DESIRABLE OPEN CONCEPT with this TURNKEY (just bring your toothbrush) villa in the gated golf course/active resort of highly desirable Kings Gate, a 55+ community (evacuation zone D - have not been under any evacuation order, more than 20 feet above sea level - storm surge has not been an issue, not in a flood zone - no flood insurance required). Come and enjoy AFFORDABLE MAINTENANCE FREE LIVING. VERY LARGE living room that is open to kitchen and dining room and interacts with the expanded lanai nicely. Large back and side yard to enjoy view/privacy from the lanai and/or also to have a place for you or your dog to enjoy. MANY FEATURES in this villa that are difficult to get today (EXPANDED LANAI, 21 foot driveway, insulated garage ceiling and more). The master bedroom is located to the back left in this villa with the guest bedroom and bath in the front right - providing tremendous privacy for both you and your guests. The den has doors that allow you to use that room as a private office, 3rd bedroom, or 2nd TV room - whatever fits your lifestyle. The screened in lanai provides fresh air and a relaxing spot for your morning coffee and/or your favorite after dinner drink. The kitchen features corian counters, cabinets with pull outs for ease of access, and above and under cabinet lighting. This villa is being offered FURNISHED/TURNKEY and with impact glass in place you'll enjoy storm protection, enhanced energy efficiency, and peace and quiet. ROOF from 2022. And if you haven't been to Kings Gate before - you're going to love the options for activity (Olympic size heated swimming pool and spa, tennis courts, pickle ball, lawn bowling, shuffle board, bocce, horseshoes, gym, billiards, library, euchre, bingo, bridge, Texas hold em, poker, mahjong and more). The onsite Lions Den restaurant and bar is super convenient and also offers Tuesday night Karaoke and monthly trivia contests. Many residents love the fact that they are just a golf cart ride away from the Winn Dixie shopping plaza that provides you access to grocery store, drug store, bank, restaurants and shopping. Want to explore outside of Kings Gate - your minutes away from the restaurants and shops of downtown Punta Gorda and Fisherman's village. And if you want to explore more of Florida's fun spots you’re near I75 to quickly head north or south. An AWESOME Floor plan that's fully furnished and AVAILABLE NOW in a PREMIER gated community needs to be on your list. Call today for a private showing and a golf cart tour of the community/amenities.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $247,200 | $247,200 | $247,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $345 | $345 | $345 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,707 | $1,665 | $2,103 |
Total Monthly Payment | $2,127 | $2,085 | $2,523 |
* 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.