Here is a condo with a million-dollar view, a huge number of amenities, and sure money maker for a wise investor (INVESTORS: see the attached income/expense spreadsheet). A cash purchase will return approximately an 8% ROI in 2025). This unit is a Vrbo/Airbnb winner, and it needs nothing but a new owner, because it was renovated this year as were many condos and buildings at Harbour Village. Click the Tour1 Icon above for the NARRATED VIDEO VIRTUAL TOUR!
LOCATION? Centered among Englewood, Port Charlotte, and North Port, so it is a very few minutes’ drive to the beach, Town Center Mall, lots of other shopping, local and waterfront restaurants, Atlanta Braves and Tampa Bay Rays spring training facilities, etc. Directly at Harbour Village is an unending list of watersports plus fishing.
These items are the ones that make every person love Harbour Village:
CLUBHOUSE: Refurbishing is completed. Of course, it has a large game/meeting room, an office, and a kitchen – added to that are the gym, 2 storage rooms, and a furnished deck with a pool and a river view.
EXTERIOR AMENITIES: If the gym is not for you, then head out to the tennis/pickleball courts, huge swimming pool, or just walk through the grounds and the long fishing pier while enjoying the spectacular views of the Myakka River. There are picnic tables scattered around, a community gas grill, a gazebo, etc. geared towards the relaxation of the residents, tenants, and visitors and promoting happy gatherings. The canal along the entire rear of the property comes with a concrete seawall with dock that offers boaters dockage (first come, first served) and direct access to the Myakka River, Charlotte Harbor (largest unpolluted estuary on the east coast of North America), and the Gulf of Mexico. And Harbour Village has a boat/RV storage area.
RECENT CONDO COMMUNITY REFURBISHING (some still underway): Rooves, siding, railings, fencing, pool, clubhouse, tennis courts, and on and on.
--Much more info is attached – ask your agent for it.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $183,920 | $183,920 | $183,920 |
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 | $228 | $228 | $228 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,193 | $1,178 | $1,527 |
Total Monthly Payment | $1,496 | $1,481 | $1,830 |
* 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.