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FIRE SALE!! 490 Via Esplanade offers a unique opportunity for the savvy buyer looking to restore or replace a waterfront pool home in the highly desirable Punta Gorda Isles. With its prime location, the home offers some of the best fishing and boating access in the area, making it a perfect spot for those who cherish time on the water. This 3-bedrooms, 2-bathroom, two car garage home was unfortunately involved in a fire, but it presents a blank canvas for renovation and the potential to create your dream home in an exceptional location. Boasting 2, 439 sq ft of living space, this Mediterranean-style property is set on an expansive lot with picturesque water views down the Snapper Strait Canal and out to Charlotte Harbor. The home features a spacious floor plan, including a Great Room that overlooks the pool and lanai area. While significant restoration is needed in parts of the home, the potential for a remarkable transformation is clear. Outside, the property features 85' of concrete seawall (maintained by the city) and dock, along with a 16, 000 lb. boat lift, making it a perfect spot for boaters. Whether you choose to rebuild the existing structure or design a new vision, the location is unbeatable. Located just moments from Fishermen's Village and Downtown Punta Gorda, this home offers proximity to dining, shopping, and entertainment in one of the most sought-after areas of Southwest Florida. This property is being sold as-is and provides a rare opportunity to invest in a waterfront location with immense potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 | $280,000 | $280,000 | $280,000 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | $528 | $528 | $528 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,770 | $1,839 | $2,344 |
Total Monthly Payment | $2,373 | $2,442 | $2,947 |
* 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.