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Welcome to 700 Holiday Drive, a prime waterfront lot nestled in the desirable Riviera Lagoons neighborhood of Punta Gorda. This property offers direct canal access leading to Alligator Creek, which flows into Charlotte Harbor and the Gulf of Mexico, providing an ideal setting for boating and fishing enthusiasts. The existing 2-bedroom, 2-bathroom mobile home, built in 1985 and encompassing 1, 104 square feet, has sustained damage and is not currently habitable. This presents a unique opportunity to remove the existing structure and install a new manufactured home tailored to your preferences. The property boasts serene water views and the potential for a private dock, enhancing your waterfront living experience. Enjoy the tranquil ambiance of the canal and the convenience of being just a short boat ride away from open waters. Located in a friendly and vibrant community, you're minutes away from downtown Punta Gorda's array of dining, shopping, and entertainment options. Embrace the Florida lifestyle with this waterfront property.
Property is being sold as-is.
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Our Executive Mortgage Banker:
Our Insurance Division:
$235,000
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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,219 | $1,235 | $1,574 |
Total Monthly Payment | $1,294 | $1,310 | $1,649 |
* 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.