WATERFRONT LUXURY AT ITS FINEST IN THIS STUNNING 3rd-floor condominium! Wake up each morning to spectacular water views and unwind each evening with breathtaking sunsets—Offering the BEST view in the entire Banyan Point community, this unit overlooks four intersecting canals, providing panoramic water vistas. This updated 2 bed/2 bath condo is located in the highly desirable Banyan Point community in Punta Gorda Isles. Banyan Point is a waterfront complex boasting over 1, 200 feet of water frontage and a wraparound concrete dock. Owners enjoy up to 50 feet of dock space, available on a first-come, first-serve basis. Inside, you'll find luxury vinyl plank flooring throughout the open floor plan living space, new paint, updated ceiling fans and light fixtures. The kitchen is a chef’s dream with granite countertops, stainless-steel appliances, and a large breakfast bar perfect for dining and entertaining. The screened-in lanai features UV-protected vinyl sliders inside the screens, allowing for year-round enjoyment. Remote-controlled hurricane shutters provide protection on both the lanai and the primary bedroom. The spacious primary bedroom includes an ensuite bath with dual sinks and a spacious walk-in closet. The beautifully landscaped and well-maintained grounds include a historic Banyan tree, a large pool, and a clubhouse with a kitchen. Recent improvements to the complex include new roofs, upgraded elevators, and a re-coated parking lot. Banyan Point Condominiums are conveniently located just minutes from the library, History Park, bike paths, and Fisherman’s Village. Downtown Punta Gorda is 1 mile away, offering endless dining, shopping, and entertainment options. Don’t miss this opportunity to own your slice of Florida paradise – schedule your showing TODAY!
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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 | $252,000 | $252,000 | $252,000 |
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 | $404 | $404 | $404 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,698 | $1,719 | $2,178 |
Total Monthly Payment | $2,177 | $2,198 | $2,657 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.