This Home has weathered the last 2 storms! It just needs some TLC .
Huge price reduction! , The home had some water intrusion during the last 2 hurricanes, but the home has been around since 1966 and has weathered many Florida storms!
Discover this charming home located in the quaint community of Eljobean, the home features 2 bedrooms and 1 bathroom. The residence includes an inviting open covered porch on the side, perfect for enjoying the Florida breeze, and a spacious covered and screened porch at the rear of the home for year-round outdoor entertaining. Inside, warm wood-look laminate flooring is what is currently installed. and the updated kitchen. The converted garage adds valuable space with an extra bedroom, and bathroom (please note this conversion is not permitted), offering versatile options for a guest suite or home office. Additionally, a generously sized shed on the property provides ample storage space for seasonal gear, garden tools, and more. The roof was replaced in 2022, ensuring durability and peace of mind. The property is just a few minutes from the Myakka River fishing pier and a short distance from the popular "The Bean Cafe, " where you can enjoy live music and a vibrant atmosphere without the need to drive. The vibrant Port Charlotte Town Center, with its shopping, dining, and entertainment options, is only 10 minutes away. Sports enthusiasts will appreciate the nearby sports park, and beach lovers will enjoy the short 20-minute drive to the Sunseeker resort. This home offers a perfect blend of comfort, convenience, and community charm—come see it for yourself! Cash Only!
ALL Offers must be submitted using a Florida AS/IS contract. Please provide proof of funds with All offers! Sellers will look at all properly submitted Offers for consideration.
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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 | $103,920 | $103,920 | $103,920 |
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 | $109 | $109 | $109 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $691 | $691 | $876 |
Total Monthly Payment | $874 | $874 | $1,059 |
* 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.