200 Dolphin Pkwy Punta Gorda, FL 33950
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About this home
Welcome to your Dream Coastal Home in Punta Gorda!!! This newly remodeled 3-bedroom, 2 bathroom is perfectly situated in a spacious cornet lot, offers open concept floor plan with a modern kitchen designed for both style and functionality, complete with big island perfect for cooking, entertaining and gathering with the family. The kitchen also includes waterproof cabinets for durability and brand-new appliances, giving you peace of mind and touch of luxury from day one. The home has been fully renovated (except for elegant bathrooms) featuring new lighting, new A/C ducts and high-quality laminate flooring throughout. Enjoy outdoor living at its finest with the beautiful, screened terrace features sleek tile flooring, modern ceiling fan and stainless-steel cabinetry. The large sliding doors open up to lush greenery creating a seamless indoor-outdoor experience ideal for gatherings, dining or simply relaxing while enjoying the view. Step outside and find a Brand-New deck (rebuilt 7 months ago) and a private dock equipped with water, electricity, and a fish-cleaning station perfect for boating and fishing enthusiasts. From your own backyard you have access to Charlotte Harbor and the Gulf of Mexico, plus your very own fishing spot. Additional highlights include double garage, laundry area, and no HOA or CDD fees. The home sits on flood zone, but importantly, it did not take on water during 2024 and carries a very affordable flood insurance policy. Located in a quiet, walkable, well-maintained neighborhood this property offers the tranquility and convenience buyers are looking for. Here you can find a unique blend of Old Florida charm and modern convenience with tree-lined, brick-paved streets and a variety of architectural styles. Close to St. Andrews South Golf Club, the Yacht Club, Fishermen's Village, Peace River Wildlife Center, Harborwalk and the historic downtown area of Punta Gorda, you can have access to arts, community events, entertainment, fine dining and shopping. Don't miss this opportunity! Seller is motivated and is helping with closings costs. Schedule your showing today !!!
Source: STELLAR #TB8424393
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.