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Presenting a rare opportunity to acquire a single-family pool home on Venice Island, this property is poised for a swift sale due to its exceptional value and prime location. Priced competitively to accommodate buyer enhancements, this residence offers tremendous potential for personalization. Situated less than one mile from the nearest beach access, 1. 2 miles from Sharky’s and the Venice Fishing Pier, and a mere 1. 3 miles from the vibrant dining scene of downtown Venice, the location is unparalleled. Occupying a generous ¼-acre lot in a tranquil, secluded enclave of Venice Island, this home is free from deed restrictions, welcoming RV or boat owners. Recent upgrades include a new pool cage, resurfaced pool, and a beautiful paver patio installed in 2023, complemented by hurricane-impact windows throughout and shutters for the garage. Additional improvements feature a 2015 roof, freshly painted exterior, and a brand-new 2024 AC system with UV light air quality treatment. The expansive backyard offers a versatile space for customization.
Positioned just blocks from 2 beaches and downtown Venice, this property combines convenience, resilience, and opportunity. Act quickly—homes of this caliber in such a coveted area are not expected to remain available for long.
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Our Executive Mortgage Banker:
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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 | $519,920 | $519,920 | $519,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $413 | $413 | $413 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,372 | $3,503 | $4,458 |
Total Monthly Payment | $3,877 | $4,008 | $4,963 |
* 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.