True to its name, Mission Lakes in Venice is a residential community where you can find Spanish Colonial-style buildings neatly arranged around three lakes. This nice collection of 264 low-rise condominiums and villas currently represents one of the most affordable opportunities for prospective home buyers and smart real estate investors.

With prices starting as low as $169K for a two-bedroom unit with a clear view of the lake, Mission Lakes is an enticing neighborhood with a great location. The main entrance of Mission Lakes is located along Center Road, not far from the Tamiami Trail and right next to the Pelican Pointe Golf and Country Club; this means that you have easy access to the Jacaranda Plaza shopping center, where you can find convenient stores such as Beall’s, Dollar Tree, Marshall’s, and others. You can also find a Publix supermarket and a couple of nice restaurants driving just a few minutes west. Caspersen Beach and the popular Brohard Paw Park, one of the most popular dog-friendly beaches in Florida, are about 20 minutes away.

The affordability of Mission Lakes goes beyond sales prices; the homeowners association fees, which take care of water, basic cable, building maintenance, and upkeep of amenities, are among the lowest in the region. Each of the three residential sections has its own heated swimming pool as well as green space for barbecue picnics. Thanks to the mature trees and careful landscaping, Mission Lakes has a nice and leafy ambiance; moreover, the greenbelt spaces surrounding the neighborhood provide a buffer against traffic noise.

Given its proximity to the Historic Downtown Venice district and I-75, Mission Lakes is very attractive to prospective renters, which means that smart real estate investors have a chance to generate monthly revenue through leasing; the HOA only asks that you rent properties for at least 30 days, and this is pretty easy when you consider everything that this community can offer to families and to single professionals as well.