*Offering the ability to explore your financing options, obtain quick approval and get 1% off of your closing costs* Welcome to your perfect beach retreat! This charming studio condo has been fully updated to capture the ultimate beach vibe, featuring light-colored laminate flooring and sleek granite countertops. Enjoy the coastal ambiance with plantation-style shutters adorning the sliding glass doors. The bathroom is beautifully updated, and the condo boasts newer A/C and water heater systems. Located just steps away from Venice Beach, this property offers unparalleled access to sun, sand, and surf. The community features a heated pool and well-maintained sidewalks, surrounded by lush tropical plants, providing a serene atmosphere. Capture stunning sunsets over the Gulf of Mexico from the beach, just moments away. Enjoy the convenience of being close to downtown Venice and the popular Sharky's on the Pier. For boating enthusiasts, boat slips are available on the canal side for an annual additional fee. Additionally, Crow's Nest and Freedom Boat Club are just a short walk away. This condo comes fully furnished with a delightful beach aesthetic, making it an ideal vacation property or an excellent rental income opportunity. Don't miss out on this gem - your beach paradise awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$288,999
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 | $231,199 | $231,199 | $231,199 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $314 | $314 | $314 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,558 | $1,967 |
Total Monthly Payment | $1,986 | $1,947 | $2,356 |
* 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.