House in Venice, Florida 2 bedrooms, 92.62 sq.m. № 2350239

Property description

JUST REDUCED $35,000 ($25,000 plus $10,000 more)! 2/2 on a 16,000 sq ft double lot. 1,000 ft to a deeded community private 1/3-mile Gulf beach and ferry. If you’ve been on the fence, As Is this price makes the decision for you. TAKE OVER THE 2.75 RATE MORTGAGE. Current P/I is under $800 a month. This 2/2 on TWO LOTS (16,000+ sq ft) in South Venice has an assumable mortgage with a 2.75 rate and 23+ years left, subject to lender approval and buyer qualification. Today’s rates are much higher, so the interest savings over a new loan can reach six figures over the life of the loan. Buyer to verify all loan terms with the lender. The assumption requires the cash difference between the loan balance (about $159K) and the purchase price, plus lender approval. The second lot cannot be separated while the assumable loan stays in place but "can" on a cash sale. Lot value is $90-95K for 8,000 sq ft, based on recent comps. Move-in ready. Pre-inspected, work done, selling AS-IS (form). Updated kitchen: 18 cabinets, granite counters, coffee bar New flooring throughout Flex 3rd bedroom or office, laundry room, lots of closets Keyless entry, 4-season porch and outdoor porch Space for a pool and pool house A/C everywhere under roof, NEW compressor (Sept) Roof 7.