**LOCATION MATTERS**FIVE INTERSECTING CANALS CONVERGE ON AN OPEN BASIN IN YOUR BACKYARD**ENJOY THE ALL-DAY BOAT PARADE** SAILBOAT WATER, GULF ACCESS CANAL – NO BRIDGE RESTRICTIONS**10 MINUTES TO CHARLOTTE HARBOR**FREE HOME WARRANTY PROVIDED**NO HOA, no restrictions, so bring your toys, the 45 ft. driveway with 50-amp service should accommodate most. 2 Bedroom, 2 Bath with Den/Study. Don’t buy a home built in the 70’s, 80’s or even 90’s, and the insurance issues that go with them, when you can have 2006 construction codes and the insurance advantage that go with it. The home is built to take whatever mother nature throws at it. 10 ft. finished floor elevation, concrete block construction and the owners chose to build the more expensive concrete tie-beam construction method for additional structural strength. The hip roof design provides significant savings on insurance premiums AND the owners have an ASSUMABLE flood insurance policy. This will save you thousands of $$$ vs insuring a home without these features. This is a one owner home, has never been a rental and has never been smoked in. Upgrades to the home include a new water heater (10/24), new roof (11/22), new interior paint (7/23), new accordion storm shutters (7/23), luxury vinyl flooring in bedrooms and closets (11/24), new commode primary bath (10/24), new boat lift cables (2024) and a new epoxy garage floor (10/24). A/C is a 2019 (10 yr warranty). Hot tub is 2022. In addition, this home features a 10, 000 lb. aluminum, direct-drive boatlift with brand new cables & a dock with water & electric. Secure your opportunity to live a Florida lifestyle most only dream of. Bask in the waterfront tranquility. Take comfort in knowing these addictive waterfront views will be yours to enjoy for a lifetime. Inside you’ll enjoy water views from every room in the home. Outside relax in the hot-tub & watch the parade of boat pass by. Dolphin & manatees are your new neighbors! Just a 10-minute boat ride along Alligator Creek, past the Riviera Tiki Bar & Grill, to the open waters of Charlotte Harbor. If fishing is your passion, every in-shore species in Florida has been caught from the dock. Once inside, your eyes will immediately be drawn across the room, to the water views this home was designed to highlight and enjoy. Interior features include the much sought after open concept Great-room design, volume ceilings, plant shelves and an 8’ sliding glass door. Off the Great-room, French doors lead to a cozy study you’ll likely spend much time in. The spacious eat-in kitchen features a center island, abundant cabinets & counter space, stainless appliances, a closet pantry and 2 generous 60”x 50” windows providing a flood of natural light & wonderful water views. Tile floors in warm tones flow uniformly throughout the great-room, kitchen, study and both baths. The primary suite features 3 windows for plenty of natural light, luxury vinyl flooring, en-suite bath, walk-in closet and an expansive walk-in shower. House is wired for a back-up generator which can also be used as a 50 amp power supply at the driveway. The home is situated on a dead-end street with no through traffic. Located just south of downtown Punta Gorda, you’re minutes from SunSeekers Resort, Fisherman's Village & countless golf courses, restaurants & shopping. No worries with neighbors, they are the best you could hope for!
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Our Executive Mortgage Banker:
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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 | $375,920 | $375,920 | $375,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $283 | $283 | $283 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,501 | $2,533 | $3,223 |
Total Monthly Payment | $2,859 | $2,891 | $3,581 |
* 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.