Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Charming, unique, and affordable this 1BR/1BA/ home offers more than meets the eye! Nestled in the heart of South Venice, this property features a spacious 30x30 garage with both a two-bay and one-bay garage door, plus a large workshop. The versatile garage space could easily be converted into additional living areas, giving you endless possibilities to expand. Perfect for comfortable living or entertaining, the home features a spacious kitchen with beautiful kitchen cabinets and breakfast bar. The bedroom is huge with sliding glass doors that lead to a screen in lanai that provide shade and character, creating a serene outdoor space. Recent updates include a newer roof, ensuring peace of mind. Outside, you'll find mature oak trees. Minutes away from famous South Venice Ferry and Boat Ramp, miles and miles of beautiful beaches including Manasota Beach with public boat launches, Venice Beach, Caspersen Beach and Venice’s very own dog beach Broward Park. Conveniently located just a short drive to Wellen Park with nightly live music and downtown Venice with all the specialty shoppes and restaurants. The island of Venice has many parks, a weekend farmers market, frequent community festivals and arts and crafts shows. You'll also enjoy state-of-the-art medical facilities and Sarasota Memorial Hospital close by. Whether you're a first-time homebuyer, downsizing, or seeking a unique property with room to grow, this home offers a prime location and unmatched potential. Don't miss this opportunity—schedule your showing today!
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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 | $187,200 | $187,200 | $187,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $284 | $284 | $284 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,261 | $1,244 | $1,579 |
Total Monthly Payment | $1,620 | $1,603 | $1,938 |
* 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.