Motivated Sellers! Fixer Upper Lake front home with historic Florida charm! Nestled along the serene shores of a picturesque lake, this 1905 Florida-style residence invites you to embrace a lifestyle of tranquility and natural beauty. Boasting 2 bedrooms, 2 baths, 1200+ sq ft and a converted garage space, this home offers a unique blend of vintage character with historic charm.
Step into a lush oasis of greenery as you explore the overgrown landscaped grounds adorned with an abundance of fruit trees and native exotic plants, creating a botanical paradise in your backyard. Inside, features the classic original wood floors, French doors, wood moldings, and a cozy fireplace, perfect for creating warm gatherings on cool evenings.
The kitchen showcases granite countertops and offers sliding glass doors to the backyard. While this gem is a fixer-upper in need of some tender loving care and repairs, envision the opportunity to transform it into your dream retreat.
Conveniently located close to downtown Punta Gorda, you'll find yourself immersed in a vibrant community offering an array of attractions including farmers markets, boat ramps, restaurants, shopping boutiques, hospitals, and more. Embrace the laid-back Florida lifestyle with easy access to all amenities while relishing the peaceful ambiance of lakefront living.
This unique property is serviced by city water and septic, and electricity is already hooked up. Converted Garage has workshop and water hookups. Don't let this opportunity slip away – seize the chance to breathe new life into this one-of-a-kind home, turning it into a true masterpiece tailored to your vision. Explore the endless possibilities and make this historic gem your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 | $128,000 | $128,000 | $128,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $169 | $169 | $169 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $852 | $851 | $1,098 |
Total Monthly Payment | $1,096 | $1,095 | $1,342 |
* 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.