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This is the home of perhaps Venices' best direct gulf panorama from north, past the jetty, to south far beyond where the daily yoga classes are enjoyed. To the west, it's all water, sky, seabirds, frolicking dolphins and pleasure boats. This welcoming 5th floor condo is surprisingly spacious. You'll enter into the welcoming den/bonus room that flows to the small but efficient kitchen, the large great room-dining room combination, and split bedrooms and baths. Don't try to resist the alluring screened balcony. Whatever time of day or night, owners and their guests will want to dine, lounge and relax in this comfy space. This interior is freshly painted, has luxury vinyl flooring throughout, appliances 8 years old, the HVAC 5 years old, water heater just 4 years old, and the beach-facing sliding doors were all replaced with high impact and sea turtle compliant materials in 2018. This unit is strategically priced to allow for the new owner to open up the kitchen should they choose to, making it an excellent value. Owner is long time Venice Realtor who has enjoyed occupying it full time for 12 years. Located just a short, shady stroll to downtown Venice!
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Our Executive Mortgage Banker:
Our Insurance Division:
$755,000
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 | $604,000 | $604,000 | $604,000 |
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 | $478 | $478 | $478 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,918 | $3,968 | $5,056 |
Total Monthly Payment | $4,488 | $4,538 | $5,626 |
* 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.