Welcome to your private paradise in Englewood, where the Florida lifestyle meets ultimate relaxation. 100ft of canal frontage with Gulf Access. This beautifully updated coastal home is Turnkey Fully Furnished, featuring 2 bedrooms and 1. 5 bathrooms, is currently operating as a successful short-term rental with consistent bookings throughout the year. With a 5-star rating and a loyal following of repeat guests, this property offers excellent cash flow with minimal effort.
Whether you're looking to continue its success as a rental or make it your own, this home is the perfect escape. Step inside to find a home designed with a modern coastal flair, offering a serene and inviting atmosphere. The fully furnished interior is complemented by a stunning, completely private backyard that includes a Tiki Bar, a pool with a slide, a hot tub with a surrounding bar, a gazebo, a horseshoe pit, cornhole, and a firepit. The large floating dock provides easy access to Lemon Bay, making it ideal for boaters. This home also offers a large, detached metal shop that survived Hurricane Ian without a scratch. Additionally, two separate driveways with wired RV hookup adds flexibility for RV or large boat. This home also has solar panels that provide excellent economical power.
This home truly has it all. Whether you're seeking a permanent residence or a vacation home with great rental potential, this fully furnished Englewood gem delivers the best of Florida living and is unique for its outdoor living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,950
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $439,960 | $439,960 | $439,960 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $602 | $602 | $602 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,890 | $3,710 |
Total Monthly Payment | $3,621 | $3,584 | $4,404 |
* 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.