3311 Areca STREET, Punta Gorda, FL, 33950 | $223,000

Are you ready to buy, but not to move? Are you looking to buy an income producing property with the option to make money until you retire to beautiful Punta Gorda? Welcome to this beautifully updated 3-bedroom, 3-bath home in the heart of Charlotte Park, one of Punta Gorda's most desirable neighborhoods. This spacious residence offers the ideal blend of comfort, style, and functionality—all at a price per square foot that’s unmatched in the area!
Key Features:
Move-In Ready: Recently appraised above the asking price and with clean inspection reports, this home is ready for you to move in and start enjoying the Florida lifestyle. The roof is just 3 years old, new range, and for added peace of mind, a one-year home warranty is included.
Spacious Living: The freshly painted interior, new carpets, and updated kitchen flooring create a welcoming atmosphere. The open floor plan connects the living room, dining area, and kitchen, making it perfect for both daily living and entertaining. Cozy up to the real wood-burning fireplace on cooler evenings.
Gourmet Kitchen: The heart of the home features a functional kitchen with a large center island, bar seating, and a dinette area—ideal for family gatherings and casual meals.
Outdoor Oasis: Enjoy the expansive backyard with plenty of space for outdoor activities. A large shed provides ample storage for your tools and toys.
Prime Location: Just blocks from public and community boat ramps, this home is perfect for fishing and boating enthusiasts. With no deed restrictions, you have the freedom to park your boat or RV right at home. Plus, you're minutes away from shopping, dining, and local amenities.
Built to Last: This modular home, constructed to Florida’s rigorous building codes, is designed to withstand winds of 130+ mph. It’s NOT a manufactured home, and original flood elevation and survey documents are available for your peace of mind.
Motivated Seller: The seller is open to creative offers and may consider buyer concessions—seize this opportunity to make this home yours before the winter selling season begins!
Schedule your private showing today and secure your place in Punta Gorda’s vibrant community.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 80 x 120
  • Laundry: Inside, Laundry Room
  • Year Built: 2006
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,620
  • Acreage: 0.22
  • Lot Size: 80 x 120
  • Est. Taxes: $3,486
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: C7476332
  • Days on Market: 372 days
  • Website: https://www.raveis.com
    /prop/C7476332/3311arecastreet_puntagorda_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 11/22/2024 6:02:34 AM)
Listing courtesy of R & R CONSULTING LLC   Phone: 941-916-1662

William Raveis Family of Services

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888.699.8876

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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

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
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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

3311 Areca STREET, Punta Gorda, FL, 33950

$223,000

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 $178,400 $178,400 $178,400
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 7.477% 7.159% 6.296%
Monthly Tax Payment $291 $291 $291
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,187 $1,186 $1,504
Total Monthly Payment $1,552 $1,551 $1,869

* 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.