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This incredible VACANT LOT with ownership interest in a popular and attractive mobile/manufactured cooperative community for Older Persons (age 55+) is priced significantly below assessed value as SELLER IS MOTIVATED! It’s the perfect spot to place a NEW customized and made-to-order manufactured home as the older mobile home that was on-site has already been removed at the current owner’s expense. A low monthly fee of $205 includes lawn mowing, water and sewer, trash removal at the street, as well as all community amenities including swimming pool & shuffleboard, all in a beautiful open park-like setting with a peaceful lake that reflects the tropical flora and fauna. The clubhouse is the venue for a long list of social activities and events. The community is conveniently located yet tucked away within city limits and not far from beautiful downtown Venice with unique shops and a choice of culinary restaurants. The quaint city hosts a variety of weekly activities including concerts, festivals, parades and so much more. Both the Venetian and Legacy bike trails are nearby. All minutes to your choice of Gulf beaches. Snap up this unique opportunity today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$27,500
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 | $22,000 | $22,000 | $22,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $132 | $137 | $181 |
| Total Monthly Payment | $207 | $212 | $256 |
* 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.