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1488 JUPITER ROAD, Venice, FL, 34293 | $379,900
DOUBLE LOT + $80K–$95K VALUE + 2. 75 RATE ASSUMABLE LOAN – NEAR PRIVATE BEACH “ACT NOW”
Own near the Gulf for less than today’s rates with a rare 2. 75 Rate assumable mortgage (~$169K balance, approx. $772/month)—offering “SIGNIFICANT” long-term interest savings compared to current financing options.
This fully updated coastal home sits on a 16, 000 sq ft double lot just ~1, 000 ft from deeded private beach ferry access, delivering a unique combination of lifestyle, space, and future potential.
Key opportunity: oversized double lot with potential to split and sell or build on the second parcel (estimated $80K–$95K value; buyer to verify), creating added flexibility, resale potential, and underlying land value.
The home features approximately 1, 496 sq ft of fully air-conditioned living space with a flexible 2–3 bedroom layout, 2 full baths, and a 4-season porch. The interior has been remodeled for comfortable, move-in ready coastal living. Wonderful neighbors, pet friendly fenced yard, fruit tree, shed. Easy to get to every thing
Property highlights:
• 16, 000 sq ft oversized double lot
• Potential second buildable parcel (buyer to verify)
• Space for RV and boat parking
• Fully renovated interior
• Public utilities (no septic or well) No HOA | No CDD
• Approx. 1, 000 ft to deeded private beach access
Investment potential:
• Seasonal rental: ~$3, 600/month
• Annual rental: ~$2, 800/month
• Short-term rental potential (buyer to verify local guidelines)
Properties offering assumable low-rate financing, land value potential, and proximity to the beach are limited.
Seller “may” consider a buyer incentive for qualified buyer.
Features
- Rooms: 11
- Bedrooms: 2
- Baths: 2 full
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Style: Florida, Traditional
- Year Built: 1991
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 997
- Acreage: 0.37
- Est. Taxes: $2,540
- Lot Desc: Cleared, Flood Insurance Required, FloodZone, City Lot, Near Public Transit
- View: City, Trees/Woods
- Elem. School: Venice Elementary
- Middle School: Venice Area Middle
- High School: Venice Senior High
- Pet Policy: Yes
- Appliances: Bar Fridge, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
- MLS#: A4659393
- Days on Market: 188 days
- Website: https://www.raveis.com
/prop/A4659393/1488jupiterroad_venice_fl?source=qrflyer
Listing courtesy of PREFERRED SHORE Phone: 941-999-1179
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1488 JUPITER ROAD, Venice, FL, 34293
$379,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $303,920 | $303,920 | $303,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $212 | $212 | $212 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,871 | $1,919 | $2,524 |
| Total Monthly Payment | $2,158 | $2,206 | $2,811 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388