Residential Property - Condominium in Englewood
Listing Price: $599,900 (Mortgage Calculator →)
Description of Property
Amazing opportunity to purchase this hurricane damaged Waterfront Villa in Admiralty Villas which is a Gulf to Bay property located on Beautiful Manasota Key. This condo was sold in May 2022 for $775,000. The HOA is responsible for fixing up the entire exterior of the unit and the buyers will have the option to either allow the HOA to fix up the inside as well or fix up the inside themselves and will be reimbursed up to $87,000 towards qualified repairs. We have a contractor all lined up that will completely finish the entire inside for under $80,000. The buyers will be "All In" completely repaired at the purchase price, and will have a ton of instant equity! The $15,000 Special Assessment for the hurricane damage will be paid in full by sellers. Admiralty Villas is a quaint old Florida style community with access to community boat docks on a first come first serve basis (once repaired), Heated Community Pool and Deeded Beach Access right across the street. Located less than 1 mile to fine dining restaurants, amazing bars and pubs, and is completely surrounded by world class fishing and boating. Come and take a look at this amazing opportunity today!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Englewood
County: Charlotte
Subdivision: Admirals Point Condo
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,250
Sq. Ft. Living Area: 1,250
Cost per (heated) sqare foot: $480
Year built: 1972
Annual Tax: $5,405
HOA Fee: $3,092 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: None
Flooring: Other
Schools
Elementary School: Englewood Elementary
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 to Bay
Water Name: LEMON BAY, GULF OF MEXICO
Exterior & Construction
Construction: Wood Frame
Foundation: Slab
Roof: Tile
Exterior Features: Storage
Garage: Yes
Garage Spaces: 1
Parking Features: Assigned
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Patio
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Private Sewer
Water Source: Public
Community Features: Special Community Restrictions
Association Amenities: Pool
Lot Information
Lot Features: Flood Zone
Lot Size (acres): 0.2
Lot Size (sq. ft.): 8,100 square feet
Front Exposure: West
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 411901701027
Zoning: MMF7.5
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: ADV 000 0000 C8-1 ADMIRALTY VILLAS UN C-8-1 388/159 443/60 509/141 554/479 DC941/437 943/1904 952/903 AFF3364/1484-DMT JR 3364/1491 3866/1969
Section: 1
Range: 19E
Listing courtesy of PRESTIGE HOME REALTY. 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.