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Welcome to Venice Isle Estates, a fabulous 55+ with a wonderful location! If you love the beach, nature, shopping, and/or dining, this community is close to it all! Add in the fact that this is one of, if not the most amenity-rich community in Venice, and this home is a true winner. One of the great things about this particular home is its location near the front of the community. It’s on the first street when you pull in off US-41, making getting into and out of the community an absolute breeze (and a time saver versus spending 5-10 minutes making your way to 41 from the rear of the neighborhood). It’s also DIRECTLY ACROSS from Clubhouse #1! No need to drive to enjoy the amenities that this clubhouse provides! As far as living space, this home features over 860 square feet of heated living space, plus you have a spacious screened Florida room to enjoy the cooler weather! The living room is oversized, with both formal and informal areas. The master suite features an ensuite bathroom with walk-in shower, and a nicely sized walk in closet. The second bathroom has a shower/tub combo. There is a washer and dryer located in the outside utility room. Venice Isle is a 55+ community that is extremely amenity rich, with amenities including multiple pools, clubhouses, shuffleboard, tennis, bocce ball, mini golf, and a huge fitness center. All owners must be approved by the park. This home is being sold FULLY FURNISHED and turnkey, and it is CASH ONLY due to insurance requirements making financing difficult if not impossible. Some of the updates: ROOF was replaced in 2023; new carport being installed in 2023; AC was replaced in 2022; subflooring in kitchen and new laminate in the last few years, as well as under-home improvements. There is also going to be a new carport being installed in the next few months, which was already paid for by the seller. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $146,000 | $146,000 | $146,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $126 | $126 | $126 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $947 | $959 | $1,222 |
Total Monthly Payment | $1,148 | $1,160 | $1,423 |
* 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.