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About this home
7875 Cleveland Dr is a home in Town Estates, Punta Gorda. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Located in the Desirable Community of Town Estates in the Cleveland area of Punta Gorda, FL that is less than 10 minutes away from north and southbound I-75 exits and the property is NOT located in a flood zone! This 1.01 acre lot has been CLEARED and GRADED so is ready for your new home! The 1.01 acres is mostly fenced and already has a PRIVACY HEDGE of 125 fast growing Calusia plants planted. Seller estimates that the fence, clearing, grading and plants would cost you approximately $50,000 in todays market! Located on a Charlotte County maintained paved road in a desirable area that has a country setting yet is close to town for fast access to shopping, dining and fun! Property is zoned RE1, so cannot be further divided. There is lots of room here for your house, toys, barn or shop!
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$99,000
Time on market
327 days
Monthly payment
About $626/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $730 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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