tomo logo

$349,000

Beds
3
Baths
2.0
sq ft
1,439

501 Ravinia Cir Unit 501, Venice, FL 34292

501 Ravinia Cir Unit 501

VENICE, FL 34292

  • 40 days on market
    • Price drop $10,000↓
LIGHT & BRIGHT - GROUND FLOOR - END UNIT - PRESERVE VIEW Discover this stunning Venice condo, perfectly positioned for privacy and tranquility with a serene preserve view and coveted southern rear exposure. This 3-bed, 2-bath home in the Mediterranean-inspired community of Ravinia offers an enviable lifestyle. The interior was fully repainted in July 2024, and modern vinyl plank flooring has been installed throughout, replacing all carpeting in recent years. You'll appreciate the spaciousness and charm of this unit, part of an exclusive 88-unit community in the highly sought-after Capri Isles area. Enjoy proximity to two golf courses, downtown Venice, restaurants, shopping, and both Nokomis and Venice Beach—all within a 10-minute drive. The condo includes a 1-car detached garage, an additional dedicated parking space, and is offered turnkey furnished. Don’t miss the opportunity to own this rare ground-floor gem in a prime location!

Details

Property type

Condominium

Est. home value

$372,584

Lot size

Unknown

Price per sq ft

$243

Year built

2005

Annual property taxes

$2,286.63

HOA

No

Price History

09/12/2024
StellarMLS

StellarMLS #N6133943

Price change
$349,000
-2.79%
08/07/2024
StellarMLS

StellarMLS #N6133943

Listed
$359,000
+51.48%
04/13/2018
StellarMLS

StellarMLS #N5916588

Sold
$237,000

Schools & Community

Neighborhood: 

Pinebrook

Elementary school: 

Venice Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Community features: 

Pool, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$154,052
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$167,028
Cash to seller
$154,052

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

April 2018

Original loan amount

$189,600

Est. remaining balance

$167,028

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

William T O Donnell

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 5:50 PM

Listing updated: 09/12/2024 at 6:08 PM

Listed by: Robin Vaccai, BEACH BAY REAL ESTATE Phone #: (941) 716-9867

MLS: StellarMLS #N6133943

StellarMLS logo

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