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Mid-Century modern coastal retreat in South Venice, welcome to 4919 Lemon Bay Drive. Conveniently across from the Intracoastal Waterway and short distance to the private South Venice Beach ferry, this four-bedroom, two-bath home offers an ideal coastal lifestyle. The community’s boat ramp and kayak launch are just a short distance away, with optional South Venice Community Association membership providing access to both amenities for approximately $200 annually. A circular crushed-shell driveway with curbing welcomes you home, offering room to park your boat or RV, along with a tropical entryway. Inside, tile flooring flows throughout, complementing the stone fireplace in the living room. The kitchen features stainless steel appliances, a breakfast bar and tile countertops. Newer sliding and French doors fill the home with natural light, while the split-bedroom layout ensures privacy. The primary suite opens to a private seating area, creating a personal retreat. Outdoor living includes several seating areas, an oversized screened lanai finished with pavers, and landscaped grounds. Updates include an updated guest bath, newer septic, and two-zone air-conditioner installed in 2024. Enjoy nearby Shamrock Park with tennis, playground, and nature trails, or bike the Venetian Waterway to Sarasota via the Legacy Trail. With no special deed restrictions, pet-friendly policies and excellent rental potential, this South Venice home combines location, lifestyle and flexibility. Excellent rental opportunity and one of the largest homes in South Venice in this price range. No HOA.
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $287,920 | $287,920 | $287,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | $218 | $218 | $218 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,703 | $1,796 | $2,351 |
| Total Monthly Payment | $1,996 | $2,089 | $2,644 |
* 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.