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Turnkey, lakefront, solar-powered, and better than new! Welcome to 16440 Marsh Lane in the sought-after Crescent Lakes community of Punta Gorda—where modern efficiency meets Florida lifestyle. This barely-lived-in Cardinal Model by Meritage Homes offers 3 bedrooms plus an open den, 2. 5 bathrooms, and a spacious 3-car garage across nearly 2, 200 sq ft of thoughtfully designed living space. Skip the builder wait and costly upgrades—this home is priced better than new construction and comes packed with over $50, 000 in premium upgrades, including a fully paid-off solar system—built to power the home, a future pool/spa, and even an electric vehicle. Average electric bills are just $35/month. Impact glass windows and doors provide storm protection and peace of mind, while epoxy-coated garage flooring offers a polished, durable finish. Inside, you’ll find a California Closets system in the primary suite, a custom feature wall with trim detail in the great room, modern window coverings throughout, and solar tints in the front bedrooms for added efficiency. Even better, this home is being sold fully turnkey, including $25, 000 in brand-new furniture—just bring your suitcase and move in! Enjoy lakefront living with peaceful backyard views and plenty of space to add a pool or spa. The open den works perfectly as a home office, study area, or hobby space. Crescent Lakes is a gated, all-electric Meritage Homes community with an impressive Platinum Florida Green Building Coalition rating. The HOA covers high-speed internet, lawn care, a resort-style pool, pickleball courts, and automated gate access—all with low monthly fees.
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,000
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 | $359,200 | $359,200 | $359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.154% | 6.248% |
Monthly Tax Payment | $349 | $349 | $349 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,270 | $2,387 | $3,029 |
Total Monthly Payment | $2,694 | $2,811 | $3,453 |
* 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.