Located in the desirable 55+ community of Windmill Village, this 2005 Palm Harbor model offers 3 bedrooms and 2 bathrooms in an open-concept design. The home features a spacious living room, dining room, and an eat-in kitchen with a breakfast bar and two stools. The kitchen has wood laminate flooring, and all appliances were updated in 2020. A new air conditioning system was installed in 2024. Additional upgrades include an AMS metal roof with a transferable warranty, crown molding, drywall, and ceiling fans in every room. Accordion hurricane shutters protect all windows except the dining room, and a Generac generator with only 20 hours of use is included. The exterior offers Trex steps and landing, under-house storage on a concrete slab, curbing, and mow edging around the entire home. The lanai is under air with impact windows, and the living room was furnished with new furniture in 2021. This active lifestyle community features two private marinas which are free on a first-come first-serve basis, boat ramp, trailer storage yard, horseshoe pits, shuffleboard, bocce ball, billiards, indoor pickleball, a large community center and a many clubs catering to your hobby interests. The new Pavilion by the heated pool offers an area for holding gatherings. Punta Gorda was voted “#1 Best Small Place to Live” by Money Magazine and Forbes. Purchase price does not include $18, 285 for Buy-In Share and Bond, which is refunded when you sell. Schedule your showing today to see this beautiful home! This is your paradise!
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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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $124 | $124 | $124 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,251 | $1,250 | $1,612 |
Total Monthly Payment | $1,450 | $1,449 | $1,811 |
* 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.