425 Morrison AVENUE, Englewood, FL, 34223 | $525,000

ADDITIONAL BUILDABLE LOT INCLUDED!!!! LOCATION-LOCATION -LOCATION - BEAUTIFUL SETTING WITH TRANQUIL WATERFRONT (POND) VIEW. THIS HOME HAS TWO SEPARATE LOTS- DEAD END STREET - PRIVATE SETTING- AND LOCATED IN THE VERY DESIREABLE SECTION OF "OLD ENGLEWOOD" IN SARASOTA COUNTY, ENGLEWOOD, FLORIDA. THERE ARE TWO PARCELS INCLUDED IN THIS SALE!! SEPARATE PARCEL ID'S.
THIS ONE-OF-A-KIND PROPERTY IS AVAILABLE FOR SOMEONE WITH VISION AND THE DESIRE TO OBTAIN HARD TO FIND LAND, ALMOST 2 ACRES ALL TOGETHER. HOME HAS A NEW ROOF AND UPDATED ELECTRICAL PANEL- PERMITED AND CLOSED.
If you have been seeking that "special" piece of property in OLD ENGLEWOOD - LOOK NO FURTHER. SO MANY POSSIBILITIES HERE. RENT OUT THE EXISTING HOUSE AND BUILD NEW CONSTRUCTION ON THE ADDITIONAL LOT. CREATE YOUR OWN FAMILY ESTATE. ROOM FOR OUTBUILDINGS, HUGE AREA FOR HOME GARDENING OR FOOD FOREST.
LIVE IN THE EXISTING HOUSE UNTIL READY TO BULID THAT CUSTOM HOME!!
THESE PROERTIES ARE LOCATED JUST A FEW MILES TO MANASOTA KEY AND PUBLIC BEACHES. 1. 3 MILES TO EXCITING DEARBORN STREET- WHERE ALL THE ACTION IS WITH WEEKLY (SEASONAL) FARMERS MARKET, CAR SHOWS, LIVE OUTDOOR MUSIC, SEVERAL RESTAURANTS, GREAT SELECTION OF SHOPS FROM CLOTHING TO HOME GOODS, ART GALLERIES, BARS, AND MORE! RIDE, WALK, OR BIKE TO MANY WATERFRONT PARKS. THIS IS A PRIMO LOCATION OFFERING A UNIQUE OPPRTUNITY AND LIFESTYLE. YOU MUST SEE - CALL FOR A PRIVATE SHOWING TODAY!! Flood Quote from Brightway Insurance available ( $1051. 00 - annual policy) Extremely reasonable flood insurance available for this property!!

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 1972
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,872
  • Acreage: 1.3
  • Est. Taxes: $3,755
  • Elem. School: Englewood Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pet Policy: Yes
  • Appliances: Electric Water Heater, Range, Refrigerator
  • MLS#: D6134330
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /prop/D6134330/425morrisonavenue_englewood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/13/2024 1:36:07 AM)

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NMLS Mortgage Loan Originator ID 1500191

617.281.4872

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Our Insurance Division:

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425 Morrison AVENUE, Englewood, FL, 34223

$525,000

Sophie Cobi

Marketing Assistant

William Raveis Real Estate

Phone: 781.888.5649

Sophie.Cobi@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment $313 $313 $313
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,865 $2,830 $3,601
Total Monthly Payment $3,270 $3,235 $4,006

* 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.