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Under contract-accepting backup offers. PRICE ADJUSTMENT! Do not miss this opportunity. Come and see one of Venice Island’s most charming homes on one of the most desirable downtown streets on the island. With an effective built date of 1995, this Mediterranean residence has been tastefully updated while preserving its character and charm. Just a few blocks from downtown Venice and beautiful Venice beaches, take a walk to the nearby Farmer's market on Saturdays, play tennis, basketball, and pickle ball in neighboring courts and enjoy fine dining and wonderful theater productions after a relaxing beach day (do not miss the breathtaking sunsets!). 321 Pedro certainly offers the very Best of both Coastal and Venice Downtown Living. The main house features a thoughtful split floor plan with three bedrooms and two full baths. Solar panels and Impact resistant windows throughout, ensure low utility costs and safety. Architectural details abound: arched doorways, refinished hardwood floors, built-in display shelves and original fireplaces add warmth and sophistication. The living area flows into the sunlit primary suite through French doors and provides a peaceful retreat with its sitting area, cozy fireplace, and a renovated in-suite bath. The spacious, updated kitchen offers granite countertops, stainless steel appliances and abundant cabinetry. A lovely state-of-the-art full bath stands between the second and third bedroom (presently used as an office). French doors open to the private fenced backyard with lush tropical landscaping and a heated swimming pool that invites relaxation year-round. This tranquil space is ideal for reading, entertaining or simply soaking up the Florida sunshine. Enhancing the property, is a two story stand-alone Guest House featuring a small kitchen, a full bath and laundry room on the first floor and a very beautiful and very large second-floor suite offering rows of windows, hardwood floors and wrought iron details (do not miss the ceiling touches). Use it as an art studio, gym, yoga room, game space or in-law or kid-suite. Flooded with natural light, this guest house provides comfort and privacy for the enjoyment of friends and family. 321 Pedro is truly an exceptional property, one that captures the essence of Venice Island living, classic charm, modern upgrades and a perfect location near beaches, dining and shopping. Schedule your private showing today and experience life in this timeless Mediterranean gem in the heart of Venice Island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.223% | 6.078% |
| Monthly Tax Payment | $510 | $510 | $510 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,066 | $5,347 | $7,367 |
| Total Monthly Payment | $5,701 | $5,982 | $8,002 |
* 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.