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Under contract-accepting backup offers. PRICE DROP! UNBELIEVABLE DEAL!! Welcome to 3501 S Biscayne Dr in North Port, Florida, a charming 3-bedroom, 2-bath home with a one-car garage situated on a spacious oversized corner lot just minutes from the world-famous Warm Mineral Springs Park , vibrant downtown Wellen Park, Atlanta Braves Stadium, and Cool Today Park. Each year, visitors travel from around the world to experience the warm, naturally mineral-rich waters at Warm Mineral Springs Park, known for its relaxing spa-like atmosphere and wellness benefits. Imagine having all these unique destination only minutes from your front door. Inside, the home offers a comfortable layout with a large kitchen and spacious living areas, making it perfect for full-time living, seasonal stays, or hosting visiting family and friends escaping colder climates. The oversized corner lot provides added space, privacy, and potential to create your own Florida outdoor retreat—whether that means tropical landscaping, a patio for entertaining, or simply enjoying the sunshine year-round. This property also presents excellent investment potential. Homes near the mineral springs are highly desirable for seasonal rentals, vacation homes, and Airbnb opportunities due to the steady flow of visitors seeking the area’s natural wellness experience. NO HOA. Enjoy living in North Port's growing community, conveniently located near shopping, restaurants, parks, golf courses, North Port Aquatic Center and Florida's beautiful Gulf Coast beaches with quick access to Tamiami Trail and I-75. This home is perfect for anyone who is seeking a peaceful Florida retreat, investment property, or a home to personalize and elevate, this residence offers endless potential in a prime location. Schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
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 |
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|---|---|---|---|
| Loan Amount | $159,200 | $159,200 | $159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $252 | $252 | $252 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $942 | $993 | $1,301 |
| Total Monthly Payment | $1,269 | $1,320 | $1,628 |
* 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.