Premiere Waterfront Location with Quick Harbor Access!
This sailboat-access waterfront home offers an incredible opportunity for buyers looking to create their dream property. While the home sustained damage during recent hurricanes and requires significant repairs, its potential is unmatched.
All lower drywall, sheetrock, baseboards, and flooring have been removed, along with the lower cabinets in the kitchen and bathrooms. This provides a blank canvas for a complete remodel tailored to your vision—or the chance to tear down and build a brand-new home in this prime location.
The property is priced to reflect its land value and unbeatable proximity to Charlotte Harbor, making it the ideal spot for your powerboat or sailboat. The seawall is maintained by the city of Punta Gorda, and there are no HOA fees or assessments. Additionally, the transferable FEMA flood insurance policy was recently renewed, offering added peace of mind.
This home is conveniently located near the renowned Fishermen’s Village, the brand-new Sunseeker Resort, major highways, and airports. Downtown Punta Gorda is just minutes away, offering unique dining, shopping, biking trails, pickleball courts, and waterfront activities.
Don’t miss this tremendous opportunity to own a property in one of Punta Gorda’s most desirable waterfront neighborhoods!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
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 | $680 | $680 | $680 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,456 | $3,111 |
Total Monthly Payment | $3,180 | $3,211 | $3,866 |
* 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.