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Presented by
Rick Allen |
Vacant residential lot located on Jupiter Rd in desirable South Venice. This 120 x 100 lot (12, 000 sq ft) offers a great opportunity to build your Florida home in a well-established neighborhood with no HOA or deed restrictions. 12, 000 sqft consists of one 8, 000 sqft lot plus an additional 4, 000 sqft from the vacant lot next door, which the owner will subdivide. A total of 12, 000 sqft is offered at this price. Conveniently located close to the South Venice Ferry with private beach access, Shamrock Park & Nature Center and just minutes to Manasota Beach and Venice Beach. Enjoy nearby biking and walking trails, kayaking, tennis and basketball courts, playgrounds and beautiful natural surroundings. Easy access to shopping, dining, downtown Venice, downtown Wellen Park and major roadways. Don’t miss this opportunity to build in one of Venice’s most sought-after areas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$152,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.575.4200
rick.allen@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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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 | $121,600 | $121,600 | $121,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.396% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $690 | $728 | $970 |
| Total Monthly Payment | $765 | $803 | $1,045 |
* 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.