GLAMOROUS KINGS GATE LAND OPPORTUNITY! Welcome to your slice of paradise in Kings Gate, an exclusive 55+ community. This serene property is perfectly positioned on the bank of a tranquil lake nestled in the heart of the community, offering an ideal setting for your Florida dream retreat. Just imagine not having to renovate and customize an existing lakefront home… that just isn’t “the right fit” for your wants and needs but being able to pick out the finishes and upgrades in YOUR NEW HOME from the start! Not to mention your new manufactured home, outfitted to meet all the latest hurricane and building codes lot will afford you the peace of mind you so rightfully deserve; surrounded by natural beauty and the charm of a vibrant, tight-knit community. As a resident of Kings Gate, you’ll enjoy an abundance of amenities designed for an active and fulfilling lifestyle. Whether you fancy a friendly tennis match, a dip in the resort-style community pool, a workout in the fitness center, or a relaxing afternoon at the clubhouse, there’s something here for everyone. Boating enthusiasts will appreciate the community boat ramp, while social butterflies can take advantage of numerous events and activities. Located just minutes from I-75, this property provides convenient access to world-renowned beaches, exceptional shopping, and fine dining within a short drive. Don’t miss this rare opportunity to design the home of your dreams in this coveted community. CALL TODAY BEFORE THIS OPPORTUNITY SAILS OFF INTO THE SUNSET WITHOUT YOU! (MIN. SQFT. OF 960 SQFT. FOR NEW HOMES & THEY MUST HAVE SHED & CARPORT ATTACHED. STANDARDS AVAILABLE FOR REVIEW)
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Our Executive Mortgage Banker:
Our Insurance Division:
$119,900
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 | $95,920 | $95,920 | $95,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $622 | $614 | $797 |
Total Monthly Payment | $697 | $689 | $872 |
* 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.