11007 & 11011 Palmerston AVENUE, Punta Gorda, FL, 33955 | $449,000

THE PROPERTY IS A TOTAL OF ROUGHLY 2. 23 ACRES OF LAND.
SITUATED AT THE END OF THE ROAD IN A QUIET RESIDENTIAL SETTING, FRAMED WITH A LARGE LAKE TO ONE SIDE AND A WOODED PROPERTY ON THE OTHER, OFFERING GREAT PRIVACY.
BRAND NEW BEAUTIFUL LARGE HOME BUILT DIRECTLY ACROSS THE STREET FROM PROPERTY.
PROPERTY CONTAINS 2 ADJACENT PARCELS 11007 & 11011 PALMERSTON AVE.
PARCEL IDS 412334126011 & 412334126010.

CURRENTLY ON SITE IS A COMPLETEY REMODELED (2021) 1br/1ba SINGLE WIDE TRAILER with 600sq ft under ac and total of 1100 (12’ X 42’) WITH SCREENED IN PORCH, AND A NEWLY BUILT (2021) CHIC, LOFT STYLE TINY HOUSE with 300 sq ft under ac and total of 500
NEW WELL AND WELL EQUIPMENT INSTALLED 2021.
BRINGING IN $2350/mo. WHEN FULLY RENTED.

ZONING CODE MHC, ALLOWS FOR 5 HOMES PER ACRE.
THIS IS AN OPPORTUNITY TO PLACE MULTIPLE MANUFACTUED HOMES ON SITE (PENDING COUNTY APPROVAL).
GREAT CASH FLOW AND INFLATION HEDGE POTENTIAL!!
BUYER TO COMPLETE ALL DUE DILIGENCE.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 134 x 358
  • Laundry: Inside
  • Year Built: 2022
  • Heating: Electric
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Approx Sq. Feet: 900
  • Acreage: 1.1
  • Lot Size: 134 x 358
  • Est. Taxes: $3,230
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • MLS#: T3528188
  • Days on Market: 171 days
  • Website: https://www.raveis.com
    /prop/T3528188/11007and11011palmerstonavenue_puntagorda_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 11/26/2024 2:16:25 AM)
Listing courtesy of Sun Realty   Phone: 877-649-1990

William Raveis Family of Services

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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

860.690.5052

Robert.Reade@raveis.com

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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11007 & 11011 Palmerston AVENUE, Punta Gorda, FL, 33955

$449,000

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 $359,200 $359,200 $359,200
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 7.477% 7.055% 6.256%
Monthly Tax Payment $269 $269 $269
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,390 $2,360 $3,029
Total Monthly Payment $2,734 $2,704 $3,373

* 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.