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Own your land and enjoy the freedom of no HOA at this well-maintained 3-bedroom, 2-bath home in Punta Gorda. Built in 1965 and offering approximately 1, 100 square feet of living space, this property features ceramic tile flooring throughout and a flexible bonus room that is perfect for a home office, hobby room, or additional living space.
The open floor plan connects the living room, Florida room dining area, and kitchen, creating a comfortable flow for everyday living. The primary bedroom features a walk-in closet and convenient access to the oversized shed. The indoor laundry room includes the washer and dryer, making move-in easy.
Recent updates provide added peace of mind, including a 2017 roof with transferable warranty, updated electrical panel, newer well pump, newer water heater, and newer wall-unit air conditioners. The oversized shed has electricity and offers excellent storage or workshop space.
Outside, you'll find an enclosed front patio, a long driveway with ample parking, and a backyard orange tree that adds a touch of Old Florida charm. Located in Flood Zone X, flood insurance is not typically required by lenders.
Conveniently situated near US-17 and I-75, this property offers easy access to downtown Punta Gorda, Port Charlotte, Arcadia, shopping, dining, medical facilities, and Punta Gorda Airport. Whether you're looking for a full-time residence, seasonal retreat, or investment opportunity, this property offers affordability, flexibility, and the added benefit of land ownership.
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:
$92,000
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 | $73,600 | $73,600 | $73,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | $114 | $114 | $114 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $441 | $465 | $606 |
| Total Monthly Payment | $630 | $654 | $795 |
* 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.