12595/12597 Buffing ROAD, Port Charlotte, FL, 33981 | $565,000

One or more photo(s) has been virtually staged. Under Construction. DUPLEX UNDER CONSTRUCTION - NO FLOOD ZONE - Income-Producing Investment Opportunity! Estimated Completion: January 31st, 2025

Take advantage of this exceptional opportunity to own a brand-new duplex in the heart of Port Charlotte, FL. With construction underway and estimated completion set for January 31st, 2025, this property offers a fantastic investment potential or the perfect setup for an in-law suite.

Property Features:
2 Units, each with 3 bedrooms & 2 bathrooms
Tile flooring throughout for low maintenance and easy upkeep
Spacious and open floor plans
Great investment opportunity for rental income or long-term growth
Ideal for an In-Law Suite with separate living spaces
Modern design and quality finishes
Ample parking with driveway space for each unit
Central Location close to shopping, schools, and major highways
Why This Property is Perfect for Investors: Income-Producing: Rent out both sides or live in one while renting the other.
High Demand Area: Port Charlotte is a growing community with a strong rental market.
New Construction: Minimizes immediate maintenance costs, offering more peace of mind.
Whether you're looking for a stable investment or a multi-generational living arrangement, this duplex has it all. With easy access to local amenities, beaches, and recreational areas, it’s perfect for residents and tenants alike. Don’t miss out on this rare chance to secure a brand-new property in a thriving area!

Estimated Completion: January 31st, 2025

Features

  • Bedrooms: 6
  • Units: 2
  • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Year Built: 2025
  • Garage: 1-car Driveway
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,694
  • Acreage: 0.32
  • Est. Taxes: $801
  • Pet Policy: Yes
  • MLS#: D6139409
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/D6139409/1259512597buffingroad_portcharlotte_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/18/2024 1:56:18 AM)
Listing courtesy of OWN AND PROSPER COLLECTIVE, LLC   Phone: 312-752-7124

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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12595/12597 Buffing ROAD, Port Charlotte, FL, 33981

$565,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $452,000 $452,000 $452,000
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 7.443% 7.133% 6.256%
Monthly Tax Payment $67 $67 $67
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,045 $3,004 $3,812
Total Monthly Payment $3,204 $3,163 $3,971

* 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.