LOCATION, LOCATION, LOCATION! This waterfront gem is surrounded by substantial custom built estate homes in a desirable boating community of Burnt Store Isles. Situated across from a pleasing mangrove preserve, this home is just a few minutes by boat from the Alligator Creek entrance, and Charlotte Harbor beyond. This home boasts a NEW ROOF in Jan 2024 and is ready for you to move in and begin living the waterfront lifestyle you’ve always dreamed of. It is the perfect 2nd home and a great alternative to a condo. Sit on your spacious enclosed lanai and take in the beauty and tranquility of this pristine location, with mangroves across the canal painting a serene natural backdrop for your meals and gatherings. Stay entertained without leaving your seat by the daily boat parade passing by with TONS of boat traffic…or simply watch manatees lazily floating by. At the heart of this home, the attractive kitchen has been thoughtfully updated with stone tops atop white shaker style cabinets and drawer storage, tile backsplash, and Cafe series appliances with stainless hood. You are sure to enjoy your breakfast at the inviting dining nook with front row seats overlooking the water. Neutral tile flooring leads you through the main living space and into the master suite, which enjoys access to the enclosed lanai, and space for a seating area. This split floor plan also has a private guest wing, where visitors can start their day with panoramic water views. This oversized SAILBOAT ACCESS lot with a sprawling 95 ft. seawall with 45’ concrete dock and 10k pound boat lift, installed in 2019, will be the starting point for many waterfront adventures. You are sure to enjoy the easy access to Charlotte Harbor and the Gulf of Mexico via Alligator Creek. At the end of the day, sit back with a drink in hand and enjoy the nightly sunset over the mangroves. The A/C was replaced in Aug 2022, water heater in Jan 2024, and the home is being offered with an optional furniture package. Just a short drive from downtown Punta Gorda, you will have access to shopping, dining, and waterfront parks. Don’t miss out on this opportunity to own your piece of waterfront paradise!
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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 | $444,000 | $444,000 | $444,000 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $678 | $678 | $678 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,991 | $2,951 | $3,744 |
Total Monthly Payment | $3,761 | $3,721 | $4,514 |
* 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.