Discover this exceptional investment opportunity in Englewood, Florida, just 5 miles from the stunning Gulf Coast beaches! This property is ideally situated near popular destinations such as Manasota Beach, Blind Pass Beach, Stump Pass Beach, and Boca Grande Beach.
With no HOA fees and located outside of flood zones, this home offers peace of mind in a tranquil setting!
Total Gross area 3, 276 sq ft on a stem wall foundation. Each unit has 3 bedrooms, 2 bathrooms, living room, kitchen with granite countertops, laminate flooring except bathrooms which has tile.
This property was built in 2023 and comes fully furnished. It has been used as a second home/vacation rental property. Great cash flowing property for short-term rentals marketed through platforms like Airbnb, VRBO, and Booking. The interior is in pristine condition with everything still new and barely used.
Nestled on a quiet street directly across from Trignali Park and the local library, residents can enjoy easy access to outdoor activities and community resources. Trignali Park features amenities such as walking trails, picnic areas, playgrounds, tennis/Pickleball courts, making it perfect for families and individuals alike.
Spacious layout with modern finishes. White kitchen with granite countertops.
Outdoor Amenities: Enjoy the screened lanai that provides a comfortable space for relaxation while overlooking the backyard patio.
Parking: A one-car garage along each unit with a paver driveway that accommodates up to six vehicles.
Utilities: Equipped with city water and a private septic system, fiber internet service with wireless equipment.
Included Appliances & Technology: The sale includes all major appliances (Samsung washers, dryers, dishwashers, microwaves, ranges, and fridges) as well as furniture depicted in photos. Additional high-tech remote features for easy management include:
- Smart/remote Google Nest locks
- Security camera system
- Wireless thermostats
- Wireless sprinkler system
- Wireless garage opening system
With its prime location near beautiful beaches and family-friendly amenities combined with modern conveniences and technology upgrades, this property presents an outstanding opportunity for generating both short-term vacation rental income or long-term leasing options.
Nearby Murdock circle with restaurants and stores, Wellen Park, Warm Mineral Springs, Boca Grande Island, Costco, Sam's Club, Walmart, Charlotte county sports complex, fairgrounds and Charlotte Sports park for Tampa Bay Rays spring training. Close to Venice / Sarasota / Port Charlotte but without big city traffic. Very quiet area!
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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 | $519,200 | $519,200 | $519,200 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $68 | $68 | $68 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,451 | $4,452 |
Total Monthly Payment | $3,614 | $3,611 | $4,612 |
* 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.