**PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING – Built by Merit and placed in 1989, this manufactured waterfront home has been meticulously maintained by the original owner. Sporting an ultra-functional floor plan with two bedrooms, two full baths, a living room and family room with wood burning fireplace, updated open kitchen with stainless appliances and walk-in pantry and a two-car carport with an integrated 12x12 foot storage room, this home has it all! Other updates and features include a new air conditioning system (2024), new roof and carport (2023), new home anchors, an indoor closet laundry and a covered patio with a partially fenced yard. This home measures 1640~ square feet in size and has a 260 square foot enclosed and tiled waterfront lanai. The home’s flooring is a combination of laminate and carpet. With just over 50 homesites, many of which are waterfront, the 55+ community of River’s Edge enjoys underground public utilities, including water, sewer, electric and cable. The low monthly association fees include yard care, a community recreation center and pool and many organized activities. From this location, you are three miles from shopping, eight miles from Interstate 75 (exit 164) and just 10 miles from historic downtown Punta Gorda. **See it now by viewing the associated 3D walkthrough tour; this may be the opportunity you’re looking for!
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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 | $187,200 | $187,200 | $187,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $72 | $72 | $72 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,277 | $1,244 | $1,579 |
Total Monthly Payment | $1,424 | $1,391 | $1,726 |
* 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.