Price just lowered! Seller will pay first quarter of your HOA fees! (That is 3 months). Now being sold turnkey, also available for Seasonal Rental!! Call for details. Welcome home to your beautiful new condo! You will definitely fall in love with this nearly new property in a wonderful Venice FL location. This is the newest building in Magnolia Park Phase 2 and is priced competitively. Owners have installed new hurricane impact windows for your peace of mind. The stunning 2 bed, 2 bath condo features soaring vaulted ceilings and a sleek modern design. You will love the smooth bright surface of the porcelain tile floors and quartz countertops throughout the property. The primary bedroom is large enough for a king size bed and features a walk-in closet as well as ensuite bathroom featuring a walk-in shower. The second bedroom and bathroom are located on the other side of the condo to ensure privacy for your guests. This unit was owned by snowbirds since 2022, barely lived in and very well taken care of. You will enjoy the walking paths, heated pool, and clubhouse as well as social activities. Beach lovers will delight in the short drive (2. 3 mi) to the pristine Nokomis Beach, featuring the very popular North Jetty. Other nearby places to enjoy are Venice Beach, the Legacy Bike Trail, shopping and dining in Venice, and the proximity to major highways, Rt. 41 and Rt. 75. You can also rest assured there is plenty of golfing in the area and also highly rated medical facilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$365,000
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 | $292,000 | $292,000 | $292,000 |
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 | $354 | $354 | $354 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,017 | $1,967 | $2,484 |
Total Monthly Payment | $2,446 | $2,396 | $2,913 |
* 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.