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Rarely available vacant lot ready to build in Golden Beach section on historic Venice Island. Only three houses away from beach access and the fabulous Venice Beach and azure, blue Gulf waters. Ideal for the discriminating buyer to build a new luxury home with finest amenities and Florida lifestyle. The community has an optional low-fee homeowner association for social activities and beach access. However, the beautiful downtown Venice Avenue boasts of excellent boutique shops and many fine dining restaurants and cultural art and music events, and local community theater. The Venice Mainstreet organization sponsors unique events throughout the year. The City of Venice was designed by the internationally known urban planner John Noland with many parks, recreational paths and beaches. Biking and golf carts are extremely popular to explore the beauty of Venice. The community also has the Venetian Waterway Trail along the Intracoastal Waterway and connects with the Legacy Trail to Sarasota for approximately 30 miles to enjoy or bike. The city-owned lighted tennis/basketball courts are just a short distance away as part of a healthy lifestyle without fees and free parking. Venice is certainly part of the cultural hub of Southwest Florida. A new lot survey is available for your contractor to design your beautiful new home in Golden Beach. Let's start the process!
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,919 | $4,073 | $5,190 |
Total Monthly Payment | $4,011 | $4,165 | $5,282 |
* 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.