This is Island Style Living at its Best! There are only 12 condos in this Bermuda Sunset community, and rarely do they become available! Some of the most recent building improvements in 2024 include: new metal roof and new Otis elevator. Also important to note: there was no damage from the recent storms and hurricanes (Ian, Helene, Milton). Some of the renovations and updates to this condo include: Removal of metal hurricane shutters and replaced with hurricane impact glass sliders (2022), which not only increases your living square feet but also provides you with a clear, expansive and unobstuctive view of the Gulf! For your comfort and convenience, remote-control screens for the glass sliders can block excessive heat and light (2022); Hurricane impact front door (2023); Hurricane impact all windows (2019); New A/C Unit, 10-year parts and labor (2023); Kitchen renovation (2015) and LG appliances (2019). Both bathrooms and all the flooring were also updated. The garage door is also new, for 2-car tandum parking, with keypad and remotes. Living on Venice Island is like being on vacation every day! A variety of beaches to take in, wonderful restaurants to experience, shopping & entertainment to enjoy, and just taking a leisurely evening stroll along Historic Downtown Venice. Yes, it's never been a greater time than now to make that move and live the good island life!
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:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $569 | $569 | $569 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,486 | $6,403 | $8,849 |
Total Monthly Payment | $7,179 | $7,096 | $9,542 |
* 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.