This custom-built island home represents Florida living at its finest. Nestled half-way between the Gulf of Mexico and the Intercoastal Waterway, it offers opportunities for a wide range of activities from beaches, boating, dining and entertainment. Constructed in 2019, and compliant with all current construction codes and standards, it has withstood recent weather events without any damage whatsoever. NO flood insurance is required, and home-owners insurance is surprisingly low for Florida standards. Offering a spacious open floor plan for casual living, entertaining, and comfort allowing the occupant to enjoy the Florida island lifestyle you desire. Ten-foot tray ceilings, crown molding, and porcelain tile are featured throughout. The kitchen is a dream! Featuring solid wood cabinets offering pull-out shelving and soft closing doors, the upper cabinets also have under cabinet lighting with light rails providing soft indirect lighting. A spacious quartz island can accommodate four for casual dining or snacks and houses a microwave drawer as well as two sided cabinets for maximum storage. Designed to blur indoor and outdoor living, the fully pocketing sliders adjacent to the kitchen, open the area to a large lanai and inground saltwater pool creating an amazing space for entertaining and relaxation. No detail was overlooked as motorized retractable screens are added for comfort. The home has three separate zones for HVAC control and a whole house surge protector. Ceiling fans are located throughout the home including the lanai to enjoy your tropical paradise. The dining area is situated in front of a three-sided aquarium window overlooking the pool, lanai, and garden. The two bedrooms in the main home are on separate wings and each have an ensuite bath for convenience along with solid core doors for quiet and privacy. The primary bedroom features two separate walk-in closets to accommodate any size wardrobe. The designated office area has built-in file cabinets and a quartz countertop with easy access electrical outlets and cable connections handy for all technology. One of the more unique features of this home is the self-contained third bedroom/casita, ideal for guests or extended family members with full bath, walk-in shower, Murphy bed, and large walk-in closet and features sliding doors overlooking the pool area. This area could also be used as a man-cave or she-shed for the crafty lady of the house. The 10, 000-gallon, free form, heated, saltwater pool has a sun shelf and umbrella port situated in a fully walled courtyard, insulating you from the outside world. Built in 2019, this home features hurricane rated windows, blown in attic insulation, and a barrel tile roof. The oversized two car garage contains a utility sink. A large laundry room is complete with cabinets, quartz countertop, and sink. There is also a working well on the property for irrigation if desired. The home is an easy short walk or bike ride to multiple beaches, which all provide free parking if you choose to drive or use your golf cart. The community offers many restaurants, entertainment venues such as the Venice Performing Arts Center and The Venice Theater, fishing options, golf, a dog park, and shopping, making this an excellent opportunity to make your dreams of living in paradise come true. **Click on the virtual tour button or copy this link: https: //my. matterport. com/show/?m=fLcYy9Dziuf for a fully interactive experience**.
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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 | $1,248,000 | $1,248,000 | $1,248,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $760 | $760 | $760 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,991 | $7,991 | $10,957 |
Total Monthly Payment | $8,876 | $8,876 | $11,842 |
* 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.