Welcome to this remarkable, WATERFRONT property that offers an plethora of features and updates to excite both boating enthusiasts as well as auto enthusiasts!
This meticulously maintained home is a unique, two level, custom build with solid features such as FULL BLOCK CONSTRUCTION, METAL ROOF and recently rebuilt staircase/entry landing. The property also boasts mature, lush landscaping for beauty and privacy. Most of the living area is located on the second level, which is easily accessible with the home ELEVATOR. The front door landing is spacious and provides a beautiful introduction to the home. When you step inside, you will be wowed by the airy, modern feel of the home with features such as high ceilings, large pocket sliders and GRANITE countertops. Two of the 3 bedrooms have en-suite bathrooms, and the large master suite boasts extras such as soaking tub, CUSTOM HIS AND HERS CLOSETS, and balcony access. The lengthy SCREENED-IN BALCONY overlooks the canal and gives a great partial view of the Myakka River. The home is also equipped with a full house REVERSE OSMOSIS system, which provides tasty, pure water right out of the tap.
Boaters will be delighted by the newer DOCK and 10, 000 lb BOAT LIFT, allowing for seamless access to the Myakka River. Imagine enjoying leisurely boat rides or exploring the coastal scenery just minutes from your doorstep. The property's location offers the convenience of a 15-minute boat ride to the El Jobean Bridge and a 40-minute ride to downtown Punta Gorda, providing endless opportunities for entertainment and exploration.
Car enthusiasts and hobbyists will appreciate the huge, 2300+ SQ FT GARAGE that comes with this property. With ample space to accommodate multiple vehicles or storage for recreational equipment, this garage offers endless possibilities for customization and organization. In addition to the garage area, there is a 23 x 13 adjoining air conditioned BONUS ROOM that can be utilized as a workshop, man cave, art studio or even a guest efficiency with its own access to the backyard.
The property is situated on a cul-de-sac in a well established, yet intimate waterfront neighborhood of custom homes with NO HOA. The entire neighborhood is at the end of a lesser-traveled singular road, providing a degree of quiet and privacy that is a rarity. Access to Downtown Wellen Park and its many restaurants, shops, entertainment and other amenties will be in very close proximity (once the present development is completed), making this location the perfect combination of seclusion and convenience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$757,000
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 | $605,600 | $605,600 | $605,600 |
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 | $444 | $444 | $444 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,080 | $4,025 | $5,107 |
Total Monthly Payment | $4,616 | $4,561 | $5,643 |
* 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.