JUST REDUCED-GULF COVE WATERFRONT HOME! Located on the Boyle Waterway, this lovely, spacious 3 bedroom, 2 bath home, you have direct access to the Myakka River. Whether you enjoy fishing or just cruising, you can have it all. You can head north on the Myakka to take in the flora & fauna, or you can head south towards Charlotte Harbor & have a meal at Fisherman's Village or head west to Boca Grande Pass, the tarpon fishing capital. No lock system to delay your travels. Upon entering the home through the double glass front doors, you will be greeted by a great view straight out to the water. In most of the rooms, sliding glass doors pocket back to allow you to expand the home into the outside. High ceilings throughout create a light & airy feeling. There is plenty of storage, with walk in closets in all 3 bedrooms, a pantry in the kitchen, a wet bar with plenty of cabinets in the family room. The pass-thru in the kitchen makes it perfect for entertaining. The inside laundry room features a storage closet as well as a utility sink. And there is even more storage in the large 2 car garage. The master bedroom features a his and hers walk in closet as well as an en suite bath, with dual vanities, a soaking tub, walk in shower and linen closet. New room in 2021, new soffits & gutters in 2023 and new hot water heater. Gulf Cove offers a community boat ramp and park for property owners only and is only a few blocks away. The optional yearly fee for membership in the HOA is only $75 and an additional fee of $75 for the boat ramp accessibility. Gulf Cove is located on the Myakka River, between Port Charlotte & Englewood, making shopping, dining, golfing and the beaches a short trip. Check out this beautiful home in one of Charlotte County's best kept secret-GULF COVE!
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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 | $559,200 | $559,200 | $559,200 |
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 | $346 | $346 | $346 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,674 | $4,716 |
Total Monthly Payment | $4,158 | $4,112 | $5,154 |
* 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.