|
2818 & 2824 Magdalina DRIVE, Punta Gorda, FL, 33950 | $700,000
BOATERS DELIGHT!!! CANAL FRONT - CLEARED VACANT DOUBLE LOT/ZONED MULTI FAMILY LOCATED IN PUNTA GORDA ISLES - WITH 3 DOCKS - Don't miss this opportunity to build your Boater's Waterfront Dream Home on these two vacant lots - Situated in the highly desirable PGI community, also known for being one of the only communities in Florida that will cover repairs of their residence's seawalls if damaged, this is the perfect location to turn your vision into reality. Income Potential: Spanning almost half an acre, these double lots boast an impressive 160 feet of water frontage, complete with a concrete seawall to protect your investment. With zoned multi-family designation, this property offers an exceptional opportunity for income-producing development. Imagine waking up to panoramic views of the tranquil canal, with 3 boat docks (note: a 4th dock has been damaged), providing ample space for your aquatic adventures. Indulge in the ultimate Florida lifestyle with convenient access to nearby attractions. A short boat ride will take you to the beloved Fisherman's Village, where you can unwind with a refreshing drink or savor a delectable meal. Downtown Punta Gorda, recognized as the 2nd Best Small Town Food Scene in USA Today's 2020 rankings, beckons with its array of culinary delights and vibrant atmosphere. And don't forget to explore the idyllic shores of Ponce De Leon Park, where sugary sands meet the seawall for moments of blissful relaxation. For the avid angler or boating enthusiast, the nearby Peace River provides direct access to the Charlotte Harbor, known as the second-largest estuary in Florida and revered as one of the best sports fishing destinations in the USA and even the world. Cast your line or set sail for adventure in these legendary waters, just waiting to be explored. Exciting developments in the area, include the now famed Sunseeker Resort, set to revolutionize waterfront living with its innovative design and amenities. With Allegiant Air also on its way, the possibilities are endless. Don't miss out on the chance to secure your very own slice of Southwest Florida paradise. Whether you envision a serene retreat or an entertainer's haven, these vacant lots offer endless possibilities for creating the waterfront home of your dreams. It's time to stop dreaming & Start Actually Living your Slice of Florida Paradise Sunshine Home Dreams!
Features
- Lot Size: 120 x 160
- Lot Desc: Buildable, Cleared, Interior Lot, Level
- View: Water
- Elem. School: Sallie Jones Elementary
- Middle School: Punta Gorda Middle
- High School: Charlotte High
- Pet Policy: Yes
- MLS#: C7489970
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/C7489970/2818and2824magdalinadrive_puntagorda_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY Phone: 941-575-2502
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2818 & 2824 Magdalina DRIVE, Punta Gorda, FL, 33950
$700,000
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 | $560,000 | $560,000 | $560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.828% | 7.133% | 6.276% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,726 | $3,722 | $4,723 |
| Total Monthly Payment | $3,818 | $3,814 | $4,815 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388