Opportunity to acquire this rare and outstanding office owner/occupier investment opportunity, with cash flow during the holding period and/or various stages of redevelopment. Ideal for multiple medical uses, such as clinics, surgery centers, urgent care offices, retail, and multifamily residential (18 units per acre). The portfolio includes the following properties:
718 E. Venice Avenue, Venice, FL.
722 E. Venice Avenue, Venice, FL.
728E. Venice Avenue, Venice, FL.
The location is prime for the Venice Christmas Boat Parade, the Venice Holiday Parade, shopping and dining, craft festivals, the Venice Theater, the Venice Performing Arts Center, the library, the art center, and let us not forget our world-famous beaches, minutes away with spectacular sunsets that never disappear. Venice, Florida, might be the perfect destination if you’re looking for a warm and sunny escape from the harsh winter months. However, for those who have never been to Florida or the Gulf Coast, the location of Venice may be a bit of a mystery. In this blog, we’ll cover where Venice, Florida, is, what makes it unique, and why it’s a top destination for winter vacationers.
Firstly, let’s talk about where exactly Venice, Florida, is. Venice is a city on Florida’s southwest coast in Sarasota County. It’s situated on the Gulf of Mexico and is located south of the Tampa Bay Area and north of Fort Myers. Venice is a part of the Sarasota-Bradenton-Venice Metropolitan Statistical Area, a popular area for tourists and snowbirds.
What makes Venice unique is its beautiful light-sand beaches and canals. Venice is known as “The Shark Tooth Capital of the World” due to its abundance of shark teeth that wash up on the beaches. Venice is also home to the Venetian Waterway Park, a scenic trail that follows the Intracoastal Waterway. The city’s historic downtown offers an array of unique shops, restaurants, and attractions.
Venice is a popular destination for winter vacationers because of its mild climate and endless opportunities for outdoor activities. Winter temperatures in Venice typically range from the low 60s to the mid-70s, making it an ideal location to escape the cold. Visitors can enjoy swimming, boating, fishing, golfing, and hiking.
Venice, Florida, is a hidden gem on Florida’s Gulf Coast, offering endless possibilities for winter vacationers. Whether searching for a peaceful beach vacation or an active outdoor adventure, Venice has something to offer everyone. With its mild climate, unique attractions, and a plethora of rental options, Venice is a top choice for snowbirds looking to escape the winter cold and find themselves in Florida paradise!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,400,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,920,000 | $1,920,000 | $1,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $557 | $557 | $557 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,098 | $12,613 | $17,124 |
Total Monthly Payment | $13,780 | $13,295 | $17,806 |
* 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.