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Under contract-accepting backup offers. Where else can you find a TRUE FOUR BEDROOM home complete with THREE FULL BATHROOMS and THREE CAR GARAGE on an EXPANSIVE DOUBLE CORNER LOT in a WATERFRONT community? Look no further! Welcome to South Gulf Cove, a beautiful community near Boca Grande and Englewood with an OPTIONAL HOA of only $120/yr with 55 miles of canals for the BOATING and FISHING enthusiasts! Constructed in 2021, this residence offers 2418 sq feet of LIVING SPACE and a prime location on a circle with the ADDITIONAL LOT BEHIND spanning over HALF AN ACRE ensuring no neighbors behind! Ample space to add a pool, build a garage/workshop/man cave - endless possibilities! INTERIOR HIGHLIGHTS include an EXPANSIVE GREAT ROOM filled with an abundance of natural light with a rear sliding door opening fully to the lanai ~ thoughtful layout split floor plan includes a PRIVATE BEDROOM SUITE with guest bath ideal for a mother-in-law quarters, guests or a teenager's retreat ~ the PRIMARY BEDROOM SUITE boasts a spacious en-suite bathroom with dual sinks, walk-in tiled shower with glass doors and an OVERSIZED WALK-IN CLOSET complete with built-in shelving and drawers for optimal organization ~ the two additional bedrooms are positioned on the opposite side sharing an upgraded guest bath that connects to the lanai ~ The kitchen is outfitted with PREMIUM features such as an UPGRADED INDUCTION RANGE and SS refrigerator, granite countertops, stylish backsplash, coffee bar, an OVERSIZED PANTRY, an ISLAND that seats up to six and an ADDITIONAL CUSTOM BUFFET COUNTER adorned with QUARTZ, soft close cabinets, ambient lighting and additional storage ~ For convenience, there is an INDOOR LAUNDRY room equipped with a custom sink topped with quartz and an adjacent mudroom offering even more closet space. ~ ABUNDANT STORAGE with widened and enhanced closets outfitted with extra shelving and ventilation, upgraded lighting and ceiling fans, and elegant 18" DIAGONAL PORCELAIN TILE are additional features as well ~ Relax in your SALTWATER HEATED HOT TUB while enjoying stunning western sunsets painted across the sky from the spacious screened in lanai. . . or enjoy morning coffee on the welcoming front porch. . . outdoor living at its finest! ~ The THREE CAR GARAGE boasts professional epoxy flooring, LED lighting and insulated door while the oversized paver driveway provides ample parking! Built to high standards with hurricane protection, this home sits high and dry on elevated ground and has a very reasonable TRANSFERRABLE FLOOD POLICY. The property includes rain gutters, a 3-zone irrigation system and city/water sewer! PRIME LOCATION with easy access to Charlotte Harbor and the Gulf. Regardless if you join the association, this community has so many wonderful features including multi-use pathways for safe walking/cycling, golf cart friendly, a Sunday Farmer's market at the community clubhouse, 8 parks, bird sanctuary and a community boat ramp. This home is conveniently located near PRISTINE Boca Grande, Englewood, and Manasota BEACHES. Nearby are several marinas, multiple golf courses, baseball stadiums, and places to kayak as well. Multiple airports nearby and if you need a dose of big city life, Ft Myers and Sarasota are a convenient drive in either direction! Or check out historic downtown Punta Gorda or Dearborn St known for unique eateries, boutiques, farmers markets and live entertainment! Don’t miss this rare opportunity to own a slice of paradise! Schedule your private showing today!
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$419,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $335,200 | $335,200 | $335,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | $497 | $497 | $497 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,930 | $2,037 | $2,717 |
| Total Monthly Payment | $2,502 | $2,609 | $3,289 |
* 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.