20398 Lagente Cir

Venice, FL 34293
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3 bd, 3 ba | 1,950 sqft | Built in 2021

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List Price
$305,000

Initial Investment

$83,113

Purchase Price

$305,000

Down Payment

25%

Rent

$2,800

Total Return

$155,743

Annualized Return

22.6%

Cap Rate

4.4%

Gross Yield

11.0%

Cash Flow

-$3,574

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

4,382

HOA

$544/mo

Flood Risk

Not Required

Rarely available end unit and priced aggressively. These end units are only 30% of all the townhomes built in Gran Paradiso. The end unit design means that this townhome has windows on three sides, providing a much brighter and more airy feel compared to the interior floor plans. They are also slightly larger than the interior plans. This Townhome features 1949 square feet of living space, spread across two levels. The layout includes three bedrooms and two and a half bathrooms, making it suitable for families or those looking for additional guest space. The primary suite is upstairs, offering a private retreat with ample closet space and an en-suite bathroom. Additional bedrooms and another full bathroom are also located on the upper level, while the main floor hosts an open living area, kitchen, and a half bath for guests.The kitchen offers lots of work space and stainless steel appliances. It over looks the main living area and views of the pond. This home offers lots of storage which is valuable space in Florida. There are two large storage closets. 1 is located on the lanai for items like beach chairs and other similar items and the 2nd is located inside and is one of the biggest internal storage closet of any floor plan in Gran Paradiso. The expansive owner's suite offers water views, an en suite with two generous walk-in closets, double sinks, walk-in shower and a private water closet. The laundry is on the second floor, which adds modern practicality and efficiency to your everyday living. HOA monthly assessments cover lawn maintenance, maintenance upkeep of all amenities, cable and internet by Hotwire Fision. Hurricane shutters for all windows and sliding and front doors.
Location, Location, Location - 1 mile to Downtown Wellen Park, 7 miles to gulf beaches, 9 miles to Venice island. 1.5 miles to a new Costco, 2 miles to the Atlanta Braves Spring Training facility. This town home is located conveniently near the community rear owners gate offer quick and easy access to I75 and located in the center of all of the major airports along the Gulf coast including Ft Myers, Punta Gorda, Sarasota, St Pete, and Tampa International. It makes shopping for tickets easy because they are all within a relatively similar driving distance. A bike ride or golf cart ride to Gran Paradisos world class amenity center. The community amenities include one of the largest pools in Wellen Park, hot tub, a clubhouse, a library and meeting rooms, lifestyle events and classes, quality work out room, men and women's wet and dry spa, table tennis, tennis courts, pickle ball courts, basketball courts, playground. The workout center is available 24 hours a day with a key card access. There are a lot of activities and events, and the association has a lifestyle director.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$31,920

Expenses

-$11,893

Property Taxes

-$7,020

Loan Payments

-$16,581

Net Cash Flow

-$3,574

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Eric Johnston
Agent License 708502
HOOVER REALTY LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4649195
Last Updated: 04/18/2025 10:04
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