Price improvement!!!! This Home is a GEM ! Located in the highly desirable South Venice Beach Community, This is a Great Buy, Investment, Rental property, Retirement home, Charming, & well-maintained home features 3 bedrooms, each with its own closet, & 2 bathrooms. Step inside the front door to an spacious open floor plan. Walk through the sliding glass doors to a big back yard. You can rest assured that this well maintained home is prepared for coastal weather. The home also features a reverse osmosis water system. NO HOA! NO CDD! NO WATER BILL! NO SEWER BILL!!! This home will not require flood insurance. This home also features a whole home reverse osmosis system, complete with two separate exterior hose bibs: one for straight well water & one for Reverse Osmosis water, as well as a whole home GENERATOR with a 500 gallon buried propane tank! The garage door was replaced in 2013, and a pull down screen was installed. The A/C was also replaced in 2020, and the previous owner had extra insulation blown into the attic for better efficiency. Located close to everything in Venice. Enjoy close proximity to schools, shopping, churches, medical facilities & the beach! Shamrock Park, with great amenities, playground & butterfly garden, with the Venice's bicycle trail along the waterway & nature trails that connect to the 10 miles of Legacy Trail. South Venice community has its own private beach accessed by ferry & boat launch. Nearby Venice Gardens has an Olympic size swimming pool & membership is open to South Venice residents. You can also join the South Venice Civic Association & take the ferry over to private South Venice Beach -Just a short ride to Casey Key beach and some other Florida Beaches, the possibilities are endless; Florida living starts now! The Back yard has fence. Come see it today!
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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 | $311,920 | $311,920 | $311,920 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $199 | $199 | $199 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,075 | $2,073 | $2,674 |
Total Monthly Payment | $2,349 | $2,347 | $2,948 |
* 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.