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11009 and 11111 Pendleton AVENUE, #B, Englewood, FL, 34224 | $479,000
Welcome to your new investment opportunity! This meticulously maintained duplex offers the best of both worlds: two distinct residences, each with its own address and TAX ID, providing flexibility and convenience for both owners and tenants.
Both units boast 2 bedrooms, 2 bathrooms, and a comfortable 994 square feet of living space, ensuring ample room for residents to relax and entertain. Step outside onto the screened-in lanai, where you can enjoy the Florida breeze without worrying about pesky insects. Plus, with a 1-car garage for each unit, parking is never a hassle.
Currently, 11111 is generating rental income with a month-to-month lease at $1600 per month, providing an immediate return on investment. Meanwhile, 11009 stands vacant, offering the perfect opportunity for an owner-occupant or a new tenant to move in and make it their own.
Both units feature recent upgrades to ensure modern comfort and style. In 11111, you'll find a 2020 AC unit, newer water heater, and 2022 stainless steel appliances, while 11009 boasts newer granite countertops, stainless steel appliances, a brand new AC unit, and a newer water heater. With a roof that's only a year old, you can rest easy knowing that major systems are in excellent condition.
Convenience is key with laundry facilities located in the garage of each unit, and the washer and dryer in both units are included in the sale. Plus, being situated near shopping, schools, restaurants, and the beautiful beaches of the area ensures that residents have everything they need right at their fingertips.
And here's the cherry on top: the property is located in an X flood zone, meaning flood insurance is not required, providing peace of mind and potential savings for the new owner. Additionally, each unit comes equipped with hurricane shutters, offering protection and security during storm season.
Don't miss out on this fantastic opportunity to own a versatile duplex in a prime location. Whether you're looking for rental income, a place to call home, or both, this property has it all. Schedule a viewing today and start imagining the possibilities!
Features
- Bedrooms: 2
- Units: 2
- Laundry: In Garage
- Year Built: 2006
- Garage: 2-car Driveway, Garage Door Opener
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,988
- Acreage: 0.06
- Est. Taxes: $6,406
- Elem. School: Myakka River Elementary
- Middle School: L.A. Ainger Middle
- High School: Lemon Bay High
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- MLS#: A4610193
- Days on Market: 51 days
- Website: https://www.raveis.com
/prop/A4610193/11009and11111pendletonavenue_englewood_fl?source=qrflyer
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE Phone: 941-254-6467
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
11009 and 11111 Pendleton AVENUE, #B, Englewood, FL, 34224
$479,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $383,200 | $383,200 | $383,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
| Monthly Tax Payment | $534 | $534 | $534 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,549 | $2,547 | $3,286 |
| Total Monthly Payment | $3,158 | $3,156 | $3,895 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388