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GRACEFUL ON WEST GRACE STREET, this custom designed 2016 Key West-style home sits on a beautifully- landscaped oversized corner lot in the desirable historic district of Punta Gorda. NO HISTORY OF FLOODING !! As you enter from the lovely front porch, you are awe-struck by the high ceilings and custom 20 foot high cupola with bright electric-opening windows in this expansive GREAT ROOM. The KITCHEN is a chef's delight, with top-end stainless steel appliances, granite countertops, and a huge breakfast bar. The private owners suite offers a handsome office/den room, large en suite bath, and a custom California closet. The screened LANAI has a summer kitchen area, and a convenient covered walkway leads to an open-air paver-decked patio, with new hot tub included. Also connected via the walkway is a huge garage and storage area, which also includes a third bedroom with a half bath, currently used as a STUDIO/OFFICE. There is plenty of room in the landscaped back yard for a screened pool. The Punta Gorda historic district is only a few blocks to the Peace River, Gilcrest Park, wonderful Fishermens Village, and all of the excellent restaurants and pubs in the downtown area where many festivals and music events are held throughout the year. Enjoy the nearby HARBORWALK, busy marinas, tennis and pickleball courts, public golf courses, and the incredible Sunseeker Resort. Quiet and peaceful Punta Gorda has been called the Hidden Gem of SW Florida. . . come for a visit, and STAY FOR A LIFETIME!
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $822 | $822 | $822 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,714 | $3,855 | $4,891 |
Total Monthly Payment | $4,628 | $4,769 | $5,805 |
* 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.