ENJOY SW FLORIDA SUNSETS from your own back yard! Escape the cold and embrace the warmth in this charming turn-key furnished home, perfect for full-time living or a seasonal retreat. This home offers everything you need for a comfortable and enjoyable lifestyle. Situated on an oversized corner lot with a Southwest water view and features a great room, split bedroom floor plan, separate dining area, kitchen with an abundance of cabinet storage and a breakfast nook, inside laundry including washer and dryer, hurricane protection with awnings and panels, spacious screened lanai/enclosed Florida room, a brick paver patio that is a perfect spot for BBQs, two spacious storage sheds for your tools and lawn equipment, covered carport, and an extra-wide driveway. Rivers Edge is a quaint 55+ community that welcomes you with majestic grandfather oak trees in the park entrance giving you that feeling of Old Florida. It sits along Hunter Creek and the Peace River in Punta Gorda with access to Charlotte Harbor and the Gulf, where you own your own lot, have underground utilities, is golf cart friendly, and has a boat dock for loading/unloading and fishing in brackish water. A low monthly HOA fee includes the heated pool and a clubhouse with a library to share books with neighbors, fitness equipment to get your daily exercise, and other fun social activities, giving opportunity for making new friends. Short driving distance to Arcadia, Port Charlotte, and downtown Punta Gorda for shopping, farmer's markets, restaurants with delectable cuisine, and year-round activities and festival events, Fishermen's Village, golfing, pickleball courts, Spring Training baseball stadiums, I-75 exits, and Punta Gorda Airport. Start your new lifestyle, where every day feels like a tropical vacation! Don't miss out—schedule your tour TODAY!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $169 | $169 | $169 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,182 | $1,196 | $1,518 |
Total Monthly Payment | $1,426 | $1,440 | $1,762 |
* 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.