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Auction Property. Auction Property. Online Auction May 1 ~ May 7 Register at our website, Auction to be held for a living estate. There are no liens or encumbrances and will have title insurance with a standard closing with 45 days to close. This Unique Home on Venice Island will be sold at Auction Online, ANY price in this listing or advertisement is for reference only THE SELLING PRICE WILL BE DETERMINED AT AUCTION. All offers will be made in the online Auction. As always, Realtors are protected.
This property has a large backyard providing plenty of room for a future pool, outdoor kitchen, or custom entertainment area. Located within walking distance to Venice Island’s charming restaurants, shops, Publix, and Venice’s Beaches, this home offers the perfect blend of convenience and coastal living. Enjoy the Historic Downtown Venice and the Venice Performing Arts Center. This home sustained no damage in any recent storms and is located outside the flood zone — (flood zone X).
This auction will be held online from May 1 ~ May 7 and the closing will be within 45 days with First International Title.
Please be aware that there is an estate tag sale going on on Saturday and Sunday, April 18 and 19
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Our Executive Mortgage Banker:
Our Insurance Division:
$567,890
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 | $454,312 | $454,312 | $454,312 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $149 | $149 | $149 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,615 | $2,909 | $3,773 |
| Total Monthly Payment | $2,856 | $3,150 | $4,014 |
* 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.