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Beautifully maintained and updated 2 bedroom, 2 bath condo in the sought after Promenades East, ideal for full time living or an excellent investment opportunity. Enjoy prime covered parking space #88, located directly next to the elevator for unmatched convenience, an exceptional feature that sets this unit apart. This furnished condo offers new LVP flooring, updated lanai screens, and a new slider from the primary bedroom leading to the screened lanai with lovely city views. The split bedroom layout provides privacy, while the open living and dining areas create a comfortable, airy flow perfect for everyday living or hosting guests. The kitchen is well equipped, and the unit includes a full size washer and dryer plus flat screen TVs. Perfectly positioned in the heart of Port Charlotte, this condo sits just across from the hospital and minutes from shopping, dining, entertainment, and Punta Gorda Airport, with easy access to US 41 and I 75. The community features a beautiful resort-style pool area with a hot tub and clubhouse, offering the perfect space to relax or gather with friends and neighbors. Recent improvements include a new roof and updated pool pavers, with no pending assessments and low HOA fees. Whether you are seeking a move in ready home or a strong rental performer, this property delivers on lifestyle and value. The seller is also offering another top floor unit in Promenades West (MLS#C7524930), double the opportunity!
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William Raveis Real Estate
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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 | $111,920 | $111,920 | $111,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $210 | $210 | $210 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $671 | $698 | $922 |
| Total Monthly Payment | $956 | $983 | $1,207 |
* 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.