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Presented by
Rose Ciardiello |
Investor Opportunity – Affordable Home with Great Potential in Alligator Park 55+ Community! Welcome to Alligator Park, a friendly and highly desirable 55+ resident-owned community in Punta Gorda! This 1981 doublewide manufactured home offers 2 bedrooms and 2 bathrooms and is ready for your personal touch. The master bathroom vanity and toilet need repair/replacement and some of the ceiling tiles in the guest bedroom needs replacement. This home is perfect for investors, snowbirds, or handy buyers, this property has great bones and is priced to reflect the updates it needs.
The home already features several valuable exterior improvements including new vinyl siding, a new carport, and a large front porch—ideal for relaxing with your morning coffee or evening beverage. Major systems have been partially updated with a new A/C in 2020, a membrane roof in 2022, and newer laminate flooring in the main living areas. Bring your vision to complete the interior updates and make this home truly shine.
Enjoy a spacious carport area that offers ample covered parking and outdoor space, plus a utility room under the carport and separate shed for added storage and functionality.
Living in Alligator Park means access to a vibrant, active community with amenities such as a renovated pool, clubhouse, and library. Residents enjoy a full calendar of activities or can explore the nearby downtown Punta Gorda waterfront, just minutes away.
This home is being sold furnished and includes the park share valued at $60, 000. The low monthly HOA fee covers lawn care, water, sewer, trash, and access to all community amenities including the pool, clubhouse, and 25-acre lake—perfect for fishing or kayaking.
With a little TLC, this property offers excellent potential to create value and enjoy the Florida lifestyle at an affordable price.
Don’t miss this opportunity—schedule your showing today!
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$95,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.314.6269
Rose.Ciardiello@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $76,000 | $76,000 | $76,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $180 | $180 | $180 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $432 | $462 | $616 |
| Total Monthly Payment | $687 | $717 | $871 |
* 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.