tomo logo

$150,000

Beds
2
Baths
2.0
sq ft
902

519 Albee Farm Rd Unit 116, Venice, FL 34285

519 Albee Farm Rd Unit 116

VENICE, FL 34285

  • <1 day on market
This 2 bedroom, 2 bath condo is conveniently located close to everything, with the option to walk to shopping, restaurants, and nail services! Las Palmas is a 55+ community in the heart of Venice. This condo features a split floorplan, combination living and dining room, plus has a screened lanai. The quaint kitchen is compact, but sufficient. The bedrooms are at separate ends of the condo, each with an ensuite bathroom and one has a walk-in closet. The lanai was rescreened recently and allows you to enjoy Florida’s sunshine and warmth. There is a laundry room down the hall on the same floor with a complimentary washing machine and dryer. There is one marked parking spot, which is right outside the building’s door. There are a number of guest parking spots, and there is an extra parking area for your boat, RV, etc. The association amenities include a large heated pool, shuffleboard courts, and clubhouse. This condo is located just minutes from downtown Venice with its boutique shopping, dining, and year-round festivals, including the famous Wine & Cheese Festival, Shark Tooth Festival, and Italian Festival. Venice and Nokomis Beaches, renowned for their stunning views and legendary shark tooth hunting are nearby. Enjoy holiday charm with the annual Venice Holiday Parade and festive events. Venice is the perfect destination for enjoying Florida sunshine all year long. The Legacy Trail and the Venetian Waterway Park are both nearby giving you miles of walking, running, and biking options. Whether a seasonal get-a-away, or a fulltime home, don’t miss the opportunity to own a condo in beautiful Venice.

Details

Property type

Condominium

Est. home value

$192,171

Lot size

Unknown

Price per sq ft

$167

Year built

1974

Annual property taxes

$960

HOA

Yes

Price History

03/14/2025
StellarMLS

StellarMLS #N6137838

Listed
$150,000
-4.46%
09/22/2021
StellarMLS

StellarMLS #N6115346

Sold
$157,000

Schools & Community

Neighborhood: 

Gateway/ Waterway

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Pool, Sidewalks

Senior community center: 

Yes

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

$29,276
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$108,724
Cash to seller
$29,276

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2021

Original loan amount

$117,750

Est. remaining balance

$108,724

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Elaine Marie Vaughn and Alfred Van Tyler Vaguhn

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?

Status: Active

Tomo last checked: 03/15/2025 at 2:35 AM

Listing updated: 03/15/2025 at 1:06 AM

Listed by: Janet Oberholtzer, MICHAEL SAUNDERS & COMPANY Phone #: (941) 485-5421

MLS: StellarMLS #N6137838

StellarMLS logo

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