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Under contract-accepting backup offers. 4th floor turnkey 1 bedroom, 1 bath. Why rent when you can own this affordable condo? Promenades condo offers private secure entryways leading to the elevator to this bright, move in ready residence offering new paint on walls, doors and trim, new ceiling in kitchen, new curtains for slider and new blinds in bedroom and laminate floors throughout. Relax on your Natuzzi Leather love seat recliner while watching your favorite show on your 75-inch T. V. Lanai offers new screens and sunshade and your own storage. The large bathroom has full size washer and dryer with new towels and even lotion and soap, just waiting for your arrival. Promenades community has resort style amenities to include the clubhouse and pool, garden area growing fresh veggies and fruit, shuffleboard, tennis & pickleball courts and is centrally located within 10 minutes from downtown Punta Gorda, 30 minutes from world class beaches and fishing, less than 5 minutes to hospitals, shopping, the mall and many restaurants. New roof put on 2024, exterior recently painted, landscaping refreshed, pool fencing. 2025 complete renovation of community clubhouse. Current ongoing features: Replacement of the fire suppression system, updated security system. Complete resurfacing of tennis/pickleball courts. Water and sewer included.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$104,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $83,920 | $83,920 | $83,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $183 | $183 | $183 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $483 | $503 | $669 |
| Total Monthly Payment | $741 | $761 | $927 |
* 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.