Residential Property - Single Family Residence in Englewood
Listing Price: $3,983,000 (Mortgage Calculator →)
Description of Property
Spacious and modern “one-of-a-kind” duplex on the Gulf of Mexico. Located on a white sandy beach with an expansive view of blue-green water meeting the azure blue sky, this property is the perfect beach rental. Upon entering, you will be struck by the large open floorplan and the abundance of natural light illuminating the stylish interior. As you step out onto the covered balcony, you will smile as the feel the sun on your face and a gentle breeze coming off the water. This 3-story duplex has 3 bedrooms and 3 bathrooms on each side with parking underneath. Recent renovations include a new roof (2023), impact hurricane windows, hardy plank siding and new steps and railing. The ample-sized kitchen leads into a separate dining room adjacent to an ample living room with sliders leading to the balcony revealing amazing Gulf views. The bedrooms are located upstairs and each master bedroom has gorgeous beach views, an en-suite bathroom and walk-in closet. This turn-key furnished property is within walking distance of restaurants, parks, golf courses and shopping a few miles away. Close to Sarasota, Punta Gorda, and Fort Myers Airport, this is an ideal Air B&B. Short-term rentals are allowed, and the rental history is excellent. This property offers a unique investment opportunity with a consistent track record of rental income and potential for further growth in the future. The tenants love it here and many come back every year. It is being conveyed with a solid book of business that generated gross rent of $265,000 in 2022. Gross rent of $255,000 has already been booked for 2023 (as of 1/26/2023). Income and expense details are available to a qualified buyer.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Englewood
County: Charlotte
Subdivision: Englewood Shores
Bedrooms: 6
Bathrooms: 6
Sq. Ft. Gross: 4,635
Sq. Ft. Living Area: 3,800
Cost per (heated) sqare foot: $1,048
Year built: 2002
Annual Tax: $17,688
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Ceiling Fans(s)
- Master Bedroom Upstairs
- Open Floorplan
- Thermostat
- Walk-In Closet(s)
- Window Treatments
Appliances:
- Dishwasher
- Dryer
- Electric Water Heater
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
Window Features:
- Drapes
- Window Treatments
- Storm Window(s)
Additional Rooms: Great Room, Inside Utility
Flooring: Laminate, Tile
Laundry Features:
- Inside
- Laundry Closet
- Other
Green Features
Indoor Air Quality: No Smoking-Interior Buildg, Ventilation
Schools
Middle/Junior High School: L.A. Ainger Middle
High School: Lemon Bay High
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Gulf/Ocean
Water Access: Yes
Water Access Type: Gulf/Ocean
Water View: Gulf/Ocean - Full
Water Name: Gulf Of Mexico
Exterior & Construction
Property Features: Elevated, Stilt Home
Architectural Style: Elevated, Key West
Rooms: 12
Construction: Cement Siding, Wood Frame
Foundation: Stilt/On Piling
Roof: Shingle
Exterior Features: Outdoor Shower, Sliding Doors
- Driveway
- Ground Level
- Open
Floors Total: 3
Floors in Unit: Three Or More
Cooling: Central Air, Zoned
- Central
- Electric
- Zoned
Patio & Porch Features: Rear Porch
Security Features: Smoke Detector(s)
View: Water
Utilities:
- Cable Connected
- Electricity Connected
- Fire Hydrant
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features: Public Boat Ramp, Waterfront
Lot Information
Lot Features:
- Flood Insurance Required
- Flood Zone
- Key Lot
- Near Golf Course
- Sidewalk
Lot Size (acres): 0.24
Lot Size (sq. ft.): 10,475 square feet
Front Exposure: West
Legal Description & Other Information
Financing Available: Cash, Conventional, Trade
Parcel Number: 411913232007
Zoning: MMF12
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: EGS 000 000A 0006 ENGLEWOOD SHORES BLK A LT 6 204/283 PR81-535 DC737/1676 PR84-615 824/446 871/1206-1207 1757/129 CT3652/1995 3664/1630 E4414/1979
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.