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13. 53 Acres (MOL) - 9. 58 Acres of Multi-Family plus 3. 95 acres of Commercial Land
Municipal Water and Sewer hookups are available from Duncan Rd
680’ of frontage on Duncan Rd zoned CG - 390’ of frontage on Bermont Rd zoned RMF-12
Zoning: Charlotte County RMF 12-Residential Multi Family and CG-Commercial General which allows for mixed use residential and Retail/Office
Previously planned for 96 Apartment units with Club House - New Whistle Express Car Wash at the intersection of Duncan Road and
Bermont Road and new Auto Service Center
Utilities: Water/Sewer/Trash: City of Punta Gorda - Electric: Florida Power & Light
Property wraps around an existing Winn-Dixie anchored center – Cleveland Market Place
Located in Flood Zone AE and X
Folio Number: 402334452003 Charlotte County
2025 Real Estate Taxes $15, 496
ASKING PRICE: $3, 400, 000. 00
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,400,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,720,000 | $2,720,000 | $2,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,308 | $16,748 | $22,953 |
| Total Monthly Payment | $16,433 | $16,873 | $23,078 |
* 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.