Under contract-accepting backup offers. PRICE ADJUSTED! Welcome to 1702 Reef Court! If you appreciate older homes for their structure, character, neighborhood, and very low fees, this may be your next home! Located in the established community of Venice Gardens, this one-level 3 bedroom, 2 bath pool home offers a convenient floor plan & is located on a quiet cul-de-sac. Well-built in 1974 and sturdy, this home has endured Ian, Helene, and Milton without any flooding, not even standing water on the streets. This is a well-functioning home, re-plumbed with all mechanicals and systems maintained & upgraded for effectiveness & efficiency. Customize and define the space for YOUR needs. Enter through the covered screened front porch to an open living space that flows to a spacious dining area & to additional living area with access to the pool. The combined living spaces wrap around an efficient kitchen with abundant cabinets, granite counters, specialty lighting/fan, eat-at counters & dinette space, & French doors to the pool area. A two-car garage & lengthy driveway provide additional parking. This is a home to be lived in & shared with friends & family! Many features/recent improvements include multiple remote lights/fans, hurricane windows, 2016 roof, 140' deep well for irrigation, whole house Halo 5 filter system, reverse osmosis in kitchen, newer water heater, screened-in front porch, custom window blinds/shutters, ultra-violet light & air scrubber in a/c, replaced ductwork, and. . . , both bathroom exhaust fans have speakers for listening to your favorite tunes! A Ring doorbell & camera security feature are installed & available to you via a simple app. But wait! There's more! Seller had installed 37 solar panels at a cost of $36, 130 that are COMPLETELY PAID OFF! The average monthly electric bill for the last 13 months was $98. You benefit from the enormous savings! The property has a fenced backyard for your pets or play, and a large pool area with under cover and lounging space. Venice Gardens is an established community/neighborhood with this home's HOA fee of $100/annually, under ground utilities accounting for fewer electrical outages in storms, no risk of further development, different & charming home styles with outdoor space, pet friendly, no CDD, minutes to shopping, golf courses, restaurants, services, historic downtown Venice, parks, beaches, and I75. Home is where the heart is & where memories are made. New memories await!
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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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $196 | $196 | $196 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,097 | $2,122 | $2,692 |
Total Monthly Payment | $2,368 | $2,393 | $2,963 |
* 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.