TASTEFULLY FURNISHED WATERFRONT CONDO IN PUNTA GORDA ISLES! Beautiful 2 bedroom and 2-bathroom end unit at Gateway Point now available. Located on the 1st floor in the last building this is the best unit. You walk out the back door of this unit and have a real back yard and side yard to place your sitting chairs in the evenings and watch the sunsets or enjoy cocktails with your friends. This unit has more privacy than any other in the complex. Steps from your lanai door you will find your boat so no need to cart your fishing gear down steps or across parking lots. This is the best in condo living. Split bedroom floorplan with two screened lanais, private master suite with beautifully remodeled master bathroom. Indoor laundry, large second bedroom and fully remodeled guest bath. Walking distance to Fisherman’s Village and a bicycle ride to downtown Punta Gorda shopping dining, farmer’s markets, and entertainment. Punta Gorda was voted Top Places to retire. Gateway Point is a quaint well maintain complex with a clubhouse, heated pool, assigned covered parking and ample guest parking. RENTED 2025
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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 | $1,760 | $1,760 | $1,760 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $11 | $11 | $14 |
Total Monthly Payment | $86 | $86 | $89 |
* 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.