227 Bahia Vista DRIVE, Englewood, FL, 34223 | $685,000

Under contract-accepting backup offers. Investment Opportunity! Discover 87 feet of expansive, unobstructed views of Lemon Bay, located near Mile Marker 26, one of the widest sections of the bay. Experience breathtaking sunsets from this property! Previously, this home offered 2, 490 square feet of open floor plan living, featuring panoramic views from nearly every angle, a spacious enclosed lanai, and a sparkling pool. The pool has been cleared of debris, and the water lines have been pressure checked. The former owner had a private boat dock with electricity, which can be restored, as some of the pilings remain intact. A sturdy concrete seawall is in place. The property is connected to city water and sewer. It is being sold AS-IS, presenting a cash buyer with the opportunity to renew the existing property or build anew and start enjoying the “salt life. ”



This boater's dream location offers direct access to the Gulf of Mexico with less than a 5-mile boat ride. Hop in your golf cart and take a tour of downtown Dearborn, where you can explore a variety of restaurants, shops, and the renowned Dearborn Farmers Market. Manasota key Englewood Beach by car is only 2. 7 miles. Seize this fantastic opportunity to build your dream home on a prime waterfront lot, creating instant equity for you and your family.

Some photos have been virtually renovated/enhanced.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: None
  • Year Built: 1957
  • Garage: 1-car
  • Heating: None
  • Cooling: None
  • Approx Sq. Feet: 2,490
  • Acreage: 0.35
  • Est. Taxes: $7,668
  • Lot Desc: Level, Street Dead-End
  • View: Water
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: N6135912
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/N6135912/227bahiavistadrive_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 12/18/2024 2:27:08 AM)
Listing courtesy of ENGEL & VOELKERS VENICE DOWNTOWN   Phone: 941-388-9800

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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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227 Bahia Vista DRIVE, Englewood, FL, 34223

$685,000

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 $548,000 $548,000 $548,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment $639 $639 $639
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,692 $3,642 $4,621
Total Monthly Payment $4,423 $4,373 $5,352

* 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.