RARELY AVAILABLE PENTHOUSE CORNER UNIT IN PREMIER GATED WATERFRONT STEPS AWAY FROM DOWNTOWN VENICE ISLAND.
Quality 2007 construction, open floor plan, IMPACT windows, sliding doors, high ceilings, and TURN-KEY furnished make this residence special. This stunning ninth-floor penthouse offers abundant natural light, breathtaking views of the Intracoastal Waterway. The wrap-around balcony is perfect to enjoy the annual December boat parade. The kitchen features a large granite-top island, upgraded appliances, beautiful basket-weave backsplash, and upgraded solid wood cabinetry. Perfect for entertaining, this home features a living room/dining room great room with a convenient wet bar. A den with built-in cabinets and a comfy window seat, offers a flexible space that can easily transform into an extra bedroom for guests. In addition, this penthouse comes with an upgraded washer and dryer in the dedicated laundry room with ample cabinetry for all your storage needs. For peace of mind the A/C was replaced in 2022 and the water heater in 2020. The deeded parking is located under the building with easy access to the elevator. This community is PET FRIENDLY. For the outdoor enthusiast, the community offers a heated pool, a day dock with electricity and water, perfect for kayaking, paddle boarding and short-term dockage. When you are ready for outdoor activities, the Venetian Waterway Park is just outside your door. Take a leisurely waterside stroll or hop on your bike and ride all the way to Caspersen Beach (famous for sharks' tooth hunting) or follow the other direction where it connects with the famous LEGACY BIKE TRAIL. You’ll find yourself just steps away from downtown Venice's fabulous restaurants, unique shops, lively entertainment - including the renowned Venice Theater - and of course, the beautiful beaches.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$889,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $711,200 | $711,200 | $711,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $1,053 | $1,053 | $1,053 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,613 | $4,554 | $6,244 |
Total Monthly Payment | $5,758 | $5,699 | $7,389 |
* 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.