardware, refreshed master bathroom cabinets and counters, updated electrical receptacles and switches, epoxy-coated garage floors, and neutral interior and exterior paint. Additional features include a 2024 water heater, circular paver driveway, stamped decking, concrete dock, wood beam cathedral ceiling, crown molding, master bathroom with jetted garden tub and dual vanity, tiled Roman shower, built-in storage, multiple linen closets, breakfast bar and clear view pool cage. Central location offers quick access to waterfront dining, world-class fishing spots, pristine Florida beaches, Punta Gorda Airport (PGD), Charlotte County Event Center, Fisherman’s Village, PGICA Civic Club, golf courses, shopping, live entertainment, Ponce De Leon Park, the downtown historic area, US 41, and I-75.
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Our Executive Mortgage Banker:
Our Insurance Division:
$800,000
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 | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $1,234 | $1,234 | $1,234 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,204 | $5,397 |
Total Monthly Payment | $5,584 | $5,530 | $6,723 |
* 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.