RARELY AVAILABLE UPDATED UNIT IN PREMIER GATED WATERFRONT STEPS AWAY FROM DOWNTOWN VENICE ISLAND. PET FRIENDLY. Quality 2004 construction, open floor plan, upgrades throughout, IMPACT windows, sliding doors, and high ceilings make this residence special. This second-floor condominium offers breathtaking views from the moment you step inside, perfectly positioned to showcase the natural beauty of the Intracoastal Waterway. This beautiful unit is meticulously designed with new high-end finishes throughout, featuring upgraded designer lighting, quartz countertops, induction range, solid wood soft-close cabinets, and additional cabinetry on the kitchen peninsula’s back side for extra storage. The primary updated bathroom shines with new vanities, tiles and updated plumbing, while the updated guest bathroom showcases a beautiful shower accessible from the second bedroom through a pocket door. The primary bedroom’s bottom-up/top-down shade ensures versatile light control and the walk-in closet features built-ins for added convenience. The condo also includes custom cabinets in the laundry room, a den/library with built-in cabinetry, and a Murphy bed with extra storage in the second bedroom that conveys with the home. Recent upgrades include a new A/C unit (2021), a hot water heater (2017), and nearly all kitchen appliances were upgraded and replaced within the past year. Additionally, the HOA fee is notably less per month than other buildings in the community, and residents benefit from designated under-building parking. For the outdoor enthusiast, the community offers a heated pool, a day dock with electricity and water, perfect for kayaking, paddle boarding and short-term dockage. When you are ready for outdoor activities, the Venetian Waterway Park is just outside your door. Take a leisurely waterside stroll or hop on your bike and ride all the way to Caspersen Beach (famous for sharks'; tooth hunting) or follow the other direction where it connects with the famous LEGACY BIKE TRAIL. You’ll find yourself just steps away from downtown Venice's fabulous restaurants, unique shops, lively entertainment - including the renowned Venice Theater - and of course, the beautiful beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
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 | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $529 | $529 | $529 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,726 | $3,722 | $4,723 |
Total Monthly Payment | $4,347 | $4,343 | $5,344 |
* 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.