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LOCATED ONLY 1. 6 Miles from The Gulf of Mexico. This stunning 3 BR 2 BA home is located on a West Rear Facing Pond (allowing for Beautiful Sunset Views) and is in move in ready condition. Having LOW HOA FEES of only $336 /month), LOW TAXES , NO CDD FEES & NO FLOOD zone make it even better along with a NEW ROOF (2023) NEWER AC (2023) and the EXTERIOR of HOME recently PAINTED . PENNINGTON PLACE IS A GATED, FRIENDLY and MAINTENANCE FREE smaller community of only 134 homes and 60 villas. This community is a hidden GEM and a nature lovers dream. This community entails 100 acres total . . with over 40 acres of Ponds and Wetlands Dedicated to Preserving Florida Natural Wildlife. Nearby are Public Boat Ramps , Kayak launches and fishing areas, are only a short 3 -5 minute drive away. This 3 BR 2 BATH HOME is located a short stroll away from the Community Pool, Spa and Clubhouse where you will enjoy the spectacular Florida weather and outdoors all year round. This home is also STORM READY, as the owners have installed all new hurricane impact windows and slider. A Comprehensive Citizens 4 Point Home Inspection has already been performed to ensure total peace of mind. This beautiful 3 bedroom 2 bath home has plantation shutters on all windows, a very open floor plan and high ceilings. The rugs in the two bedrooms were replaced approximately two years ago and the Third bedroom has Engineered Hardwood Flooring. The large kitchen features 42" Wood Cabinetry, Stainless Steel Appliances and Granite Countertops. This fabulous community has several lakes and wetlands where you can enjoy nature at its very best. The community pool has both a HEATER and CHILLER to maintain the perfect temperature all year round. Conveniently located to many nearby shops, restaurants and only minutes to HISTORIC DOWNTOWN VENICE, THE VENICE THEATRE, VENICE ART CENTER and the VENICE PERFORMING ARTS CENTER. You will most certainly enjoy the convenient location to nearby Englewood where you can also enjoy even more great fishing, boating, kayaking and Historic Dearborn Street with its weekly Farmers Market, restaurants, entertainment and entertainment shops. The HOA Fees include: BASIC CABLE TV, GRASS MOWING, RECLAIMED WATER FOR OUTSIDE IRRIGATION, SPRINKLER SYSTEM MAINTENANCE, TRIMMING OF BUSHES, SHRUBS & TREES, MULCHING, GRASS FERTILIZATION & LAWN PEST CARE. THIS IS A VERY PET FRIENDLY NEIGHBORHOOD- UP TO 3 PETS ARE ALLOWED and there is plenty of green space to walk them- YOUR FLORIDA PARADISE AWAITS . . so please CALL TODAY TO SCHEDULE YOUR SHOWING. . . . BEFORE IT'S TOO LATE !!
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Our Executive Mortgage Banker:
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$374,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $299,200 | $299,200 | $299,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.533% | 5.920% |
| Monthly Tax Payment | $350 | $350 | $350 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,794 | $1,867 | $2,465 |
| Total Monthly Payment | $2,219 | $2,292 | $2,890 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.