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Welcome to Kings Gate Club, a spectacular 55+ gated cooperative in beautiful Nokomis, Florida! This home was remodeled with over $150, 000 in upgrades, and no expense spared. A full list of items is available in the MLS attachments; just ask your agent to share it with you! Even approaching the home, you’ll know this one is special when you see the pristine landscaping, fresh paint, and new windows. One of the most defining features of the home is the open floor plan, where walls were taken down to allow the kitchen, living room, and dining area to flow together into one open living space. The laundry was moved to a closet in this living space, and there is also a mud room type space when you enter the door. The subfloors were replaced throughout the home, and new luxury vinyl plank was laid down. To add to the luxuriousness, crown molding and taller base molding were added. The kitchen has granite countertops and new stainless steel appliances, including a raised dishwasher and ice maker. There is drywall and recessed lighting throughout the home. The guest bedroom has an ensuite bathroom, with a Jack and Jill configuration, and a barn door to separate it from the main living space. The master suite is at the rear of the home, and features an ensuite bathroom with dual vanities and walk-in tile shower, and remote controlled blinds on the windows! The Florida room is completely enclosed with window AC units, adding to the overall heated and cooled living space. The sliding glass door leading to the screen porch is a triple slider, allowing the outside to come in, and there is a deck out back, leading down to the pond. Under the carport, there is a huge storage shed! Furnishings are negotiable! Kings Gate Club is just minutes to beaches, shopping, restaurants, Sarasota Memorial hospital and I-75, yet hidden from public view. Even Siesta Key beach, which is ranked #2 beach in the US and 14th in the world, is less than 17 miles away! Among the many amenities that this community offers is the oversized swimming pool with lap lanes, 24-hour fitness center, saunas, community hot tub, game and craft rooms, woodworking shop, pickleball, tennis, bocce ball and shuffleboard courts for the sport enthusiast. Included in your HOA fees of only $438 a month (paid quarterly) are over 200 cable channels and state-of-the-art fiber optics internet, mowing, garbage, and water.
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $207 | $207 | $207 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,724 | $1,768 | $2,325 |
| Total Monthly Payment | $2,006 | $2,050 | $2,607 |
* 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.