11618 Gleaming TERRACE, Venice, FL, 34293 | $1,046,051

Under Construction. Pool Included! This Islamorada I Quick Move In home is currently under construction and will be ready December 2024! This home features Sonoma Painted Linen cabinets, Calacatta Bali MSI counter-tops, Pride Plus Accent Riverside LVP flooring, and more. The Islamorada I offers well-appointed living and leisure spaces for versatility and livability. The extended foyer leads to the spacious, soaring 12-foot ceilings grand room, island kitchen and café area that flow effortlessly through 16' sliding glass doors to the outdoor lanai. Secondary bedrooms, formal den space, and oversized laundry offer comfortable privacy and functionality. The owner’s retreat features an expansive walk-in closet, double vanities and large walk-in shower. Wellen Park is a vibrant and thriving community located in Venice, FL, offering a modern and connected lifestyle. Situated amidst picturesque landscapes and natural beauty, this master-planned community provides an exceptional living experience for residents of all ages. With an emphasis on outdoor living, Wellen Park provides an extensive network of trails, parks, and green spaces, encouraging an active and healthy lifestyle. Residents can enjoy activities such as walking, jogging, cycling, and picnicking in the beautiful surroundings. This community also features a community pool! Images shown are for illustrative purposes only and may differ from actual home. Completion date subject to change.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 2023
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,535
  • Acreage: 0.24
  • Est. Taxes: $15,343
  • HOA Fee: $310 Monthly
  • Elem. School: Taylor Ranch Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Pool: Pool Alarm
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • MLS#: T3537818
  • Days on Market: 145 days
  • Website: https://www.raveis.com
    /eprop/T3537818/11618gleamingterrace_venice_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 7:47:11 PM)
Listing courtesy of HOMES BY WESTBAY REALTY   Phone: 813-438-3838

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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11618 Gleaming TERRACE, Venice, FL, 34293

$1,046,051

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $836,841 $836,841 $836,841
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $1,279 $1,279 $1,279
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,358 $5,428 $7,347
Total Monthly Payment $6,762 $6,832 $8,751

* 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.