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Welcome to 358 Lake Way in Gull-Aire Village, a desirable 55+ active golf cart community in Oldsmar where you own the land and enjoy a low $70/month HOA. This beautifully maintained 1998 Jacobson home offers 3 bedrooms, 2 bathrooms, and 1, 296 sq ft of heated living space with over $40, 000 in upgrades and improvements completed since 2023. Step inside to a bright and inviting interior featuring refinished hardwood floors throughout the living room, dining room, kitchen, and hallway, along with new carpet in the bedrooms. The home has been extensively refreshed with popcorn ceilings removed, modern orange peel wall and ceiling texture, and fresh interior paint throughout all walls and doors. Updated lighting fixtures, new electrical switches and outlets, and five remote-controlled ceiling fans enhance comfort and style. The updated kitchen offers abundant cabinetry, ample counter space, and a breakfast bar, along with new LG stainless steel appliances including a double oven range, French door refrigerator with craft ice, dishwasher, vent hood, and microwave. The countertops were refinished with spray epoxy for a fresh modern look, and six recessed can lights were added to brighten the space. The home features a split bedroom floor plan for privacy. The primary suite includes a barn door entry to the en-suite bathroom and updated lighting. Both bathrooms have been refreshed with new faucets, new toilets, fresh paint, and new exhaust fans. Additional upgrades include interior shutters, new interior door hardware, lighting added in the primary closet and laundry closet, and a rebuilt sliding glass door. Enjoy Florida living in the front porch / Florida room with acrylic windows and new exterior screening, providing a comfortable space to relax year-round. Outside you will find new landscaping with decorative granite rock and an additional custom storage shed installed behind the home. Major updates include: New roof (2025), New hot water heater (2026), New double pane windows (2023), Hardwood floors sanded and refinished (2023), and New bedroom carpet (2023). The heat pump (2013) has been professionally serviced every six months and had minimal prior use by the previous snowbird owner. Average utility costs are approximately $135/month for electric and $80/month for water. Residents of Gull-Aire Village enjoy an active community lifestyle featuring a clubhouse, heated pool and spa, shuffleboard courts, bocce ball, library, billiards, and social activities. The community is conveniently located near shopping, dining, and entertainment with grocery stores, restaurants, and retail within walking distance. Just minutes away are Countryside Mall, Publix, Walmart, and Countryside Hospital, with an easy commute to Tampa International Airport. The award-winning Gulf beaches of Honeymoon Island and Caladesi Island State Park are approximately 20 minutes away. This property qualifies for conventional and FHA financing, and the seller is offering a 1-year home warranty for the buyer. The home sits on a 50 x 80 lot with boundary markers in place.
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Our Executive Mortgage Banker:
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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 | $207,920 | $207,920 | $207,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.403% | 6.508% | 5.668% |
| Monthly Tax Payment | $248 | $248 | $248 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,245 | $1,297 | $1,685 |
| Total Monthly Payment | $1,568 | $1,620 | $2,008 |
* 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.