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5055 N Beach ROAD, #108, Englewood, FL, 34223 | $400,000
Discover the charm and potential of this 912-square-foot coastal retreat located at 5055 N Beach Rd UNIT 108 in beautiful Englewood, FL. This first floor 2-bedroom, 2-bathroom end unit condo offers a prime opportunity for customization and investment following recent hurricane damage. The homeowner association will replace the drywall, back sliding doors, new hurricaine windows and new electic in the unit in January 2025, leaving the new owner responsible for personalizing the kitchen, water heater, AC, and flooring to suit their tastes.
The property boasts an open floor plan flooded with natural light, overlooking the inviting pool area. Previously renovated bathrooms with stylish walk-in showers remain intact, providing a glimpse of the potential elegance this unit can offer. With no rental restrictions, this property is ideal for both personal enjoyment and generating income, making it an excellent Airbnb opportunity.
Located in the heart of Englewood, this condo is more than just a home—it's a lifestyle. Enjoy the area's coastal beauty, vibrant community, and endless outdoor activities.
Seize this chance to create your dream coastal escape! With its unbeatable location and limitless potential, this condo invites you to turn your vision into reality.
Features
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 2
- Amenities: Laundry, Pool, Storage
- Rooms: 6
- Bedrooms: 2
- Baths: 2 full
- Laundry: Laundry Room, Outside
- Complex: TIKI APTS BLDG 01
- Year Built: 1971
- Common Charge: $1,365 Quarterly
- Approx Sq. Feet: 912
- Acreage: 0.02
- Est. Taxes: $4,920
- Lot Desc: Flood Insurance Required, FloodZone, City Lot
- View: Pool
- Elem. School: Englewood Elementary
- Middle School: L.A. Ainger Middle
- High School: Lemon Bay High
- Pet Policy: Yes
- Appliances: Microwave
- MLS#: A4632909
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/A4632909/5055nbeachroad_englewood_fl?source=qrflyer
Listing courtesy of REAL RE GROUP LLC Phone: 941-661-5767
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
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- Market your home to realize a quick sale at the best possible price
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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
5055 N Beach ROAD, #108, Englewood, FL, 34223
$400,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $320,000 | $320,000 | $320,000 |
| 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 | 7.456% | 7.171% | 6.276% |
| Monthly Tax Payment | $410 | $410 | $410 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,156 | $2,127 | $2,699 |
| Total Monthly Payment | $2,641 | $2,612 | $3,184 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388