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Bellagio, one of the most popular neighborhoods directly on the Island of Venice in a high end gated community. Bellagio is not new but this home has had many new up-grades all in the past year! New roof, new Air conditioning system, (both units), New water heater and garage door springs. The kitchen appliances in this large and open kitchen with spacious Island breakfast/entertainment bar are just three years old. If you like courtyard plans you will love the popular Trieste plan with fully enclosed heated pool and deck area. Extended family and friends that might visit for an extended stay may never want to leave with their own detached bedroom suite just off the private pool area. Very inviting with just enough separation at night. This home has been professionally cleaned and painted inside including the pool deck and the garage. The back of the home faces the intra coastal waterway! On the shady side of the home perfect for afternoon and evening cocktails on the open patio deck to watch the boats ply the Venice waterway, very relaxing with a nice cool sea breeze in the shade. A rare X zone for great elevation on the island of Venice so flood insurance is not required by many lenders. The complex has a beautiful community pool and club house with tennis courts for an active lifestyle and neighborhood get togethers. A rare and fabulous location on the Island Of Venice that is close to everyday necessities. Rarely offered directly on the Intra Coastal Waterway. Don't miss this charmer!
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Our Executive Mortgage Banker:
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$800,000
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 | $640,000 | $640,000 | $640,000 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $401 | $401 | $401 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,833 | $3,993 | $5,272 |
| Total Monthly Payment | $4,325 | $4,485 | $5,764 |
* 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.