**PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING –
Your place in the sun, found!! Situated on a 7500 square foot waterfront lot is the location of this 1991-built double-wide Palm Harbor home. Being sold turn-key furnished, this home consists of a great room plan with a spacious kitchen, two bedrooms, two baths and an indoor utility room. It sports a new roof (2023), a 140 square-foot front lanai, a two-car carport with a 12x10 foot attached storage shed, and rolldown window storm protection on almost all of the windows. The home’s vintage furnishings convey without value. With just over 50 homesites, many of which are waterfront, the 55+ community of River’s Edge enjoys underground public utilities, including water, sewer, electric and cable. The low monthly association fees ($100 per month) include yard care, a community recreation center and pool and many organized activities. From this location, you are three miles from shopping, eight miles from Interstate 75 (exit 164), and just 10 miles from historic downtown Punta Gorda. **See it now by viewing the associated 3D walkthrough tour; this may be the opportunity you’re looking for!
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Our Executive Mortgage Banker:
Our Insurance Division:
$174,000
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 | $139,200 | $139,200 | $139,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $53 | $53 | $53 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $961 | $938 | $1,184 |
Total Monthly Payment | $1,089 | $1,066 | $1,312 |
* 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.