29005 Palm Shores BOULEVARD, Punta Gorda, FL, 33982 | $747,900

BACK ON MARKET!! Peace and quiet on the Peace River! Bring everything and everyone, you now have the space. Situated on over 2 1/2 acres, across from the Peace River this compound is ready for all the things. There's room for your RV, boat, golf cart, horses, pigs chickens, in-laws or guests. You name it, you can accommodate it. Live the country life, but not sacrifice the salt life. Access to the Peace River and Charlotte Harbor is within minutes. The epitome of a do-what-you-want property there is no longer an HOA, and if you can't do it within your fenced two and a half acres, you probably shouldn't be doing it in a residential neighborhood : ) Property is zoned for 2 horses and hobby farm if that's on your list. The main home is a 3 bedroom split plan with a sparkling pool view out of every door and window. ADDITIONAL 1 BEDROOM HOME ON PROPERTY, to utilize as you need! Newly constructed and over 700 sq ft. , this little home would cost over $200k to build now! Current Owner was successfully renting it as a vacation home with a monthly income of $1500-$2000 (docs attached). This space is IDEAL for use as an income producing rental, multi-generational living, a home office or guest house. The home offers a FULL bedroom with en suite bathroom, a full size kitchen and living room and a half bath with laundry closet for guests. All of the BIG TICKET ITEMS have been addressed including newer metal roof, 2016 Lennox AC unit, and a $40, 000 entire home Solar Energy System, which is kindly reflected in the monthly electric bill. Kitchen and bathroom remodels were completed in 2020 along with the construction of the additional house. The coveted "Old Florida" aesthetic is right out your back door with your own fresh water pond on the back acre, dotted with Cabbage Palms, and Oak trees, surrounded with a brand new fence along the entire perimeter of the property. Keep it simple or landscape to your tropical hearts content, this property has just enough self maintained trees and plants, but ample space and sun for the fruit tree orchard of your dreams. This is one of those unicorn properties that shines for showings. Seller is offering an attractive lease option as well.

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 1986
  • Garage: 2-car Circular Driveway
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,467
  • Acreage: 2.52
  • Est. Taxes: $9,016
  • Lot Desc: FloodZone, Zoned for Horses
  • Elem. School: East Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Pool: Gunite, Heated, In Ground, Screen Enclosure
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4603684
  • Days on Market: 137 days
  • Website: https://www.raveis.com
    /prop/A4603684/29005palmshoresboulevard_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 11/1/2024 8:17:07 AM)
Listing courtesy of FINE PROPERTIES   Phone: 941-782-0000

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NMLS Mortgage Loan Originator ID 16953

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29005 Palm Shores BOULEVARD, Punta Gorda, FL, 33982

$747,900

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 $598,320 $598,320 $598,320
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment $751 $751 $751
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,132 $3,977 $5,046
Total Monthly Payment $4,975 $4,820 $5,889

* 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.