One or more photo(s) has been virtually staged. Welcome to the prestigious Island of Venice, Florida. Whether this is your home away from home or your permanent residence you will fall in love with your choice! This sun-drenched home was built in 1961. With endless renovations, you will have the ease of living in a modern home while retaining all the charm of a midcentury home. Add to that the VERY LARGE DEEP POOL, so rare to find and too expensive to build, and you have found the Florida home you wished for. The backyard has Florida friendly landscaping and a magnificent lychee tree. So yummy! There is ample yard space for children and your furry friends to play in. Updates include: low E hurricane-rated sliding doors & ESW low ESW low E hurricane rated windows, all new plumbing & drains, new roof, updated electric, kitchen with all new cabinets, counter and appliances, new Italian porcelain floor tile throughout the home and new A/C ductwork. Located just blocks from Sharkey's Pier, around the block from the recent Venice Mercato on the Island - A Vintage Market, 1 mile to Service Club Park with beach access, doggie park & short walk to historic downtown, Venice. This property positions you at the nexus of coastal life. Let's make your dream come true! Call me, I would love to take you on a tour.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $484 | $484 | $484 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,482 | $4,540 | $6,146 |
Total Monthly Payment | $5,058 | $5,116 | $6,722 |
* 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.