21306 Stillwater AVENUE, Port Charlotte, FL, 33952 | $529,000

Lucrative investment opportunity located in the heart of Port Charlotte! This well maintained 3-unit property offers strong investment potential with the Opportunity to realize significant upside potential. Conveniently located within walking distance to hospitals, shopping, dining and only a short drive to all other Charlotte County amenities. The two first floor units each feature 2 bedrooms, a full bath with closet laundry hook ups, living room, dining area, nicely equipped kitchen, lanai, great closet space throughout and a 1 car garage. Additionally, they are equipped with central air, and water heater providing individualized comfort and control. The left unit has a screened lanai, and the right unit has a fully enclosed lanai with access to a large concrete patio in the fenced back yard. The second floor Studio apartment enjoys sunlight and views from three sides of the large main room. The kitchen features a breakfast bar and ample cabinet space. Additional features include a walk-in closet, full bath, laminate flooring, and an assigned parking space. The electric panels have all been updated, and Roof was replaced in 2022. Great first investment or to add to your portfolio! Currently fully leased so you can start earning right away.

Features

  • Units: 3
  • Lot Size: 80100
  • Laundry: Laundry Closet
  • Year Built: 1970
  • Garage: 2-car Driveway, Garage Door Opener, Ground Level, Off Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,411
  • Acreage: 0.18
  • Lot Size: 80100
  • Est. Taxes: $5,230
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: C7492798
  • Days on Market: 191 days
  • Website: https://www.raveis.com
    /prop/C7492798/21306stillwateravenue_portcharlotte_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 12:17:14 PM)
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY   Phone: 941-627-3321

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

21306 Stillwater AVENUE, Port Charlotte, FL, 33952

$529,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $423,200 $423,200 $423,200
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 $436 $436 $436
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,816 $2,813 $3,629
Total Monthly Payment $3,344 $3,341 $4,157

* 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.