1116 San Mateo Dr., Punta Gorda, FL 33950

ATTENTION potential buyers! There is an opportunity to assume this home's 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 cross canal views. By boat you can reach the Charlotte Harbor with in 10 minutes. The living room, dining room & family room feature carpeting and sliding glass doors to the lanai. This home has a new metal roof, updated air conditioner, pool equipment, and Bahama Hurricane Shutters.