Under contract-accepting backup offers. One or more photo(s) has been virtually staged. This is the one you've been waiting for! Nestled on approximately 3 acres, this cherished family estate, spanning generations, awaits its next chapter. Situated opposite the esteemed Pine View School for the Gifted, ranked #1 High School in Florida and #18 High School nationally, this unique parcel blends country charm with coastal allure. Winding down the long gravel driveway and secluded from Old Venice Road, the main residence exudes a country feel, boasting a wrap-around front porch, rear screened and covered porch, open deck, 3 bedrooms, 2. 5 baths, and a 2-car garage. Additionally, the original 1954-built 2 bed, 2 bath home with a pool stands on the grounds, offering the buyer with vision, the versatile potential of having a rental cottage, in-law quarters, or integral part of a family retreat. Opportunities like this are rare gems. Package priced below market value and beckoning a new family to shape its legacy. With no deed restrictions, the property invites almost endless possibilities—whether cultivating gardens, fruit orchards, or simply embracing spacious living. Conveniently located in the heart of Osprey, just minutes from pristine beaches, shopping, dining, and the state-of-the-art Sarasota Memorial Hospital Venice campus, this property epitomizes the best of both worlds. Don’t miss your chance to explore this exclusive offering—schedule your private showing 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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $770,000 | $770,000 | $770,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,741 | $4,741 | $6,498 |
Total Monthly Payment | $5,120 | $5,120 | $6,877 |
* 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.