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Welcome to 861 Nectar Rd—an exceptional Key West–style elevated residence offering luxury, versatility, and income-producing potential in highly desirable South Venice. Encompassing approximately 2, 900 square feet, this 4-bedroom, 3. 5-bath home is thoughtfully designed for both refined living and maximum flexibility.
A private-entry first-floor in-law suite with wet bar and full bath creates an ideal setup for short-term rental income, guest quarters, or multi-generational living. The main living level showcases rich oak flooring, an open-concept design, and a beautifully appointed kitchen featuring custom wood cabinetry, quartz countertops, and stainless-steel appliances. The primary suite is conveniently located on this level, while the expansive wraparound porch delivers the ultimate indoor-outdoor Florida lifestyle experience.
The upper level offers additional value with a loft/media space, two bedrooms, and a full bath—perfect for accommodating guests or maximizing rental occupancy.
Designed with both lifestyle and functionality in mind, the oversized two-car garage includes a hurricane-rated glass smart garage door, custom steel Diebold workshop, LED lighting, and a dedicated A/C system with humidity control. An extended driveway provides ample space for boats, RVs, or multiple vehicles.
Significant upgrades include a newer roof (2018), water heater (2022), two A/C units (2023 & 2024), and NEW exterior painting just completed—including the decks—ensuring a turnkey, move-in or rent-ready opportunity.
Ideally located with no HOA restrictions, just minutes from the South Venice Beach Ferry (private beach and boat launch access), historic downtown Venice, Englewood Beach, Wellen Park, and the Atlanta Braves spring training facility.
An outstanding opportunity for investors or second-home buyers—this property is perfectly positioned for Airbnb or short-term rental success, offering strong income potential in a prime coastal market.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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 | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $453 | $453 | $453 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,801 | $2,917 | $3,890 |
| Total Monthly Payment | $3,346 | $3,462 | $4,435 |
* 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.