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Presented by
The Lucci Witte Team |
Under contract-accepting backup offers. 5 RESIDENTIAL LOTS GREAT OPPORTUNITY FOR BUILDER, SNOWBIRD, INVESTOR. . . Introducing a prime residential building opportunity on Chestnut Road in the heart of South Venice — an area defined by quiet neighborhood roads and a network of nearby residential parcels such as Dragon Road, Mohawk Road, Rainbow Road, and Crystal Road. These surrounding lots demonstrate a consistent appeal for buyers seeking well-located vacant land with convenient connections throughout the community. Local roads like Logan Rd, Siesta Dr, Sterling Rd, Jamaica Rd, Shamrock Dr, and S Venice Blvd create quick and simple access to the nearby parcels, underscoring the neighborhood’s ease of navigation and strong connectivity.
This Chestnut Road property offers the same sense of peaceful residential living while placing future homeowners close to key routes to beaches, parks, shopping, and everyday amenities. Situated among similar South Venice homesites, the lot provides an inviting opportunity to design a custom Florida residence in a well-established community known for its privacy, natural surroundings, and convenience.
Whether you are planning your dream home or investing in a promising piece of land, this buildable parcel on Chestnut Road delivers the value, location advantages, and neighborhood appeal that South Venice buyers continue to seek. SEE ALL PROFESSIONAL SURVEYS ATTACHED TO MLS. CALL FOR MORE DETAILS FOR THIS GREAT LAND OPPORTUNITY IN VENICE, FLORIDA.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,900
Sales Associates
William Raveis Real Estate
Phone: 978.273.0099
TheLucciWitteTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $159,920 | $159,920 | $159,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $946 | $985 | $1,296 |
| Total Monthly Payment | $1,021 | $1,060 | $1,371 |
* 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.