Don't miss out on this incredible opportunity to own an updated condo in the highly sought-after Kings Lake community of Naples! The seller is motivated and ready to make a deal, so bring your best offer! This spacious 2 bedroom, 2 bath home offers over 1, 300 square feet of living space, plus two charming lanais perfect for enjoying the Florida sunshine in the front of the unit, while the lanai behind the unit offers tranquility from the spacious back yard that feels like a tropical garden - no unwanted gators here!
Step inside and be greeted by an open floor plan with the capability of offering two private master suites. The living room features a bar area with a gorgeous stone wall that is pre-plumbed for a sink. The updated kitchen features euro style cabinetry, granite countertops, and an "eat-in" dining space. Both bathrooms have been tastefully remodeled with quartz countertops, new vanities, modern fixtures and finishes. You'll appreciate the convenience and peace of mind the electric roll downs offer on the back lanai too.
This condo has been well maintained and is move-in ready as a primary or vacation home - just bring your suitcase. The Kings Lake community allows owners to rent their units 3 times per year with 30 day minimum rental periods. At Kings Lake you and your guests can enjoy a wealth of amenities, including a heated pool, newly renovated tennis and pickleball courts, a BBQ/Picnic area, and a scenic walking path around the lake. With its prime location just minutes from downtown Naples, the beach and healthcare facilities, this condo is the perfect place to visit Naples Florida, or call home.
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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 | $280,000 | $280,000 | $280,000 |
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 | $275 | $275 | $275 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,886 | $1,861 | $2,361 |
Total Monthly Payment | $2,236 | $2,211 | $2,711 |
* 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.