EXCELLENT opportunity for first-time homebuyers, seasonal residents, or investors at an unbelievable price! Your new home is Not in an age restricted community, there is NO 'minimum years of ownership' requirement in order to lease, there are NO pending assessments AND the association has not increased condo fees for 2024! It gets even better, EVERYTHING stays - you won't be lacking a thing - just bring your suitcase and your family! Original owners enjoyed their condo for many years and you will benefit from their foresight and thoughtfulness. The leather sofa in the living room doubles as a queen-sized sleeper, the king-size trundle bed in the guest room allows ample sleeping comfort at night and plenty of flex space by day. Recent upgrades (2 yrs) include newer kitchen appliances which make cooking a delight, hurricane shutters enable safety during a storm, and the decorative epoxy flooring on the lanai is not only attractive, it’s easy to maintain. The windows are impact resistant, storage spaces have been maximized with shelving, sink and bathroom receptacles have been upgraded to GFCI, the quality Berber carpet is well-maintained, and the Water Heater and AC are less than 10 yrs. old. Your assigned parking spot is out of the weather, near the elevator - your premier condo-plex is well managed, well maintained, and well protected with security cameras throughout as well as electronic exterior access. The Promenades East Condo Association has been awarded the Business Hall of Fame - Best of 2023 award, and is a great place to call home! You will enjoy the comfort of maintenance-free living with an onsite manager/maintenance personnel, a gorgeous heated pool, spacious spa, loads of fun activities and the added benefit of being conveniently located to anywhere you'd like to be. Charlotte Harbor is close by, beautiful Fisherman's Village with its quaint shops and water-front restaurants is just across the river, and the outstanding Allegiant Sunseeker Resort is open for business! Golfing, beaches, churches, and medical facilities are all within reach, and easy access to I-75 allows you to catch a flight from Punta Gorda Airport when you need a change of scenery, or stay at home and xperience the glory of a Florida sunset from the privacy of your fourth floor balcony! Original owners loved their condo and their pride of ownership shows . . . now it’s your turn, make it yours today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$177,000
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 | $141,600 | $141,600 | $141,600 |
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 | $198 | $198 | $198 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $883 | $860 | $1,119 |
Total Monthly Payment | $1,156 | $1,133 | $1,392 |
* 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.