This is a rare opportunity to purchase a prime piece of vacant land located just off the Island of Venice. The property was once home to a structure that was unfortunately destroyed in Hurricane Helene and again flooded during Hurricane Milton. The land is being sold for its value only, with the existing structure needing to be removed by the new owner. Boasting an unbeatable location, this property is just moments away from the beautiful Venice Beach, as well as shopping, dining, and entertainment options. Whether you’re looking to build your dream home or invest in a thriving area, this lot offers the perfect foundation.
124 BAYOU DRIVE, Venice, FL, 34285
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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