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If you like living in a boating community then Punta Gorda Isles is the perfect paradise community for you in Punta Gorda, Florida. This spectacular waterfront lot is waiting for your dream home with fabulous sunsets, a concrete sea wall with a 30ft concrete dock on a deep- water canal ideal for sailboats and larger sea going vessels. There is quick, direct access to the Gulf of Mexico. All the sea walls in PGI are maintained by the city of Punta Gorda. All beautiful custom-built homes in PGI have prices starting at 1 million and up and no HOA fees. The home next door to this lot just sold for 1. 2 million. In addition to boating, there’s always something fun to do in PGI! Owners can join the Civic Association and its sub-groups & clubs, for everything from fishing to card games, boating excursions to tennis. Look at pgica. org for more information. You’ll also enjoy shows at the Charlotte Harbor Event Center, award winning restaurants, Fisherman’s Village, shopping, several Parks near by, weekend farmers markets, pickleball courts, tennis courts, over 20 golf courses in the area, PGD Airport, bicycle and walking trails and much more. This is one of the few remaining sail boat lots in Punta Gorda Isles. The most recent lot listing sold in January in just 27 days, they are moving fast!
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Our Executive Mortgage Banker:
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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 | $348,000 | $348,000 | $348,000 |
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% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,200 | $2,286 | $2,913 |
Total Monthly Payment | $2,275 | $2,361 | $2,988 |
* 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.