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Rare investment opportunity – three fully rented recently built duplexes in highly desirable Punta Gorda Isles. Ideally located near quaint downtown Punta Gorda, shopping centers, restaurants, churches and attractions. Close to Punta Gorda airport served by Allegiant Airlines and I-75. Each side of the duplex has three bedrooms, two baths and attached garage. These thoughtfully appointed units have modern finishes, spacious living areas, private outdoor patio, impact glass and plenty of room for family visits or extra guest. Built in 2020 no upgrades are necessary. Not an investor? No worries, live in one half and rent out the other half, use for visiting family or private accommodations for your special friends. Sellers prefer to sell all three as a package but will sell individual buildings. The included interior pictures are from 2301 Magdalina Drive also listed for sale. All three duplexes were built by the same builder at the same time and the pictures are representative of all the units. Please see MLS #s C7504900 and C7504913 for details on the other two duplexes.
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$599,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
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 | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $765 | $765 | $765 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,990 | $3,148 | $4,011 |
Total Monthly Payment | $3,847 | $4,005 | $4,868 |
* 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.