Waterfront Townhome in Gated
20227 LAGENTE CIRCLE Venice, FL 34293
20227 LAGENTE CIRCLE, Venice, FL, 34293
$299,900
Pending
For Sale
$299,900
Pending
Fully furnished, 3-bedroom townhome with pond view in resort-style community.
Property Size1,949 SF
Lot Size0.06 Acres
Days on Market544
Property Features for 20227 LAGENTE CIRCLE
General Information
- Standard status
- Pending
- Size
- 1,949 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2018
Listing agency
CENTURY 21 SCHMIDT REAL ESTATE
(941) 786-4084
Listed by
Barry Neiss · License #3526109
(941) 786-4084
Source
Exitrealty
Added: Jan 23, 2025 Updated: Jul 6 at 12:07PM Checked: Jul 21 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 SCHMIDT REAL ESTATE
Investment Insights
Based on property information with market context.
This fully furnished, waterfront townhome is located in the gated community of Gran Paradiso in Wellen Park. The home features 3 bedrooms, 2.5 baths, and a one-car garage with storage. The kitchen is equipped with granite countertops and stainless steel appliances, along with a breakfast bar and dining area. The living room is bright and spacious. Crown molding and fresh paint adorn the walls. Upstairs, there are three bedrooms and a laundry closet. The primary bedroom includes an ensuite bathroom and ample closet space. The upstairs hallway has hardwood flooring. The garage includes a ceiling storage unit. The east-facing lanai offers views of the pond and its wildlife. Gran Paradiso offers a resort-style pool and clubhouse with a fitness facility, saunas, steam/massage rooms, billiard/card tables, and aerobic/dance rooms. A full-time lifestyle director plans community events for all ages. Amenities include pickleball, tennis, basketball, and bike paths. The HOA includes cable/TV, lawn care, irrigation, and all amenities. The community is golf cart friendly and offers gated entries. The property is located close to the beach, shopping, and events, and downtown Wellen Park is a short bicycle ride away, offering live entertainment, restaurants, and shops. Downtown Venice and the Gulf beaches are within a 10-minute drive. The Atlanta Braves spring training facility is nearby.
Key Highlights
- Waterfront property with Eastern‑facing lanai, ideal for sunrises.
- Fully furnished, maintenance‑free townhome in Gran Paradiso, a gated, resort‑style community.
- Extensive community amenities include a resort‑style pool, clubhouse with fitness center, saunas, and various recreational facilities.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $18.48 |
| − Vacancy | −$3.7k | −$1.92 |
| EGI | $32.3k | $16.56 |
| − OpEx | −$14.5k | −$7.45 |
| NOI | $17.7k | $9.11 |
1,949 SF · lease $18.48/SF/yr · vacancy 10.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$253.6K
$221.9K – $295.8K
NOI $17,749 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$553.9K
$484.7K – $646.2K
NOI $38,774 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Fully furnished, 3-bedroom townhome with pond view in resort-style community.
Where is this residential income property located?
The property is located at 20227 LAGENTE CIRCLE Venice, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Waterfront property with **Eastern‑facing lanai, ideal for sunrises**.; **Fully furnished, maintenance‑free townhome** in Gran Paradiso, a gated, resort‑style community.; Extensive community amenities include a resort‑style pool, clubhouse with fitness center, saunas, and various recreational facilities.
