Highly sought out and visible location in the heart of Venice. Minutes from the Gulf beaches, shopping centers of Venice and the newly developed Wellen park. This location gets an estimated 40, 000 cars in season that drive by and is perfect for retail use. This property offers 3 different rooms that would be ideal for a front register/ product floor, into a back office space and a room for extra storage in the rear as well a s one bathroom. This unit would be absolutely perfect for a professional office, a box shipping store or a retail space! Recently updated with new flooring, paint, AC and window glass in the front. This a prime location property that will go fast so do NOT wait to get your business started in the sunny charming town of Venice!
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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 | $20,923 | $20,923 | $20,923 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $457 | $457 | $457 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $141 | $143 | $181 |
Total Monthly Payment | $673 | $675 | $713 |
* 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.