Welcome to this charming 2 bedroom, 2 bath home nestled on a quiet street west of the Trail. Solid built home on a large lot is ready for a new owner to bring out its full potential. Whether you're a first time home buyer, an investor, or looking for that perfect lot to rebuild, this is your property. This lot is large enough to park your big toys. Updates in 2024 include a new septic tank, drain field, and shower tile. Newer updates include water heater, AC, re-piped, attic AC ducts, kitchen cabinets, counters, range and microwave, toilet, bathroom vanity, ceiling fans, shed and driveway. Roof replaced in 2007 with cedar boards not plywood. The Sorrento Shores neighborhood is a stone's throw from the Gulf and is vibrant with character boasting a marina with 11 slips available for rent annually. (The marina is currently full with a waitlist. ) Blackburn Point Park has a public boat ramp and is only 2 miles north on the Trail. The park also has a canoe/kayak launch, fishing pier, rowing facility, unpaved trail and is dog friendly. Also close to Oscar Scherer State Park and The Legacy Trail. Beaches, grocery, restaurants and downtown Venice only a short drive. This is the ideal location to live your Florida dream. Sorrento Shores has an optional HOA fee of $80 annually.
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Our Executive Mortgage Banker:
Our Insurance Division:
$360,000
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 | $288,000 | $288,000 | $288,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $282 | $282 | $282 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,940 | $1,892 | $2,429 |
Total Monthly Payment | $2,297 | $2,249 | $2,786 |
* 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.