Here is your Florida dream home! This beautiful, freshly painted, Minto built Magnolia in the much sought after Nottingham Villas of Kings Point is just waiting for you. The Magnolia is the largest Minto home and has a full three bedrooms plus a den. Entering through the screened entryway via the front door you will be greeted by a long and spacious hallway leading to the open floorplan living room, dining room, and kitchen. The kitchen has 42" cabinets with crown molding, lovely granite counters, beautiful tile backsplash, and even undercabinet lighting. The appliances were newly installed in 2023. The spacious living room and dining room are bright and airy with crown molding throughout the entire home. There are hurricane windows throughout the home including the trifold sliders. There are also custom shades for the Florida room and sliders. Going through the sliding glass door to the Florida room gives you beautiful views of the pond behind the home and makes a perfect place to enjoy the wildlife while having your morning coffee or evening drinks. The primary bedroom looks out over the pond also. The ensuite bathroom has dual sinks, a large shower, and two closets, one of which is a walk-in. The split floorplan allows guests to have privacy with the two other bedrooms and the den being at the front of the home. This home has plantation shutters throughout. The laundry room has cabinets above and granite countertop on the floor cabinet. The garage, with an epoxy floor, has shelves, an extra-large water heater, and a water softener. There is also a roll down remote controlled screen on the garage door. The water heater (large 50 gal) was replaced in Dec. of 2023. The AC is new and has a 10 year warranty through Dell Air. The KPW platinum plan is in place and can be prorated and transferred to the new owner. This home has been immaculately maintained. It is close to the South Clubhouse, pool, and restaurant and also near the back gate. Kings Point, between Sarasota and Tampa, is an ideal location. The 55+ gated community has terrific facilities, including five pools, two fitness centers, and over 200 clubs for your enjoyment. It is convenient to shopping, world class museums, Busch Gardens, Orlando, sports, and entertainment with wonderful beaches nearby. Schedule your showing today!
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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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $348,000 | $348,000 | $348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $288 | $288 | $288 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,345 | $2,313 | $2,935 |
Total Monthly Payment | $2,708 | $2,676 | $3,298 |
* 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.