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Welcome to 12240 Stuart Drive in Venice, in the amenity-rich community of Grand Palm. This community requires a CDD fee that is approximately $985/year. This fee has been paid in full! This single-family White Sand model built in 2016 offers 1, 947 square feet of thoughtfully designed living space with three bedrooms, two baths and a private den. The open-concept kitchen, dining and living areas create a seamless layout suited for everyday living and entertaining. A spacious den with privacy doors provides flexibility for a home office, library or additional gathering space. The spacious primary bedroom features a walk-in closet and an en-suite bath with a walk-in shower. Two additional bedrooms are positioned away from the main living area, offering additional privacy for residents or guests. The two-car garage provides extra space for storage. Sliding doors lead to a screened patio overlooking natural greenery, creating a private outdoor setting. Residents of Grand Palm enjoy a wide range of community amenities. Two amenity centers feature resort-style pools, including one with a water slide, a fitness center with studio and social space for many activities. Outdoor recreation includes pickleball, tennis, basketball, bocce ball and a sand volleyball court, a playground and splash pad with a covered pavilion. The community also offers two dog parks and miles of walking trails. A seven-acre island within the community features additional walking trails, a kayak and canoe launch, stocked fishing and an additional playground. The activities director for Grand Palm coordinates a variety of community events and social activities offering flexibility to do so much or just relax poolside, enjoying a sunny day. Grand Palm is conveniently close to the interstate and local shopping, and just a few miles from quaint downtown Venice treasures like boutique shopping, restaurants, weekly farmers market, arts and craft festivals, theater and performing arts center, and of course the world-renowned Gulf beaches. What a great place to call home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$529,000
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 |
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|---|---|---|---|
| Loan Amount | $423,200 | $423,200 | $423,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.419% | 5.668% |
| Monthly Tax Payment | $427 | $427 | $427 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,470 | $2,606 | $3,430 |
| Total Monthly Payment | $2,989 | $3,125 | $3,949 |
* 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.