220 Lido DRIVE, Punta Gorda, FL, 33950 | $799,000

CUSTOM, WATERFRONT HOME IN PUNTA GORDA ISLES W/85FT OF SEAWALL & QUICK SAIL ACCESS - This 3 bed/2 bath, custom-built, waterfront home in PGI by Towles Construction offers 85FT of seawall and quick sailboat access to Charlotte Harbor. Great buy and hold opportunity as property is rented from March 2024-February 2025. Buy now, secure place in PGI and collect rent for a year. Inside, the home offers a spacious, open floor plan w/soaring cathedral ceilings & pool/water views from almost every room in the home. Architectural details include tile flooring throughout the main living areas, built-in entertainment center w/lighted display shelves, arched & rectangular transom windows, disappearing sliding glass doors & a gourmet kitchen. The kitchen features granite counters, wood cabinetry & a tumbled stone, tile back splash. The kitchen also features a closet pantry & breakfast bar. The adjacent breakfast area has a large picture window & sliding glass door leading to the lanai that offer fantastic views of the lanai, pool & canal. The split bedroom floor plan boasts a private, master retreat w/walk-out access to the lanai, pool & canal views, two walk-in closets & an en-suite master bath w/split vanities, frameless glass-enclosed shower & garden tub. The guest bedrooms share a guest bath w/walk-in shower. One guest room has walk-out access to the lanai & a walk-in closet. The large, screened lanai extends the living space - perfect for true, Florida-style, indoor/outdoor living. Enjoy colorful sunrise views over the canal with your morning coffee. Seawall was replaced by the city of Punta Gorda within the last few years. Water & electric hook-ups are available at the seawall but have been capped during seawall replacement. 85ft of seawall allows you to add the perfect dock to host your boat. Set off on your latest adventure from your own backyard reaching open water through Ponce Outlet w/ease. New premium carpet for master suite from Hessler Carpet ordered installed. Make an appointment today & find your place in paradise.

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 85 x 120 x 85 x 120
  • Laundry: Inside, Laundry Room
  • Style: Custom, Florida
  • Year Built: 2006
  • Garage: 2-car Garage Door Opener
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 2,023
  • Acreage: 0.23
  • Lot Size: 85 x 120 x 85 x 120
  • Est. Taxes: $4,435
  • Lot Desc: FloodZone, City Lot, Oversized Lot
  • View: Water
  • Elem. School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Pool: Gunite, Heated, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: C7475835
  • Days on Market: 350 days
  • Website: https://www.raveis.com
    /prop/C7475835/220lidodrive_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/16/2024 1:05:22 AM)
Listing courtesy of RE/MAX HARBOR REALTY   Phone: 941-639-8500

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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220 Lido DRIVE, Punta Gorda, FL, 33950

$799,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $639,200 $639,200 $639,200
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 7.737% 7.055% 6.120%
Monthly Tax Payment $370 $370 $370
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,146 $4,199 $5,351
Total Monthly Payment $4,608 $4,661 $5,813

* 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.