Under contract-accepting backup offers. This beautiful home is nestled on the north end of Venice Island almost a half acre on the Inter Coastal Waterway with a 12, 000 lb. electric boat lift at the dock. This location has been impacted by the last two hurricanes. Flood water entered the home. As a result, a new price has been determined to give the buyer the option to remodel or rebuild. There are no bridges to the Gulf of Mexico and is directly across from Roberts Bay Sports Boating Area and near by the Yacht Club/Venice Youth Boating Association. It is a playground for the water enthusiast. This location is minutes to the Venice Island Airport for the closest possible air travel, and is close to golf, tennis, beaches and famous downtown Venice Avenue accessing great food, shopping, farmer's market and festivals. This home welcomes you as a charming and well maintained property. It greets you with beautiful natural light at the entry way coming from southern exposure. The great room/dining room has cathedral ceilings and takes your eyes to the water views via the collapsed sliding glass doors that immediately expand the living space. Off this area is the bright, spacious kitchen complimented with corian counter tops and light cabinets. The Florida room flows off the kitchen allowing full view of the pool and water. The master bedroom and bath are spacious with Jacuzzi tub, bidet, and direct view of the water. The guest suite is also bright and spacious with full bath and walk in shower. The lanai is constructed with cool deck and large dining space for entertaining with an overhang ceiling for optimum comfort. The pool is well maintained and presents with a peaceful view of the ICW in a private setting. Lastly the oversized two car garage has plenty of space for extra storage and work bench with a laundry room off the garage. This split bedroom ranch home is a rare find for this location and lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $605 | $605 | $605 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,684 | $10,536 |
Total Monthly Payment | $8,513 | $8,414 | $11,266 |
* 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.