NO HURRICANE DAMAGE OR FLOODING! Welcome to this quaint and charming cottage home located at 300 Coral Road! Nestled in the desirable South Venice area, this home offers a split bedroom floor plan that ensures privacy for all. OFFERED "TURN-KEY" FURNISHED- just bring your toothbrush! EXCELLENT VACATION RENTAL. Experience peace of mind with updated HURRICANE-IMPACT WINDOWS (2023), lowering insurance premiums by over $1, 000 annually. The primary suite features a spacious walk-in closet and an updated ensuite bathroom with a tub/shower combo. Across the hall, you'll find a generously sized second bedroom and an updated full bathroom. Upon entry, you'll be greeted by a sizable living room and galley kitchen with bright cabinets and tile floors throughout. Key updates in the past few years and making the home move-in ready: Newer water softener system (2020), water pump (2020), electrical panel (2020), and roof replacement (2017). New screens and vinyl windows around lanai, new TPO roof put on flat roof (2023), new water heater (2024), new window sills, rewired alarm for septic tank. Fresh paint inside and out (2023), freshly painted driveway (2025) and a cleared backyard enhance the home's appeal. Located in FLOOD ZONE X, no flood insurance is required. This house will be a great winter retreat or full-time residence. The location is convenient to local beaches, restaurants, shopping, golf courses as well as the South Venice Ferry! Easy access to Legacy Trail bike paths! Wellen Park is just down the road as is Englewood. Come see this hidden gem today, it won't last long!
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Our Executive Mortgage Banker:
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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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $229 | $229 | $229 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,862 | $1,860 | $2,400 |
Total Monthly Payment | $2,166 | $2,164 | $2,704 |
* 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.