An extraordinary investment opportunity awaits! This exceptional property presents a unique opportunity for those seeking a waterfront home in the coveted Port Charlotte Beach area. Situated on a wide sailboat access canal, with 100 feet of canal front, and no fixed bridges, providing direct access to Charlotte Harbour and the Gulf of Mexico, Sanibel Island, Captiva Island, Boca Grande, Little Gasparilla Island, Cabbage Key, Useppa, Pine Island Sound, Cape Haze, Cayo Costa, Lemon Bay and Redfish Pass. This prime location ensures unobstructed navigation, making it an ideal setting for boating enthusiasts with some of the best fishing and boating in Southwest Florida, right from your backyard. The house is nestled on a quiet cul-de-sac, directly across from Port Charlotte Beach, offering stunning panoramic views of Charlotte Harbour from the second-floor living and kitchen areas, as well as from the expansive front and side porches. The 500 sq foot rear enclosed porch provides a captivating bird’s-eye view of the wide canal and an ideal spot to relax after a long day on the water. A circular driveway leads to a spacious 2, 813 sq. ft. garage, offering ample storage for eight or more vehicles, kayaks, jet skis, and all your outdoor toys, along with workshop space and an additional storage room. Upstairs, the main living area features three guest bedrooms, a large master suite, an inside laundry, and multiple storage closets. The living room, located at the front of the house, is anchored by a cozy fireplace with a high mantle and hearth. A pair of sliders open to the 21 sq. ft. side porch, while an oversized window frames stunning views of the harbour and breathtaking sunsets. At the heart of the home is the expansive kitchen, where you can continue to enjoy views of Charlotte Harbour while preparing meals. At the far end of the house, the dining room also boasts a large window facing the harbour, with sliders leading to another 21 sq. ft. side porch. Vaulted ceilings and skylights enhance the sense of space and fill the main living areas with natural light. Conveniently located near US 41, the Port Charlotte Beach Complex, downtown Punta Gorda, and the Punta Gorda Airport, 100 miles south of Tampa and 65 miles north of Naples. Port Charlotte Beach Park (currently closed for renovations) offers a boardwalk with fishing pier, boat ramp, canoe/kayak launch, horseshoe pits, bocce courts, basketball courts, tennis courts, volleyball court, playground area, heated swimming pool, and a recreation center. Being sold 'As Is' with the right to inspect, this property requires a new roof, AC, and other repairs, but is priced well below its appraised value, offering an excellent opportunity for the right buyer or investor. This extraordinary property presents a unique chance for the next owner to transform it into one of the finest homes in the area. Bring your vision and turn this remarkable waterfront property into a show-stopping masterpiece!
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William Raveis Mortgage, LLC
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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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $371 | $371 | $371 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,984 | $2,945 | $3,820 |
Total Monthly Payment | $3,447 | $3,408 | $4,283 |
* 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.