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Welcome to an exceptional Venice Island beach house, perfectly positioned just a short stroll to both downtown Venice and the pristine Gulf beaches. Meticulously maintained, this versatile duplex-style residence lives beautifully as a single-family home while also providing excellent income-producing potential. Featuring four bedrooms and four full baths, the home was thoughtfully remodeled in 2017 and enhanced with recent upgrades including a new HVAC system, two new hot water heaters, new kitchen appliances in the in-law/guest suite, a full irrigation system, updated landscaping, and additional interior lighting. The heated saltwater pool and spa serve as the centerpiece of the outdoor living space, perfect for year-round enjoyment. Located directly across from John Nolen Park, the home offers a peaceful neighborhood setting ideal for daily walks and outdoor recreation. Designed for hosting family and guests with ease, the property includes a second full kitchen and a private guest suite complete with a second primary bedroom, an additional bedroom, two full baths, and two separate paver driveways with private entrances. This remarkable Venice Island home delivers the best of coastal living—style, flexibility, and an unbeatable location all in one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | $1,212 | $1,212 | $1,212 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,905 | $6,152 | $8,636 |
| Total Monthly Payment | $7,242 | $7,489 | $9,973 |
* 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.