Listing Details for MLS #N6136573
2985 N Beach Road Unit C8-1, Englewood, Fl

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 who 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. If you have a boat, there are 14 first come slips you can have moored right outside your patio door. Just about every type of bird the Gulf Coast of Florida has to offer passes by your windows each day. At night, you can watch the moon rise casting a brilliant light over the sparkling waters of the Bay. This rare waterfront property sits directly on the Bay offering you a peaceful piece of paradise in an Old Florida setting that is hard to find. The Villa is ground floor with no steps and your private carport just outside the front door. The carport is large, sufficient for storing a car over the summer, with extra storage above for Kayaks or bicycles. A short walk up the private drive leads you to a beautiful freshwater pool and clubhouse, and just across the road is the community’s private access to a wide, sandy beach on the Gulf of Mexico.The average asking price for a 3 bedroom/2 bath condominium in this Zip code is $539,576. This condominium is listed at about 111% of the average asking price. There are 6 3 bedroom/2 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »