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INVESTOR ALERT! **Huge Price Reduction** Unlock the potential in this Edgewater Village Condo, offering 2 Bedrooms, 2 Full bathrooms, and 1, 040 square feet of living space. Ready for your personal touch, this unit presents a fantastic renovation opportunity. After sustaining minor water damage – the lower drywall was removed, exposing the studs and paving the way for your creative vision. Transform this space into your own Florida retreat! The primary bedroom has an Ensuite Bathroom and convenient slider access to the covered and screened-in Lanai, perfect for enjoying the Florida breeze. Edgewater Village is an active community in Port Charlotte, featuring a heated community pool, tennis/pickleball court, shuffleboard courts, and bocce ball. Plus, it's pet-friendly!
Just a short drive to the Port Charlotte Beach Complex, the Luxurious Sunseeker Resort, or explore the historic charm of Downtown Punta Gorda and Fisherman's Village with its boutique shops, dining, entertainment, and farmers markets. Southwest Florida offers endless opportunities - boating, world-class fishing, kayaking, golf, tennis, pickleball, a thriving arts and entertainment scene, Gulf Beaches, Barrier Islands and those unforgettable Gulf Coast sunsets. With Charlotte County's year-round appeal and its own easily accessible airport, travel is a breeze! Buy as a Primary Residence, Winter Retreat or an investment. Don't miss out on this incredible opportunity! Schedule your appointment to view this condo today and start planning your renovation!
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,369
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $79,495 | $79,495 | $79,495 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $87 | $87 | $87 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $496 | $522 | $665 |
Total Monthly Payment | $658 | $684 | $827 |
* 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.