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Attention investors and savvy buyers seeking BELOW MARKET VALUE OPPORTUNITIES—this is one you don’t want to miss. This remediated 2-bedroom, 2-bath home sits on a premium corner lot in a prime Venice location, just minutes from Southwest Florida’s beautiful beaches, Downtown Venice, and miles of scenic biking and nature trails.
PRICED TO BE ONE OF THE LOWEST PROPERTIES IN VENICE BASED ON SQUARE FOOTAGE, this home presents exceptional value for buyers looking to secure a property WELL UNDER MARKET VALUE in a highly desirable area.
With a solid layout and strong upside potential, this property is ideal for those looking to RENOVATE, CUSTOMIZE, FLIP, OR HOLD AS A LONG-TERM RENTAL. Opportunities to purchase in Venice at this price point are rare, especially with the combination of location, lot size, and renovation potential.
We also have COMPETITIVE QUOTES AVAILABLE TO HELP BRING THE HOME BACK TO EXCELLENT CONDITION, making it easier for buyers to plan their improvements and maximize value.
Whether you’re an investor searching for your next profitable project or a buyer looking to create a personalized coastal retreat at A PRICE RARELY SEEN IN VENICE, this property delivers location, potential, and value.
OPPORTUNITIES LIKE THIS—PRICED BELOW MARKET VALUE—DON’T LAST LONG. SCHEDULE YOUR SHOWING TODAY.
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Our Executive Mortgage Banker:
Our Insurance Division:
$254,999
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $203,999 | $203,999 | $203,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | $114 | $114 | $114 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,174 | $1,240 | $1,653 |
| Total Monthly Payment | $1,363 | $1,429 | $1,842 |
* 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.