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Located on the ISLAND of VENICE with GULF Shores' TWO DEEDED BEACH ACCESS points just steps away, this property offers a unique opportunity for beach lovers. This two-story beach home features 5 bedrooms, 3 baths, and a 9 ft deep pool. The home provides a living room with a fireplace and built-in shelving, as well as a family room. The large screened porch is perfect for enjoying the coastal outdoor lifestyle and relaxing by the large deep in-ground pool. Additionally, the outdoor shed offers power, washer and dryer hookups, a/c unit, and utility sink adds convenience and functionality to the property. The shed could be used as an office, craft room, or additional storage space. Positioned on a spacious lot in the Gulf Shores neighborhood, this home presents endless possibilities for its new owners. The two deeded private beach access points are located at the end of Beach Rd and Sunset Rd, providing easy access to the sandy shores and gorgeous sunsets. Notably, the property is located in the preferred flood zone "X, " eliminating the requirement for buyers to secure flood insurance when seeking financing. Street legal golf carts are permitted, adding to the convenience of island living. This beach lover's paradise is ideally located just nine houses from the deeded beach entrance, a short distance to Sharky's pier, and approximately one mile from the dog beach and public golf course. The island of Venice offers a variety of amenities, including boutique shopping, dining, public tennis courts, parks, a new public library, boat ramps, the Legacy Trail, Venice Community Theatre, art centers, and a municipal airport. Residents can enjoy breathtaking sunsets, morning beachside coffee, and all the island has to offer. Don't miss out on the opportunity to own this beach getaway and start enjoying the laid-back island lifestyle in Venice, Florida. Copy and paste the following link to your browser to view the luxury video: https: //iframe. videodelivery. net/5fb72bc59afa0201342085d62a7cc334
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William Raveis Real Estate
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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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $192 | $192 | $192 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,056 | $4,929 | $6,673 |
Total Monthly Payment | $5,340 | $5,213 | $6,957 |
* 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.