902 Gibbs ROAD, #182, Venice, FL, 34285 | $175,000

This 1 bedroom, 1 bath condo is a blank canvas waiting for your creative touch. Stripped down to the studs due to previous water intrusion, this unit offers a unique chance to design and customize every detail to your liking. Imagine the potential for a modern, stylish living space with fantastic rental income potential.

Both the living room and bedroom feature sliders that open to stunning canal views, providing a serene and picturesque backdrop. With the right vision, this condo can be transformed into a highly desirable property. Don't miss out on this incredible investment opportunity!

**Incredible Location** with **Deeded Beach Access** at the tip of the North Venice Beach Jetty! Enjoy breathtaking sunsets, surfing, prime fishing spots, and abundant wildlife encounters. The large, heated **Community Pool** overlooks the beach! Assigned and guest parking options are available. The laundry room is conveniently located on the first floor, and a storage closet is provided. No pets are allowed. Rentals are permitted 12 times a year with a 30 day minimum. The quarterly HOA fee is currently $4, 000. Just a short walk to the Crow's Nest restaurant and less than a 7-minute drive to the vibrant Historic Downtown Venice, offering endless entertainment, shopping, and dining.

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Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Laundry, Maintenance, Pool, Storage
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area, Laundry Room, Same Floor As Condo Unit
  • Complex: BAHIA VISTA GULF
  • Year Built: 1970
  • Approx Sq. Feet: 446
  • Est. Taxes: $2,836
  • Condo Fee: $4,000 Quarterly
  • View: Water
  • Elem. School: Venice Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Pet Policy: No
  • Appliances: Microwave
  • MLS#: N6135548
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /prop/N6135548/902gibbsroad_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 12/26/2024 8:47:08 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-493-1000

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

902 Gibbs ROAD, #182, Venice, FL, 34285

$175,000

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 $140,000 $140,000 $140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $236 $236 $236
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $967 $943 $1,191
Total Monthly Payment $1,278 $1,254 $1,502

* 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.