tomo logo

$950,000

Beds
3
Baths
2.5
sq ft
2,146

121 Colonial St SW, Port Charlotte, FL 33952

121 Colonial St SW

PORT CHARLOTTE, FL 33952

  • <1 day on market
Assumable VA Loan at an Incredible 2.875 Interest Rate! Welcome to your waterfront paradise in Port Charlotte! This meticulously maintained 3-bedroom, 2.5-bathroom home offers luxurious features and breathtaking views. Nestled on a deep sailboat-access canal, you'll enjoy unparalleled access to Charlotte Harbor—just a quick 3-minute ride through a no-wake zone. Live the ultimate Florida lifestyle with a heated, screened-in pool, perfect for year-round relaxation and entertaining. A new roof provides added peace of mind, while the home's immaculate condition reflects true pride of ownership. Step inside to discover a beautifully curated space ready for you to call home. From the spacious bedrooms to the tastefully designed bathrooms, every detail has been thoughtfully crafted for comfort and style. This rare opportunity to assume a VA loan at just 2.875 makes this waterfront dream home even more attainable—significantly lower than today’s market rates! Don’t miss your chance to own a piece of paradise. Schedule your private showing today and make 121 Colonial St SW your forever home!

Details

Property type

Single Family Residence

Est. home value

$803,793

Lot size

0.29 acres

Price per sq ft

$443

Year built

2001

Annual property taxes

$10,006.26

HOA

No

Price History

04/05/2025
StellarMLS

StellarMLS #TB8370649

Listed
$950,000
-9.52%
07/11/2024
StellarMLS

StellarMLS #T3512672

Removed
$1,050,000
05/20/2024
StellarMLS

StellarMLS #T3512672

Price change
$1,050,000
-4.55%

Schools & Community

Elementary school: 

Peace River Elementary

Middle school: 

Port Charlotte 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

-$1,737
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$875,737
Cash to seller
-$1,737

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

Seller’s Loan History

Lender

New Day Financial Llc

Loan start date

April 2022

Original loan amount

$927,220

Est. remaining balance

$875,737

Interest rate

3.76%

Loan type

VA, 30 year

Seller

Gregory J Rebac and Patricia Duque Velez

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: Active

Tomo last checked: 04/05/2025 at 11:30 PM

Listing updated: 04/05/2025 at 2:31 PM

Listed by: Jonathan Williams, BLUE ORCHID REALTY INC Phone #: (813) 516-8221

MLS: StellarMLS #TB8370649

StellarMLS logo

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