Dream Home or Investment Opportunity in Englewood – No HOA, Pool, and Incredible Potential!
This unique and versatile property offers a rare opportunity to own a Florida gem just 2. 3 miles from Englewood Beach and less than 2 miles from Historic Dearborn Street. Whether you're a buyer seeking the perfect family home or an investor, this property checks all the boxes!
The main home features 3 bedrooms and 2 bathrooms, including a spacious primary suite with room for a private office or cozy sitting area. The beautiful wood flooring adds warmth and charm, while the open layout ensures comfortable living. Two of the bedrooms have cedar lined closets and ample space.
But wait, there's more! This property also includes a 1-bedroom, 1-bathroom private efficiency or Mother-In-Law suite, offering endless possibilities – rental income, guest accommodations, or even a home office. Also a 30 amp connection and 6" concrete pad for your RV storage.
Step outside and enjoy your private backyard oasis, featuring a sparkling pool, multiple fruit trees, and native Florida landscaping. Whether you love to entertain or unwind, make this your paradise!
Additional highlights include:
*Metal roofs on all buildings.
*The option to purchase this home furnished – move in or start renting immediately!
*Convenient location near farmers markets, shopping, dining, and only 2 miles to Englewood Beach.
Don't miss the chance to tour this amazing property. Explore the virtual tour and check out the FAQ sheet and disclosures available in the MLS.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$356,000
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 | $284,800 | $284,800 | $284,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $187 | $187 | $187 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,967 | $1,919 | $2,423 |
Total Monthly Payment | $2,229 | $2,181 | $2,685 |
* 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.