Under contract-accepting backup offers. Discover this charming two-bedroom, two-bath South Venice pool home located on a quiet street with mature landscaping. This home features a split bedroom plan with sizeable bedrooms and closets, and a galley kitchen equipped with wood cabinets. Notably, no flood insurance is required. Recent upgrades include a new HVAC system installed in 2022, solar panels, a shed for storage, and a parking space for an RV. Just a short bicycle ride to Manasota Beach and a few minutes by car. Venice Ferry is located less than a mile to the north, which gives access to a semi-private beach located across the Intercoastal waterway.
For those considering investment, long-term rentals are in demand, and there are no special deed restrictions for living in South Venice. This particular section of South Venice falls within the Englewood Water District, unlike most of South Venice, which relies on private wells and septic systems. The fees and costs for connecting to public water were paid in 2017, and the home is now connected to city water and sewage, eliminating the need for a well and septic system.
Additional upgrades include impact windows, a recent easement agreement with FPL to remove existing power lines and place them underground. Solar panels have also been added to reduce the electric bill to the FPL minimum. Optional fully furnished.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 | $280,000 | $280,000 | $280,000 |
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 | $306 | $306 | $306 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,401 |
Total Monthly Payment | $2,244 | $2,242 | $2,782 |
* 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.