**Extremely Motivated Seller** Welcome to your oasis in the sought-after gated community of Suncoast Lakes, ideally located in Port Charlotte, FL. , where affordable living still exists. This wonderful waterfront residence has had only one owner and offers a perfect blend of comfort and convenience, making it the ideal place to call home. No flood insurance is required for this property, providing additional peace of mind. Additionally, the roof was replaced in 2023, ensuring years of worry-free living. With the must-have open floor plan, featuring 4 bedrooms and two baths, this home provides ample space for relaxation and entertaining. Located on the lake and just three houses away from the heated community pool and park, you'll have endless opportunities for recreation and leisure right at your fingertips. Whether you're enjoying fishing in the backyard, a refreshing swim, a leisurely stroll around the park, or simply basking in the Florida sunshine, there's something for everyone to enjoy in this vibrant community. Plus, with the added bonus of mango trees, a banana tree, and a June plum tree in the backyard, you'll have your very own tropical paradise right outside your door. Beyond the community, adventure awaits! Explore the historic charm of Punta Gorda, soak up the sun on pristine beaches, or indulge in world-class amenities at the New Sunseeker Resort, all just a short drive away. Don't miss your chance to own this slice of paradise in Suncoast Lakes. Schedule your viewing today and experience the best that Florida living has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 | $280,000 | $280,000 | $280,000 |
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 | $177 | $177 | $177 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,886 | $1,861 | $2,361 |
Total Monthly Payment | $2,138 | $2,113 | $2,613 |
* 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.