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One or more photo(s) has been virtually staged. Newly remodeled and rarely available Lake front home in Gulf Gate Woods. Excellent location near Beaches and shopping. This spacious pool home sits on a large lot with 128 feet of water frontage. The home was extensively renovated in 2023/2024 and features a new kitchen with quartz countertops and stainless steel appliances, new wood look tile throughout the house, new bathrooms, recessed lighting, new baseboards, all switches and outlets replaced. Sewer and drain lines inside the house have been replaced and the home was re-plumbed overhead with PVC. The split floor plan offers a master bedroom with a walk-in closet and a fresh, modern bathroom with walk-in shower and double vanity on one side of the house. The second bedroom with a walk-in closet and a bathroom sits on the other side of the house. The third bedroom, adjacent to the master, makes an excellent office or guest bedroom. The beautiful, open concept floorplan with lots of windows, allows for a large supply of natural light and makes this house feel spacious and ideal for entertaining. Just off the kitchen, is the indoor laundry room with a utility sink and washer/dryer, all with access to the two-car garage. Stepping into the screened-in pool enclosure, you will be amazed by the scenic view of the lake and the surrounding nature. Take a dip into the pool, equipped with an electric pool heater and a newer variable speed pump. Situated on nearly a third of an acre, this solid block home has undergone all major renovations with permitted work. Salt Water Pool and pool cage 2015, pool heater 2016, tile roof 2005, AC 2022, water heater 2020, variable speed pool pump 2021, paver driveway and walkways 2015. No flood insurance required. The house is less than 3 miles from Siesta Key Beaches and a short ride away from Gulf Gate Village with its shops, bars, restaurants, groceries and so close to the library, Legacy bike trail, golf courses, fitness centers, boat clubs, highly-rated schools etc. Gulf Gate Woods is one of the most sought-after communities with deed restrictions and excellent Schools nearby.
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Our Executive Mortgage Banker:
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$669,000
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 | $535,200 | $535,200 | $535,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.282% | 6.623% |
Monthly Tax Payment | $519 | $519 | $519 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,606 | $3,606 | $4,625 |
Total Monthly Payment | $4,217 | $4,217 | $5,236 |
* 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.