Fantastic Waterfront Triplex in Punta Gorda Isles.
This rare two-story triplex offers quick boating access to Charlotte Harbor, making it a prime investment opportunity in the desirable Punta Gorda Isles. Each unit is a spacious 2-bedroom, 2. 5-bathroom townhome featuring a kitchen and living area on the ground floor, with bedrooms on the second floor. Every unit includes a screened 1st floor lanai and a second floor balcony with stunning views of the canal and the 32-foot heated pool.
The property features a 30-foot concrete dock, 80-foot seawall, and a 7, 500 lb boat lift, perfect for docking a boat right behind the complex. The building has a durable metal roof, six parking spaces, and each unit is equipped with a microwave, range, refrigerator, dishwasher, and granite countertops and wood cabinets for a modern touch. All three units received new A/C units in 2018. Unit 3 also has hurricane impact windows for added storm protection.
This triplex is just minutes from historic downtown Punta Gorda, offering shopping, dining, medical care, waterfront parks, fishing piers, art galleries, walking and biking paths, and much more. Units can be rented seasonally or annually. Don’t miss this fabulous income-producing opportunity!
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$875,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $993 | $993 | $993 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,146 |
Total Monthly Payment | $5,625 | $5,567 | $7,231 |
* 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.