Residential Property - Single Family Residence in Venice

Listing Price: $400,000Days on Market: 27

Description of Property

2 WAYS TO GET MORE HOUSE FOR LESS TAKE OVER THE 2.75 RATE — OR USE UP TO $20,000 TOWARD A RATE BUYDOWN Two powerful financing options give you the opportunity to reduce your cost of ownership. OPTION 1 — TAKE OVER THE 2.75 rate MORTGAGE: An existing mortgage with a 2.75 interest rate and 23+ years remaining may be assumable, subject to lender approval, buyer qualification and applicable requirements. The existing low rate can provide a substantial interest-cost advantage compared with obtaining a new mortgage at today's rates. Buyer to verify all loan terms, eligibility and assumption requirements with the lender. OPTION 2 — NEW LOAN + SELLER CONCESSION: Prefer a new mortgage? A seller concession of up to $20,000 may be available toward eligible closing costs and/or an interest-rate buydown, subject to contract and lender approval. Your lender can determine the actual rate, payment and savings based on your specific financing. TWO WAYS TO BUY. ONE OPPORTUNITY TO MAKE YOUR MONEY GO FURTHER. Step inside and you'll love what you see. The brand-new kitchen features 18 cabinets, a coffee bar and granite countertops. New flooring throughout. The water system has new filters and a reverse-osmosis system for clean, fresh drinking water. The roof is approximately 7.5 years old, and the A/C has a new compressor. The home has been pre-inspected and is truly move-in ready. There are NO HOA OR CDD FEES. The property is served by a private well and septic system, with no municipal water or sewer bill. Buyer should verify utility and maintenance costs. 16,000+ SQ. FT. — TWO LOTS You get more than a house. You get two lots totaling approximately 16,000 square feet. The additional approximately 8,000-square-foot lot is cleared and includes a shed and lemon tree. Use the additional land for extra space, future plans or potential resale, subject to zoning, permitting and applicable requirements. SOUTH VENICE LOCATION Approximately 1,000 feet from the Intracoastal Waterway, with access to South Venice's private ferry and boat-launch amenities. Enjoy convenient access to beaches, boating, restaurants, shopping, medical services and downtown Venice. Sarasota's professional baseball, rowing and boating facilities are also within convenient driving distance. RENTAL POTENTIAL The property has potential for long-term, seasonal or permitted short-term rental use, subject to applicable laws, licensing and regulations. Rental rates vary by season, term and market conditions. Buyer should independently verify current rental requirements and achievable rents. OWNER/REALTOR®