88 Sabal DRIVE, Punta Gorda, FL, 33950 | $499,000

20 LOTS FROM HARBOR! No water damage from storms - simply a great price. This well-maintained, 2 bed/2 bath, waterfront home in Punta Gorda Isles is located in the original sailboat section of PGI & features extremely quick sailboat access to Charlotte Harbor. In fact, you could swim to open water from the dock in your backyard! Property is located on one of the few streets in PGI w/UNDERGROUND UTILITIES! Step in through the screened front entry into a spacious, open living room w/a wall of sliding glass doors that extends the living space out onto the lanai. The layout also includes updated kitchen, separate family room & screened lanai. Almost every room in the home offers a canal view. Kitchen has updated appliances, quartz counters, wood cabinetry, under cabinet lighting & a closet pantry. Split bedroom floor plan boasts large bedrooms. The master suite has walk-out access to the lanai, a large walk-in closet & private master bath. Both bedrooms features waterproof, wood-look, luxury vinyl plank flooring. Large, interior laundry room has additional storage cabinets, utility sink & full-sized washer/dryer. Other amenities include hurricane protection, attached 2-car garage w/storage closet, alarm & central vacuum. Start living your best life - setting sail on your latest adventure from your backyard dock. Enjoy access to some of the best fishing & boating SW Florida has to offer. A screened lanai takes advantage of the canal view - sit outside & watch as the occasional dolphin makes their way down the canal. Plenty of room to add a pool, if desired. Own a piece of paradise today!

Features

  • Rooms: 10
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 90 x 120 x 73 x 120
  • Laundry: Inside, Laundry Room
  • Style: Florida
  • Year Built: 1977
  • Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,388
  • Acreage: 0.22
  • Lot Size: 90 x 120 x 73 x 120
  • Est. Taxes: $9,932
  • Lot Desc: FloodZone, City Lot
  • View: Water
  • Elem. School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: C7503142
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/C7503142/88sabaldrive_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/14/2025 5:47:07 PM)
Listing courtesy of RE/MAX HARBOR REALTY   Phone: 941-639-8500

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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88 Sabal DRIVE, Punta Gorda, FL, 33950

$499,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.295% 7.408% 6.623%
Monthly Tax Payment $828 $828 $828
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,689 $2,723 $3,450
Total Monthly Payment $3,592 $3,626 $4,353

* 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.