Incredible Opportunity Awaits! This turnkey furnished home is ideally situated and offers optimal privacy, nestled on one of the largest lots and set back from the road in Kings Gate Club, a highly sought-after cooperatively owned gated community. In this unique community, ownership and governance are shared among the residents.
Enjoy the welcoming atmosphere of the sunny living room and dining room adorned with custom window treatments. Step inside the over-sized, bright 12 x 31’ lanai to discover the spacious 372 square feet of additional living space. The large lanai not only expands your living area but does so with an abundance of natural light streaming through updated tinted windows providing a perfect atmosphere for relaxing, hosting gatherings, and for pursuing your favorite crafts.
This well-maintained home offers ample storage, with multiple large built-in wall units and spacious walk-in closets in both the master bedroom and guest bedroom. Noteworthy critical updates are found in key areas of the house including plywood subfloors and easycare double-pain windows. A new A/C unit was installed in November 2020. The property includes a roomy shed equipped with a washer, dryer, utility sink, and additional storage solutions.
Discover a vibrant and welcoming 55+ community designed to cater to your active and fulfilling lifestyle. As a proud owner within our club, you can enjoy a lengthy list of activities that utilize the abundant amenities including a clubhouse, an oversized swimming pool with lap lanes, fitness club, saunas, hot tub, game room, craft room, billiards, woodworking shop, 6 pickleball courts, shuffleboard, and tennis.
Just minutes away from the sun-kissed beaches and the historic downtown Venice, this location offers the best of both worlds. Seize this opportunity to embrace a lifestyle of comfort, convenience, and community. Your dream home awaits in the heart of Kings Gate Club - where every day is an invitation to live life to the fullest!
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Our Executive Mortgage Banker:
Our Insurance Division:
$245,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $196,000 | $196,000 | $196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.518% |
Monthly Tax Payment | $186 | $186 | $186 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,337 | $1,303 | $1,681 |
Total Monthly Payment | $1,598 | $1,564 | $1,942 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.