6209 ERICE ST, Venice, FL 34293
Discover your slice of paradise in this stunning villa home located in the coveted community of IslandWalk. Sold TURNKEY FURNISHED and even includes a GOLF CART to explore ISLANDWALK – Move-in ready, just bring your suitcase!! The home is conveniently located on a cul-de-sac to keep things quiet and thru-traffic to a minimum. As you step through the side entrance, you'll be greeted by a bright and open floor plan. The spacious floor plan features two primary bedrooms both with en-suite bathrooms, providing privacy and ample space for comfortable living and entertaining guests. All white kitchen cabinets, ample cabinetry and a large peninsula make this space the perfect place for entertaining and the center of the home. Unwind and relax in the lavish primary suite showcasing a beautiful WATER VIEW. The second primary suite, located on the opposite side of the home, has a guest bathroom that can be closed off with a pocket door for privacy. Walk-in closets in both bedrooms. You will love the convenience of the separate laundry room with sink, counter space, and plenty of cabinets for storage. A Central Vacuum system is located in the garage. Step outside through the triple SLIDING GLASS DOORS and enjoy your WATERFRONT oasis from the OVERSIZED and PRIVATE LANAI. The expansive screened patio overlooks one of the many lakes in IslandWalk and is the perfect backdrop for outdoor gatherings or a serene space to enjoy the relaxing view and observe the wildlife. Plenty of space to add a pool! This home is also conveniently located steps away from the IslandWalk BOARDWALK for quick morning and evening walks. Hop on your bikes and ride over to WELLEN PARK, just a few minutes away. Enjoy the many restaurants to choose from as well as outdoor live entertainment. The Atlanta Braves Spring training STADIUM is also right around the corner so be sure to grab lunch or a drink at the TIKI BAR that is open year around! Amenities at IslandWalk include 2 clubhouses, 2 hot tubs, 2 Resort-style pools, lap pools, 2 fire pits, library, 2 fitness centers, art room, massage room, movement room/studio, event center, event lawn, corn hole, pool volleyball, 12 pickleball courts, 8 tennis courts, 5 bocce ball courts, playground, 1/2 basketball court, community garden etc. There are always plenty of scheduled events and activities to hang out with friends or meet new ones! LAWN MAINTENANCE, CABLE and INTERNET are INCLUDED in the monthly HOA. Don't miss your chance to experience the perfect blend of luxurious living and tropical charm! Schedule your showing today!
You may be able to put down less than the total down payment amount of $2,660 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #n6132116