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425 Yale STREET, Englewood, FL, 34223 | $495,000
FAMILY COUMPOUND - TWO CHARMING FLORIDA COTTAGES ADJACENT TO EACH OTHER - LISTED AT $525, 000 EACH. SELLERS PREFER TO COMBINE THE SALE AS A PACKAGE DEAL, AS THIS WOULD BE THE HIGHEST AND BEST USE FOR YOUR INVESTMENT AND ALLOW THESE PROPERTIES TO CONTINUE TO COMPLIMENT EACH OTHER.
(MLS# D6132845 & D6132844). Lovingly updated, New Roofs, Kitchens, Appliances, Flooring, Custom Shiplap Ceilings and Walls.
LIGHT-BRIGHT-AIRY These sellers want to offer a savvy buyer the same unique opportunity to purchase as they did to take advantage of this unique location and zoning use. Both houses have had substantial updating. Both of these properties are in the RCTOD - RESIDENTIAL COMMERCIAL TRANSITION OVERLAY DISTRICT. This specialized zoning creates unique mixed-use opportunities for this location! *RCTOD provisions govern over the Unified Development Code. Bed & Breakfast, Galleries, Working Studios, and Offices are some of the many utilizations allowed here. Each home offers something a little different, hence the combination of the two properties secures the utmost creative usage. These properties are located in the Old Englewood Village neighborhood, just blocks from the Dearborn Street Downtown Business District with a wonderful selection of Specialty Stores, Inside and Outside Dining Options, Live Music Venues, Monthly Car Shows, Seasonal Weekly Farmers Market, Elsie Quirk Library, and Lemon Bay Playhouse are just some of the anchors for this lively and quaint downtown area.
There are three Sarasota County Parks within a mile. LEMON BAY PARK & ENVIRONMENTAL CENTER offering hiking trails, birdwatching, fishing, grills, shelter, kayak & canoe launch. CHEROKEE STREET PARK offering transient docking, fishing pier, grills and shelter. INDIAN MOUND PARK offering picnic sites, grills, shelter, fishing and a PUBLIC BOAT RAMP that gives direct access to LEMON BAY and out to the GULF OF MEXICO.
Revisualization and creating a "sense of place" in this downtown area of Old Englewood is offered here! New projects in the area are sure to transform and enhance the bright future of this neighborhood. Be part of the upward trend and budding possibilities. These properties can bring you INSTANT INCOME. FULLY FURNISHED AND READY TO GO! No current leases hindering rental rates or a quick closing!
NOT IN A FLOOD ZONE. CALL FOR FURTHER DETAILS AND TO SCHEDULE A TOUR OF THESE DELIGHTFUL PROPERTIES.
Features
- Rooms: 7
- Bedrooms: 2
- Baths: 2 full
- Year Built: 1953
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,155
- Acreage: 0.18
- Est. Taxes: $2,240
- Elem. School: Englewood Elementary
- Middle School: L.A. Ainger Middle
- High School: Lemon Bay High
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: D6132845
- Days on Market: 387 days
- Website: https://www.raveis.com
/prop/D6132845/425yalestreet_englewood_fl?source=qrflyer
Listing courtesy of LASBURY-TRACY REALTY INC. Phone: 941-474-5585
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
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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
425 Yale STREET, Englewood, FL, 34223
$495,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| 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 | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $187 | $187 | $187 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,635 | $2,632 | $3,395 |
| Total Monthly Payment | $2,897 | $2,894 | $3,657 |
* 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