1116 SAN MATEO DR Punta Gorda, FL 33950

ATTENTION potential buyers!
There is an opportunity on this property to assume the VA Mortgage at a much lower interest rate than currently available.
The VA assumable mortgage allows for loan assumption under the following conditions:
1-The buyer, even if not a veteran, can assume this VA loan at an interest rate of 3.75%.
2-The buyer needs to meet the qualification criteria and provide sufficient proof of funds to bridge the gap between the purchase price
and the loan balance, which is approximately $360,000.
3-The buyer must intend to use the home as their primary residence.

This home's location is hard to beat in Punta Gorda Isles, the lot alone is valued between $400K & $500K. This lovely 3 bedroom 2 bath home, built in 1979 sits on a sailboat canal with tantalizing cross canal views. The east facing lanai and pool are a great backdrop for the Florida sunrise of a new day. While you are untieing your boat to go boating you are looking forward to being in the harbor in as soon as 10 minutes from take off. Stepping inside, the spacious living room and dining room feature plush carpeting and sliding glass doors to the lanai for entertaining ecstasy. The step saver kitchen has a breakfast bar and breakfast nook with sliding glass doors that open to reveal a breathtaking view of the canals and garden. After dinner, from the kitchen you head on over to the spacious family room for desert & coffee. The primary bedroom, with its own ensuite bathroom, overlooks the pool and canal, the other two bedrooms are equally inviting and share the 2nd bath. This home comes with a new metal roof, updated air conditioner and pool equipment, and Bahama Hurricane Shutters for lots of peace of mind. Schedule a tour today, you'll want to make this gem your own!