Welcome to Aldea Mar, a "village by the sea. " This complex and condominium are very unique. Aldea Mar is located at the south end of Venice Beach, a tranquil spot in beautiful Venice. A private entrance with a cute courtyard will always feel like home. Step inside and you are greeted with a very special property. This residence has wonderful natural light coming in the expansive windows and a great room to entertain or just relax in. The space has been designed with great flow from room to room. There is a European-style kitchen with plenty of space to try out your culinary skills and entertain a crowd, and the kitchen flows into the dining room with loads of light. A door in the dining room leads out to the courtyard and the pool area. Just a few more steps and you are on Venice Beach; stay awhile, catch an exquisite sunset, or maybe you are lucky enough to watch the playful dolphin put on a water aerobics show as only they can do. This condo has a very different floor plan with a second floor that is the perfect place to end the day, with an office with views of the beach, the Gulf of Mexico, and the courtyard while you work. Did I tell you there are three bedrooms upstairs as well as two baths? Bring your family and friends – room for all. Aldea Mar is just a short walk or bike ride to a wonderful downtown. This time of year is the perfect time to explore Venice. Restaurants are bustling, shopping, art festivals, and the Venice Theatre is still in full swing. The sidewalks are still full and fun, a great way to meet new people or just relax. There is always an empty bench to sit for a while, maybe just take in the unique "city on the Gulf. "
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Our Executive Mortgage Banker:
Our Insurance Division:
$795,000
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 | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $674 | $674 | $674 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,968 | $3,864 | $5,026 |
Total Monthly Payment | $4,734 | $4,630 | $5,792 |
* 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.