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Under contract-accepting backup offers. *Seller is will accept highest and best submitted on or before Friday at 12noon* Welcome to your next investment opportunity—a single-story home brimming with possibilities, nestled in a serene corner of the ever-popular neighborhood near historic downtown Punta Gorda. This property offers a rare blend of quiet living with easy access to major routes like US17, US41, and I-75, providing both convenience and tranquility. Haven’t you always wanted a place where you could infuse your personal design ideas and have them come to life? This home invites you to do just that with its ongoing renovation—think of it as a blank canvas ready for your creative touch. Upon entering, you’ll notice the open, airy layout of the interior, currently in its transformation phase. It features an expansive room stripped down to its basics, showcasing exposed wooden studs and insulation, an exciting prospect for anyone eager to personalize. Let your adventures in home renovation begin! The spacious kitchen stands as a highlight, offering white cabinets with contemporary black handles that speak to modern design preferences. The U-shaped countertops made of speckled granite not only promise durability but also reflect natural light beautifully, thanks to the large windows. With the open cabinets and exposed elements, your imagination is free to wander and plan those custom finishes that could turn this space into the culinary heart of your home. Moreover, the bar counter faced with rustic stone adds a textured, earthy charm, ideal for gatherings and entertaining guests. Imagine enjoying a glass of wine with friends, surrounded by the warm glow that filters through the glass-panelled doors. Outside, the property showcases well-maintained lawns bordered by mature trees, giving you the perfect setting for a peaceful backyard retreat. The exterior, in neutral tones, fits seamlessly into the idyllic suburban landscape, while the reddish-brown shingled roof offers a pop of traditional charm. For those owning watercrafts, the property is conveniently complemented by a boat ramp feature, providing direct access to leisurely days on the water. Nearby Darst Park adds to the appeal, offering a recreational escape right in your backyard. The community setting is one of privacy and a tight-knit neighborhood feel, making it a prime location for a potential family home or a coveted investment property. And while this location provides the quiet of the suburbs, you’re never far from the vibrant energy of downtown Punta Gorda with its historical allure, shopping, and dining options. This property captures a dynamic blend of past, present, and future, appealing to investors looking to capitalize on its potential or homebuyers wanting to make it their own. The key features like re-piping in the attic, ensuring modern functionality, and a lift station for added utility, further enhance its appeal. Whether you’re drawn by the investment opportunities, the prospect of a dream renovation, or both, this home provides an exhilarating start to your real estate journey. Seize this opportunity to create, innovate, and transform a house into a tailored masterpiece that reflects your vision. Schedule a viewing today to explore the potential of this remarkable property and start envisioning the endless possibilities that await! Your dream project, whether it unfolds into a profitable venture or a cozy nest, starts here.
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Our Executive Mortgage Banker:
Our Insurance Division:
$100,000
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 | $80,000 | $80,000 | $80,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $78 | $78 | $78 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $506 | $526 | $670 |
Total Monthly Payment | $659 | $679 | $823 |
* 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.