Don’t miss this 3 bedroom plus den home on nearly 5 acres nestled between Venice and Englewood accessed via a secluded road. It is the perfect blend of privacy and convenience, ideal for operating a home business along with tranquil living. With its spacious layout and hard to find acreage, this property is perfect for those looking to add their personal touches. It is in need of cosmetic improvements and while some newer updates have been made, it is ready for renovation. It has an oversized 2 car garage with a high overhead door providing plenty of room for vehicles and storage. The property is partially fenced with an out-building and is on Englewood water with a septic system. You will enjoy cooking in the enormous kitchen with abundant storage and is adjacent to the family room. The primary suite is very spacious and open with 2 walk-in closets and a private bath. The expansive space of the 60-foot long screened lanai offers a fantastic outdoor area for enjoying the serene surroundings and has 4 sliding glass doors with access to the living area. Other modern conveniences include a newer dual-zone air conditioning system, upgraded electrical panels, newer shingle roof, and large interior laundry room off the kitchen. Also, the county says it is in an X flood zone! A great benefit for the buyer. Don’t miss the chance to own this one-of-a-kind property with endless possibilities. Your private oasis between Venice and Englewood awaits!
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$689,900
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 | $551,920 | $551,920 | $551,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $278 | $278 | $278 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,354 | $3,305 | $4,362 |
Total Monthly Payment | $3,724 | $3,675 | $4,732 |
* 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.