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$674,022Estimated home value

Beds
2
Baths
2.0
sq ft
1,517

103 Tropicana Dr, Punta Gorda, FL 33950

103 Tropicana Dr

PUNTA GORDA, FL 33950

  • Off market
    • Price drop $30,000↓
HUGE PRICE REDUCTION! Seller says, "Get it sold!" Location, Location, Location! This waterfront home is a boater's dream, situated just a short ride from open water via the deep water canal. Bring your yacht, power boat, sailboat, or personal watercraft and enjoy easy access to the sea! Key Features: No HOA, No CDD Fees, No Assessments – Enjoy the freedom of waterfront living without extra costs. Sea Wall Maintained by City of Punta Gorda – Peace of mind with city-managed sea wall maintenance. Dock with Power and Water – Ready for all your aquatic adventures. Updated Roof – A new Tuff Rib metal roof installed in 2023, built to last for 30 years. Inside, the home features: Versatile Floor Plan – Originally a 3-bedroom, now with a spacious family room. Elegant Finishes – Hardwood floors and ceramic tile throughout add warmth and beauty. Venetian plaster walls with a faux finish offer a unique touch. Chef’s Kitchen – Granite countertops, hardwood cabinets, and stainless steel appliances. Bright Dinette – Large picture windows provide stunning views of the waterway. Relaxing Primary Suite – Includes an ensuite and an oversized walk-in closet. While the yard and landscaping could use some TLC (the home was used as a weekend getaway), it’s an opportunity to make the space truly your own and turn it into the envy of the neighborhood. Additional Perks: Transferable FEMA Flood Policy – Added security for your investment. Don't miss out on this opportunity to own a slice of waterfront paradise!

Details

Property type

Single Family Residence

Est. home value

$674,022

Lot size

9,600 sq ft

Price per sq ft

$409

Year built

1970

Annual property taxes

$8,607.3

Price History

09/27/2024
StellarMLS

StellarMLS #C7491728

Removed
$619,000
09/06/2024
StellarMLS

StellarMLS #C7491728

Price change
$619,000
-4.62%
08/10/2024
StellarMLS

StellarMLS #C7491728

Price change
$649,000
-3.84%

Schools & Community

Elementary school: 

Sallie Jones Elementary

Middle school: 

Punta Gorda Middle

High school: 

Charlotte High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$331,184
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$238,296
Cash to seller
$331,184

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

April 2017

Original loan amount

$279,000

Est. remaining balance

$238,296

Interest rate

4.15%

Loan type

New Conventional, 30 year

Seller

Stephen L Schinner and Melissa J Schinner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 11:05 PM

Listing updated: 09/11/2024 at 8:14 AM

Listed by: Joe Mason, RE/MAX HARBOR REALTY Phone #: (941) 639-8500

MLS: StellarMLS #C7491728

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