Discover a truly one-of-a-kind property with endless possibilities in Port Charlotte, Florida! This 2022-built, over 2, 500 SQFT building features a 40x60 garage/shop area with a 20x40 finished section, offering a combination of functionality and style that's unmatched in the area.
The shop garage boasts 1, 600 SQFT, complete with two 10-ft powered garage doors (with side openers), epoxy "roll on rock" flooring, a 10, 000 lb two-post vehicle lift, a mini-split A/C, a tool room, a bathroom with shower, and is wired for 220V. It's perfect for car enthusiasts, hobbyists, or anyone in need of an incredible workspace.
The 20x40 residence is an 800 SQFT 1-bedroom, 1-bathroom apartment with upscale features like leathered granite countertops, LVP flooring, a walk-in shower, hall laundry, refrigerator, central heat/A/C, and more. It’s ideal as a rental, a mother-in-law suite, a snowbird retreat, or the ultimate man cave.
Additional highlights include: Closed-cell spray foam insulation for energy efficiency, Metal roof for durability, RV parking, Oversized half-acre lot with a septic system large enough to accommodate a future home and more.
Located near Port Charlotte’s best waterways, shopping, dining, and airports, this property is hurricane-damage-free and offers NO HOA or CDD fees. Opportunities like this don’t come along often—make it yours today!
Don’t wait—this property is truly one of a kind! *The seller is unable to close before April 1, 2025 (no exceptions). However, they are open to a lease purchase option with pre-occupancy, allowing you to move in before the mandatory closing date. *
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Our Executive Mortgage Banker:
Our Insurance Division:
$459,900
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 | $367,920 | $367,920 | $367,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $241 | $241 | $241 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,448 | $3,130 |
Total Monthly Payment | $2,764 | $2,764 | $3,446 |
* 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.