617 Guild DRIVE, Venice, FL, 34285 | $449,900

617 Guild Dr, Venice, FL – Prime Investment Opportunity on Beautiful Venice Island! Seller offering property significantly priced under recent appraisal. Welcome to 617 Guild Dr, a beautifully updated property located on the highly sought-after Venice Island. Zoned for multi-unit use with the potential to add additional units, this home offers an exceptional investment opportunity in one of Florida's most charming coastal communities. Key Features: Zoned Multi-Unit: Ideal for developers or investors, this property allows for expansion with room to add more units. Or would make an excellent investment as a single-unit and you can rent the back unit once finished. Spacious & Open Floor Plan: Offering 1, 335 square feet of living space, the home features an airy and open layout perfect for both comfort and entertaining. Recent Updates: Fresh paint, sleek Quartz countertops, stylish backsplash, and new fixtures throughout give the home a modern, fresh feel. Additional Unit Potential: The property includes a partially finished space that can be converted into a second unit. Plumbing and electrical work have already been completed, making it an easy project for the new owner to finish. Prime Location: Situated just moments from the vibrant downtown Venice area, this home provides convenient access to shops, restaurants, Venice Beach, and all the charm of island living. This property is a rare find in a highly desirable location, offering endless possibilities for investors or those looking to capitalize on Venice Island's growing appeal. Whether you're looking to expand the current home or develop additional rental units, this is the opportunity you've been waiting for!

Features

  • Rooms: 9
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: In Garage
  • Year Built: 1952
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,335
  • Acreage: 0.19
  • Est. Taxes: $4,179
  • Elem. School: Venice Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • MLS#: A4629636
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4629636/617guilddrive_venice_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 1:32:11 PM)
Listing courtesy of Mink Realty   Phone: 502-717-1722

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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617 Guild DRIVE, Venice, FL, 34285

$449,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $359,920 $359,920 $359,920
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 $348 $348 $348
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,425 $2,392 $3,035
Total Monthly Payment $2,848 $2,815 $3,458

* 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.