Under contract-accepting backup offers. AMAZING like NEW and RARELY available 2 1/2 Car Banyon model with SENSATIONAL water view in the gated golf course/active resort of highly desirable Kings Gate, a 55+ community (that is NOT in a flood zone, never has had a storm surge - is more than 20 feet above sea level and in evacuation zone D - have never been under an evacuation order). This home has been extremely well maintained with several nice updates/upgrades such as Porcelain tile in the bedrooms and den, 2022 ROOF and 2022 AC, impact windows throughout the house and accordion shutters to protect the enclosed lanai. Awesome paver patio providing zen like serenity and tremendous view of pond. And this home is being sold fully turnkey (with minor exceptions) allowing you to move right in and start enjoying the Florida dream life from day one. This open concept floor plan is well liked as the living room - lanai - dining room - kitchen(corian counters, solid wood cabinets) integrate seamlessly. Large master bedroom features walk in closets and his/her vanities plus a roll in shower. Guest bedroom near the front of the house provides tremendous privacy both for you and your guests. And the den in the middle has French doors that allow the room to be used as a bedroom, den, 2nd TV room - whatever fits your lifestyle. 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 AND NEWLY REMODELED 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 – you are 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 home with 2 1/2 car garage - LARGE lanai - WATER view in a PREMIER gated community won't last long. Call today for a private showing and a golf cart tour of the community/amenities.
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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** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $429 | $429 | $429 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,404 | $2,345 | $2,960 |
Total Monthly Payment | $2,908 | $2,849 | $3,464 |
* 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.