Discover this incredible waterfront side-by-side duplex in the highly sought-after, deed-restricted community of Punta Gorda Isles. Known for its golf course and water access, this property boasts a 70-foot concrete seawall, concrete dock, and powerboat access to Charlotte Harbor and the Gulf of Mexico. Enjoy stunning water views along the canal from this well-maintained building. These Gulf Access duplexes do not come up very often and make for an excellent opportunity for 1031 exchange or an investor looking to do short term rentals.
Each unit features:
2 spacious bedrooms
2 bathrooms (one with a walk-in shower and the other with a tub/shower combo)
A well-equipped kitchen
A Great Room
A large 180 SF screened lanai
Flooring with carpet and tile
Ample closet space
A one-car garage with laundry facilities
Each unit has its own water and electric meter, and while not all units include microwaves, the property is in excellent condition and currently occupied by tenants. A 24-hour notice is required for showings.
Bonus: The neighboring duplex 2622 Magdalina drive, owned by the same seller, is also available for purchase (MLS#C7495111 ).
Located just minutes from historic downtown Punta Gorda, you’ll have easy access to shopping, dining, medical care, waterfront parks, boat ramps, fishing piers, walking and biking paths, art galleries, Fishermen's Village, weekend farmers markets, and numerous events. Dont hestitate act fast and schedule your private showing now.
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William Raveis Real Estate
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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 | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $576 | $576 | $576 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,274 | $3,190 | $4,083 |
Total Monthly Payment | $3,942 | $3,858 | $4,751 |
* 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.