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A BOATERS DREAM! This spacious pool home sits on the most desirable lots in South Gulf Cove—a large corner parcel surrounded by water on two sides along the Zephyr Canal (the community’s widest canal). Located right next to the St. Paul Bridge, enjoy direct access to the Interceptor Lagoon, South Gulf Cove boat lock system, Myakka River, Charlotte Harbor, and the Gulf. Also a prime spot to view the community boat parades! Enjoy wide water views and stunning Florida sunsets from your western-facing lanai, complete with a new picture-screen pool cage, heated pool, and oversized outdoor living space. Home features include a new metal roof (2023), newer stainless appliances, concrete seawall, 10, 000lb boat lift, and hurricane shutters for added peace of mind. NEVER FLOODED! Located in Flood Zone X500 which is out of a special flood hazard area!!! Directly across from your front door is the St. Paul Linear Park, a beautiful walking/biking trail along the Interceptor Lagoon. Conveniently located close to great shopping, dining, golf courses, Olde Englewood Village, historic Punta Gorda and Fisherman's Village, and just 15 minutes from the beautiful beaches of Boca Grande. This home is a true slice of paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$800,000
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 | $640,000 | $640,000 | $640,000 |
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% | 7.025% | 6.132% |
Monthly Tax Payment | $321 | $321 | $321 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,045 | $4,204 | $5,358 |
Total Monthly Payment | $4,458 | $4,617 | $5,771 |
* 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.