Beautifully remodeled condo on Venice Island! Blocks to the beach, this spectacular space has the ambience of brand new and the feeling of resort style relaxation. Upgrades include: New windows 2022; new water heater 2022 and complete remodel in 2024. The kitchen boasts 42 inch cabinets with soft close drawers, granite countertops, a spacious deep farm sink, new microwave and refrigerator. The floors are a combination of plank style ceramic tile and luxury vinyl. Attention to detail is apparent as you tour this unit with 6 inch baseboards, freshly painted walls, ceilings, doors and casings; new lighting, upgraded bathrooms and much more.
Community upgrades include: New roof in all buildings in 2023; New pool heater 2024; and Re-sleeved drain lines. Note: The Condo Reserve Study and SIRS has been completed.
This unit is being sold mostly furnished with new blinds and curtains, 3 new TV’s hung in bedrooms and living room, new couch and kitchen table and lots more!
Venice is a vibrant island with beaches, a stylish downtown with shops and restaurants to serve you and Venice Theater for your evening dramatic and music entertainment. It is close to all that Sarasota has to offer with more convenience. A great opportunity to live in Paradise! Make an appointment to see this charming unit today! (Note: Only 80% of residents must be 55 or older)
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William Raveis Mortgage, LLC
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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 | $195,920 | $195,920 | $195,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $228 | $228 | $228 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,337 | $1,302 | $1,652 |
Total Monthly Payment | $1,640 | $1,605 | $1,955 |
* 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.