12187 Amica Loop, Venice, FL 34293
2 beds · 2 baths · 1,568 sqft
PRICE ENHANCEMENT Experience Luxurious Living at 12187 Amica Loop in Gran Paradiso located in Venice Florida Discover this elegant 2-bedroom + den villa in the highly sought-after gated Gran Paradiso community. With 1,568 sq. ft. of thoughtfully designed living space, this open concept Villa is move-in ready and packed with upgrades: Interior Features: Freshly painted walls, custom electronic window blinds on Sliders, custom blinds in bedrooms and office, upgraded ceiling fans, new dishwasher, and disposal 2024. Open concept living with split bedroom floor plan for the utmost privacy. You will enjoy outdoor living on one of the largest caged and pavered lanais in this villa area, complete with a private wall separating it from neighbors for privacy and you have serene views of the wooded preserve. Concrete block exterior walls with Concrete tile roof, hurricane shutters, and a paver driveway and walkway. Enclosed front entrance for additional security. Attached 2-car garage and landscaping/yard maintenance included in the monthly fees. Gran Paradiso offers resort-style amenities in this gated community, Tuscany style club house, including a 24-hour gym, a sparkling community pool, saunas, Locker rooms, billiard room, outside fireplace, game room, meeting rooms, library, playground, on-site management, and a full-time activities director to enhance your lifestyle. All of this is across the street from the new master planned community of Wellen Park. Wellen Park is a vibrant and rapidly growing master-planned community known for its modern amenities, beautiful surroundings, and lifestyle-focused design. It is an ideal destination for families, snowbirds, and anyone seeking an active and engaging community in the Sunshine State. Wellen Parks is situated near Interstate 75, easy access to Sarasota, Tampa, and Fort Myers. It is just minutes from Gulf Coast beaches, like Venice Beach and Manasota Key. Surrounded by Florida’s lush landscapes, it includes nature trails, lakes, and parks for outdoor enthusiasts. Wellen Park features pedestrian-friendly streets, paths, and open spaces to encourage walking and biking. Along with a Downtown Wellen Park: A central hub featuring boutique shops, waterfront dining, an 80-acre lake for kayaking and paddleboarding, and a state-of-the-art event lawn. Recreation: Golf courses. The community regularly hosts events, farmers' markets, and live entertainment. Fitness trails, yoga classes, and outdoor exercise stations support an active and healthy lifestyle. A full calendar of social activities fosters connection among residents. There are public and private schools nearby, making Wellen Park family-friendly. Top-notch medical facilities and hospitals, such as Sarasota Memorial. Home of Cool Today Park, the spring training facility of the Atlanta Braves, a hotspot for baseball fans. It is no wonder this area is one of the fastest-growing in Florida. Whether you are looking to relocate, retire, or invest, Wellen Park offers an unparalleled opportunity to enjoy the best of coastal Florida living. Do not miss this chance to live in luxury and privacy in a vibrant community. Schedule your showing today!
Source: STELLAR #N6135459
Financials
Source: Public records
Source: STELLAR #N6135459
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.