HANDYMAN SPECIAL! Welcome to this 4-bedroom, 1-bathroom home nestled in the serene Peace River Shores community of Punta Gorda. Brand New Roof 2024. A/C just serviced with a new hi-efficiency blow motor. This property offers a unique opportunity for those with a vision and a knack for DIY projects. With 1, 200 square feet of living space and situated on a sprawling 30, 000 square foot corner lot, this home promises both space and potential. The interior of this home is a blank canvas, ready for your personal touch. The spacious living room greets you at the front of the house, providing a welcoming atmosphere for family gatherings and relaxation. The galley-style kitchen, complete with a pantry closet and an abundance of counter and cabinet space, is perfect for culinary enthusiasts. The kitchen also includes all appliances, making it ready for your customization. Adjacent to the kitchen is the dining room, positioned at the back of the home, which leads to a large, versatile bonus room. Originally a single-car garage, this space can be easily converted back or repurposed to suit your needs. Each of the four bedrooms features built-in closets, offering ample storage and personal space for every member of the family. The bathroom is equipped with a convenient walk-in shower, adding to the home’s functionality. Additional highlights include a laundry room complete with a washer and dryer, making chores a breeze. The property is shaded by numerous trees, providing a tranquil, private setting to enjoy the outdoors. Whether you envision creating a beautiful garden, installing a pool, or simply enjoying the open space, this property offers the flexibility to turn your dreams into reality. Located in the highly desirable Peace River Shores community, this home is ideally situated for boating enthusiasts. The area offers direct access to the Peace River and Jim Long Lake, making it easy to dock your boat and sail downstream to Charlotte Harbor and the Gulf of Mexico. Bring your creativity and make this house your home in a vibrant and welcoming community. Schedule a visit today to explore the potential this property holds!
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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 | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $296 | $296 | $296 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $965 | $952 | $1,208 |
Total Monthly Payment | $1,336 | $1,323 | $1,579 |
* 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.