Sweeping views of the Gulf of Mexico greet you as you enter this 8th floor unit. The enclosed lanai/balcony, the living room and the master bedroom offer views of spectacular sunsets, day after day. Gulf Horizons is conveniently located close to historic downtown Venice with shopping. entertainment and restaurants. There is no better location. In addition to the heated pool and the private beach, there is a club room, a laundry room just steps from your front door and a convenient trash chute. The unit comes with one designated, covered parking spot and 3-month minimum rentals are allowed 4 times per year with no prior years of ownership. In addition, sewer, water and trash are included in the condo fee. Waterfront property as stunning as this is becoming a rare commodity. Come see it today, take a walk on the beach, dip your toes in the Gulf and bask in the Florida Lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$870,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $696,000 | $696,000 | $696,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.864% | 6.725% |
Monthly Tax Payment | $631 | $631 | $631 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,457 | $4,514 | $6,063 |
Total Monthly Payment | $5,180 | $5,237 | $6,786 |
* 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.