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Presented by![]() Shideh Khajavikhan |
One or more photo(s) has been virtually staged. Lowest price in waterfront on Venice Island, a one fine address. Wonderful water views greet you from your fourth-floor Montego unit balcony overlooking the Intracoastal Waterway, with city views and the Gulf of Mexico visible from the front entry. This two-bedroom, two-bath, and den/office provide 1, 705 square feet of living space. Beautiful hardwood cabinetry throughout, granite counters, ceramic tile, carpet and laminate flooring create an elegant ambiance. A well-designed kitchen with a pantry, new refrigerator and range offers a full view of the great room and Intracoastal Waterway. Sparkling clean and ready to move in. The primary bedroom overlooks the Intracoastal Waterway with access to the balcony and grand views of the boat traffic and activity at the public boat launching park. The bath features a large soaking tub, a walk-in tile shower with a bench, and a dual vanity with plenty of cabinetry and a linen closet. Walk-in closet and a second adjoining closet. Plantation shutters throughout and a motorized shade for the great room slider. A guest bedroom with a Murphy bed and storage closets, plus a walk-in closet, is ideal for guests, with the guest bath at opposite end of the unit. An in-unit laundry room with a washer, dryer and additional cabinets for storage. The office or den is at the front of the unit with city views and sliding doors for privacy. The Waterfront units boast high ceilings and plenty of light for an interior unit, along with storm-resistant windows. The community offers a newer boat dock with water and lighting, and a kayak launching area. Short-term boat docking is available for owners. A community pool with a gazebo and baths makes for a great opportunity to meet your neighbors. The unit includes an assigned under-building parking space with convenient access to the elevator. One of the most exciting aspects is the Venetian Waterway Trail adjacent to all three buildings, providing easy access to the trail progressing five miles south and another five miles on the opposite side of the Intracoastal, connecting with 30-plus miles of the Legacy Trail to Sarasota. Historic downtown Venice is just outside the gated community, with many fine restaurants, shops, cultural street events, and walkways lined with flowers and trees, all close to the gulf. This property offers it all for Venice living. Vacant and easy to show. Motivated seller. Call for an appointment.
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$649,000
Sales Associate
William Raveis Real Estate
Phone: 860.688.1868
Shideh.Khajavikhan@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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $605 | $605 | $605 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,411 | $3,411 | $4,346 |
Total Monthly Payment | $4,108 | $4,108 | $5,043 |
* 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.