TURNKEY FURNISHED COASTAL COTTAGE on 2. 5 LOTS in DOWNTOWN PUNTA GORDA READY FOR YOU TO MOVE RIGHT IN! This beautifully updated 3 bedroom, 1 bathroom home with HUGE LOT and NO DEED RESTRICTIONS has GREAT UPDATES including NEW ROOF, NEW PLUMBING, UPDATED ELECTRICAL, NEW A/C, FULL HURRICANE PROTECTION, a tankless water heater, transferrable warranty for termite protection, and amazing space for everyone. From the outside, enjoy extra parking for boats, RVs, and guests with great landscaping for privacy. Enter the sweet & screened front porch to enjoy the beautiful yard, and then come farther inside to the main home with an open concept floor plan. The living room and kitchen are connected and have great natural light and updates. To the right, find 2 guest bedrooms and the primary bathroom with beautiful, updated vanity and toilet. On the other side of the kitchen, find a large dining room and the 3rd bedroom with lovely appointments. Off the back of the dining room, an indoor laundry room with extra storage is perfect for guest luggage, bikes, games, beach chairs, and more at your fingertips! Out the back door into the fenced in private backyard with fruit trees, a garden a large shed with 3 storage areas with power and enjoy a covered and open patio area for relaxing, an outdoor shower, room for a pool, and a double gate to pull any large vehicles or toys into the area. This property has the ability for one lot to be divided and re-sold, should the owner choose to have that option. This home was previously used as an Air BnB and has GREAT INCOME POTENTIAL! Ask for previous financials if interested! Do not miss out on your chance to own this amazing home nearby to all things downtown Punta Gorda, including shopping, parks, boating, restaurants, schools, the PGD Airport, I-75 and more! Schedule your showing today! BE SURE TO CLICK THE FULL VIRTUAL TOUR LINKS FOR DETAILS. ADJACENT LOT FOR SALE FOR $35, 000 separately.
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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 | $212,000 | $212,000 | $212,000 |
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 | $174 | $174 | $174 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,410 | $1,409 | $1,818 |
Total Monthly Payment | $1,659 | $1,658 | $2,067 |
* 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.