2311 Pappas TERRACE, Port Charlotte, FL, 33981 | $825,000

HUGE PRICE REDUCTION!! BRING OFFERS/SELLER WILLING TO NEGOTIATE!!! Don’t miss this rare opportunity to own a one-of-a-kind spectacular 3-bedroom, 2 bath pool home perfectly positioned on the beautiful Myakka River. This home offers a panoramic view of the river, and all that nature presents from every room equipped with sliders leading directly to a screen every angle. The kitchen is complete with appliances, an island with sink for food prep, built end desk, newly refaced cabinets, and granite counter tops. Windows in the dining nook continue to provide more natural light and a one-of-a-kind view of the river. Imagine waking up in your master bedroom to hear birds singing, see the sunrise over the river. Stepping directly through the sliders, having coffee on your lanai, or moving a few steps to the pool for your morning swim. The newly caged pool overlooks the sweeping waters of the river. There are two walk-in closets as you make your way to the large master bath featuring dual sinks, walk in tub and separate room for a newly redone walk-in shower. This bath has lots of windows with natural light and a tranquil view of the river. Both guest rooms are spacious and have easy access to the guest bath which has an updated vanity, built-in tub, and shower. The guest room at the back of the house has its own small lanai to also allow the amazing water view of the river and giving access to the rest of the lanai. This home is a boater’s dream, equipped with a boat lift, fish from your dock or take your boat from the river to the open waters of the Gulf of Mexico. NEW Roof and AC 2022, Pool Cage 2023, and pool pump. Impact Windows throughout except sliders and decorative windows.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Style: Ranch
  • Year Built: 1990
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,157
  • Acreage: 0.53
  • Est. Taxes: $5,388
  • HOA Fee: $65
  • Lot Desc: Flood Insurance Required, FloodZone
  • View: Water
  • Elem. School: Myakka River Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pool: Gunite, Heated, In Ground, Pool Alarm, Solar Cover
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: D6131039
  • Days on Market: 337 days
  • Website: https://www.raveis.com
    /eprop/D6131039/2311pappasterrace_portcharlotte_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 6/1/2024 6:17:13 PM)
Listing courtesy of PARADISE EXCLUSIVE INC   Phone: 941-698-0303

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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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Our Insurance Division:

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2311 Pappas TERRACE, Port Charlotte, FL, 33981

$825,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.128% 7.061%
Monthly Tax Payment $449 $449 $449
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,447 $4,391 $5,886
Total Monthly Payment $4,988 $4,932 $6,427

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.