Under contract-accepting backup offers. Auction Property. AUCTION – Seller offering property via online auction. Now Selling at or Above the Published Reserve Bid Price of $2. 5M! Previously listed for $5. 7M. Bid online beginning Monday, April 28th. weekend begins Friday, April 25th to view this fully furnished home in the Enchanted Isles community along the shores of Roberts Bay, just minutes from historic downtown Venice. This John Cannon-built home offers 4 ensuite bedrooms, 5. 5 bathrooms, and refined craftsmanship throughout. Features include a grand foyer with travertine floors and iron staircase, chef’s kitchen featuring professional grade appliances such as Sub-Zero refrigerator, Wolf dual-fuel range, dual dishwashers, wet bar, wine room, and expansive living spaces filled with natural light. The primary suite boasts a fitness room, spa-like bath, water views, and private courtyard, while a separate guest suite with private entry and kitchenette provides additional privacy. Upstairs includes two ensuite bedrooms, a powder bath, billiards room, and family room with terrace overlooking the bay and Intracoastal. Outdoor living features a saltwater pool and spa, summer kitchen, fireplace, and a 10, 000 lb. boat lift with dock—just five minutes to the Gulf with no bridges. Close to dining, shopping, golf, top medical care, cultural attractions, and world-class beaches. Contact agent or Interluxe. com for full terms and conditions of the sale and schedule appointment to preview the home.
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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 | $3,836,000 | $3,836,000 | $3,836,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.739% | 6.560% |
Monthly Tax Payment | $2,078 | $2,078 | $2,078 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,308 | $24,562 | $33,153 |
Total Monthly Payment | $25,511 | $26,765 | $35,356 |
* 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.