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Prime South Venice Building Lots with Incredible Savings! Looking for a fantastic spot to build your dream home? These two spacious building lots in South Venice are the perfect canvas for your next project. Featuring an existing well (capped) and septic system, plus a driveway already in place, you can save big on impact fees! With a prior 2-bedroom home having once stood here, the current septic is ready to support a 990 sq. ft. home. Buyer to verify all details, but this property offers a head start on your building journey! The lot extends beyond the back fence, giving you plenty of space to create the home you’ve been envisioning. The location is unbeatable! Just minutes away from the stunning Venice and Caspersen Beach, plus the vibrant Downtown Venice area, you'll have shops, restaurants, and entertainment right at your doorstep. For those looking for even more activities, consider the optional membership to the South Venice Civic Association. Enjoy access to a private island, tennis courts, basketball courts, a scenic 2. 3-mile hiking and biking trail, wildlife viewing, and a butterfly garden. For just $150 a year, you can also launch your boat into the intercoastal waterway—fishing and fun await! This lot is not in a flood zone, offering peace of mind as you plan your new home. Don't miss out on this incredible opportunity to build in a peaceful community with exceptional amenities. Call today for more details and make this special South Venice location your new address!
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Our Executive Mortgage Banker:
Our Insurance Division:
$110,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $88,000 | $88,000 | $88,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $556 | $578 | $737 |
Total Monthly Payment | $631 | $653 | $812 |
* 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.