Under Construction. Welcome to this great development opportunity. DUPLEX for investment or primary residence, you can live in one unit and rent the other unit. Located in the prosperous city of Port Charlotte, it is a spacious duplex, that offers a total of six 6 bedrooms and four 4 bathrooms, and at the same time, each unit is made up of three 3 bedrooms and two 2 bathrooms.
The property is located in a prime area: Port Charlotte, which is located on the southwest coast of Florida, is a growing community with a great real estate market.
The duplex features modern, spacious, and functional design elements that create a cozy atmosphere. Each unit is carefully designed, and includes three 3 bedrooms with spacious and sufficient space for those looking to live comfortably, the bathrooms are well equipped and contribute to the general comfort and luxury of the property for families or investors.
The design and distribution of this duplex prioritize the importance of privacy, making it an attractive option for those looking for separate living spaces within the same building. This duplex is a testament to convenience and future potential, offering versatility to meet various lifestyle needs.
Beyond what this property offers, the city of Port Charlotte adds significant value, and the high growth rate of the area leads to promising future developments, turning this investment into a prospect of potential long-term profits. the proximity to key amenities, entertainment centers, and essential facilities enhances the overall appeal of the property.
Investors will find this duplex an attractive addition to their portfolio given the current and projected growth of the Port Charlotte area. families looking for a spacious, well-designed home will discover the comfort and functionality they desire within this property.
This property encapsulates the essence of contemporary living with an eye toward future value!
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Our Executive Mortgage Banker:
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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 | $407,199 | $407,199 | $407,199 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,709 | $2,675 | $3,434 |
Total Monthly Payment | $2,862 | $2,828 | $3,587 |
* 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.