Unlock a world of possibilities with this remarkable mixed-use/office property nestled along the serene Intracoastal waterway, strategically positioned in the heart of downtown Venice. Currently home to the prestigious Venice Gondolier, a Sun newspaper for South Sarasota County, this property is primed to become a dynamic hub for businesses seeking an exceptional location. Two buildings: 25, 062 SF offices and 12, 370 SF light industrial sit on a large 1. 88 acre lot just off N Tamiami Trail and E Venice Avenue in the business district. Venice is located between Fort Myers and Tampa Bay. The beachside city boasts some of the most stunning buildings and boulevards whose designs display the look of an Italian city. Some of the best Gulf beaches are here too. It is known as “The Shark Tooth Capital of the World” due to its abundance of shark teeth that wash up on the beaches. Venice is also home to the Venetian Waterway Park, a scenic trail that follows the Intracoastal Waterway. The city's historic downtown offers an array of unique shops, restaurants, and attractions plus a brand new branch of Sarasota Memorial Hospital further east of downtown, making this a top 'move to' destination!
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:
$8,900,000
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 | $7,120,000 | $7,120,000 | $7,120,000 |
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 | $3,022 | $3,022 | $3,022 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $46,180 | $45,590 | $63,006 |
Total Monthly Payment | $49,327 | $48,737 | $66,153 |
* 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.