LOCATION! LOCATION! LOCATION ! WATERFRONT! Minutes to Walk From the NOKOMIS BEACH!PUBLIC WATER! NO HOA! NO CDD! Set back from the road, this residence has a nearly-acre lot located directly on Lyons Bay and is within a minute's walk from the beach. The location and lot are superior. With a little TLC, this home will shine. Public water is connected! The house has an in-law suite! Walk to the beach, Pop's Sunset Grill, Bentley's ice cream, and more!The peaceful waterfront community of Venice and Englewood sits on Florida’s west coast, overlooking the Gulf of Mexico. Originally established to provide lemon groves, the town retains a natural Old Florida feel, with few buildings reaching higher than three or four stories. Fort Myers and Sarasota lie within commuting distance, and Sarasota Bradenton International Airport lies just 30 miles away. Dotted with charming 50s-style beach homes and vibrant apartment rentals, the area is absolutely essentially Florida. Back on the mainland, you'll find plenty of golf courses and several parks where residents and visitors can enjoy outdoor activities such as fishing, cycling, and kayaking. With its stunning, unspoiled beaches and a pleasant year-round climate, you’ll feel as though you’re on a permanent vacation. Do not miss this endless opportunity to own a piece of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $269 | $269 | $269 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,516 | $8,302 | $11,327 |
Total Monthly Payment | $8,910 | $8,696 | $11,721 |
* 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.