60 Coquina LANE, Englewood, FL, 34223 | $825,000

One or more photo(s) has been virtually staged. Opportunity Knocks! This 2-story Gulf-view home is located just steps from the warm, turquoise waters of the Gulf of Mexico and provides an incredible opportunity for a lucky buyer. This home was moderately impacted by Hurricanes Helene and Milton with some storm surge into the first floor, but there is no apparent roof or structural damage. Affected drywall was removed right away, and the home was quickly cleaned and dried out. The first floor provides an opportunity to design a kitchen and bath that fits within your needs and budget. The original Florida pine ceilings and gorgeous terrazzo floors remain undamaged, and all perimeter first-floor interior walls are block & stucco so only interior partition walls need drywall repair. The first floor features a kitchen, living room, dining nook, bedroom, full bath, laundry room, and a former carport that was converted into a versatile acrylic-enclosed sunroom. The entire second floor was virtually untouched and the 22’ x14’ second floor porch provides stunning Gulf of Mexico views! This spacious en-suite area is a perfect getaway for relaxing, with plenty of room to establish a seating area for watching TV or reading a good book. The enormous walk-in closet has direct access to the en-suite bath. This closet area is so large, it was used for extra storage as well as a cozy hideaway/play area for visitors! There’s plenty of room to add a third bedroom upstairs if that is desired. A large 20’ x 14’ covered patio on the rear of the home makes a great place to grill and dine al fresco, and a large paver driveway provides ample off-street parking for guests. The location of this home is outstanding, just 150 feet to the beach and just a short walk, bike, or golf cart ride to all the local restaurants, shops, and marinas that Englewood Beach is loved for. This property would make a perfect personal seaside retreat, or take advantage of the short-term vacation rental ability and cash in on rental income year after year. This is the least expensive single-family home with a Gulf view on Manasota Key by a long shot, don’t miss out on this opportunity to own a piece of paradise!

Features

  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 85 x 75
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Coastal, Cottage, Florida
  • Year Built: 1958
  • Garage: Off Street
  • Heating: Central, Electric, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,564
  • Acreage: 0.15
  • Lot Size: 85 x 75
  • Est. Taxes: $10,666
  • Lot Desc: CoastalConstruction Control Line, FloodZone, In County, Level, Unincorporated
  • View: Trees/Woods, Water
  • Elem. School: Englewood Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: None
  • MLS#: N6135068
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/N6135068/60coquinalane_englewood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/23/2024 10:32:11 AM)
Listing courtesy of THE RITTER GROUP   Phone: 941-961-4046

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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60 Coquina LANE, Englewood, FL, 34223

$825,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $889 $889 $889
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,281 $4,226 $5,795
Total Monthly Payment $5,262 $5,207 $6,776

* 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.