Fixer-upper with endless potential in Punta Gorda Isles! This 3-bedroom, 3-bath home is perfectly positioned at the end of a canal, offering breathtaking, long water views—a rare and highly desirable feature. The spacious layout includes a large family and living area open to the kitchen, sliding doors to a covered lanai, and a caged pool area, creating the ideal setup for indoor-outdoor living. The primary bedroom features an ensuite bath, while one guest bedroom connects to a convenient Jack-and-Jill bathroom. A third bedroom and bath function as a private suite with its own sliders to the lanai and a separate front door—perfect for guests or multigenerational living. The home also features a charming front courtyard, laundry room, and 2-car garage. The waterfront has a concrete dock and boat lift, which is ideal for boating enthusiasts and offers quick access to Charlotte Harbor and the Gulf. While the home experienced storm-related damage and is in need of renovation, it offers a rare opportunity to restore its potential or build a custom home on an exceptional lot. Located in the highly sought-after, deed-restricted community of Punta Gorda Isles, you'll enjoy easy access to Fishermen’s Village, waterfront dining, unique shops, and entertainment. The area also offers scenic waterfront paths, fantastic local restaurants, and vibrant farmers’ markets. This property is perfect for someone with a vision looking to make the most of a prime waterfront location!
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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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $784 | $784 | $784 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $3,001 | $3,802 |
Total Monthly Payment | $3,803 | $3,877 | $4,678 |
* 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.