|
Welcome to 861 Nectar Rd, a distinctive Key West–style elevated home that blends architectural character with functional living spaces. Built in 1990, this spacious residence offers 2, 900 square feet of living area, featuring 4 bedrooms and 3. 5 bathrooms with a fenced yard. The home includes a first-floor in-law suite with a private entrance, wet bar, and full bathroom, creating an ideal setup for guest accommodations, multi-generational living, or potential rental income. A spiral staircase connects the second and first levels. The second floor serves as the main living area, featuring beautiful oak flooring, a kitchen with custom wood cabinetry, stainless steel appliances, and quartz countertops, along with a family room, dining area, sitting room, and the primary bedroom. A wraparound porch provides the perfect place to relax and enjoy the Florida lifestyle. The third floor offers additional flexible living space with a loft/media area, two bedrooms, and a full bathroom. Car enthusiasts will appreciate the oversized two-car garage, featuring a hurricane-rated glass smart garage door, custom STEEL Diebold workshop, LED lighting, and a separate A/C system with humidity control. The expanded driveway provides ample space for multiple vehicles, RVs, or boats. Major updates include two newer A/C units (2023 & 2024), water heater (2022), and roof (October 2018). Located in South Venice with no HOA fees or restrictions, the property is approximately one mile from the South Venice Beach Ferry, offering residents access to a private beach and boat launch. Conveniently located near downtown Venice, Englewood Beach, Publix, Sarasota Memorial Hospital, the Atlanta Braves Stadium, and Wellen Park. This unique property offers incredible flexibility—perfect as a primary residence, vacation home, or income-producing Airbnb opportunity.
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:
$599,999
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 | $479,999 | $479,999 | $479,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.508% | 5.794% |
| Monthly Tax Payment | $453 | $453 | $453 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,878 | $2,995 | $3,922 |
| Total Monthly Payment | $3,423 | $3,540 | $4,467 |
* 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.