Location, location, location! This gem is ready to be plucked right out of the sandy beach town of Venice FL. Wonderful 2 bed 1 bath + Flex Room with updates including: Updated Bath, Paint 2022, Roof 2022, A/C 2020. Located on the North side of the Island within walking distance to the beach. This is a Golf Cart friendly community, so jump in your golf cart and enjoy sight-seeing this lovely town. Come with me, let's take a drive down the main strip where the canopy of trees envelopes you. You will end up at the beach. Serene sunset beach walks await you. Throw out a line at the end of the jetty and see what bites. Stop in at the tennis courts for a quick game with some fellow residents. Watch a lively and friendly game of basketball. Getting hungry yet? Well let's ride on over to the award-winning restaurants for a bite to eat. Stroll along the sidewalks and you will find multiple quaint shops with the nicest beachy items, ice cream/candy shops, wine & coffee shops. Enjoy the park with a gazebo where concerts are often played, a library, the Venice Theatre, the arts center, the weekend Pop up Farmers Market, and so much more. Come and enjoy the beachy town you have always dreamed of. We are waiting for you.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,369 | $3,323 | $4,321 |
Total Monthly Payment | $3,875 | $3,829 | $4,827 |
* 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.