5055 N Beach ROAD, #106, Englewood, FL, 34223 | $325,000

Discover the epitome of waterfront living with this exceptional bayside property! The location is truly outstanding, offering not only a comfortable residence but also breathtaking views of Lemon Bay that will greet you every day. As you step inside, the beauty of the flooring sets the tone for the entire space.

This property features an open floor plan that effortlessly merges functionality with aesthetics. Abundant windows allow an abundance of natural light to fill the space, creating a warm and inviting ambiance. The well-designed one-bedroom, one-bath layout on the first floor with 657 sq feet ensures easy access to the dock and waterfront, allowing you to fully embrace the coastal lifestyle.

Picture yourself driving home to the soothing sight of Lemon Bay and Gulf Beaches, where each day offers the promise of spectacular sunrises and sunsets along the waterfront. The tranquility of the location is complemented by the impressive pool just steps from your front door. The pool boasts geothermal heating, ensuring year-round enjoyment and relaxation in a resort-like setting.

One of the exceptional features of this property is the absence of rental restrictions, offering you the flexibility to maximize your investment potential. This apartment is currently an active Airbnb listing and is being sold turnkey with minor exclusions, including furnishings and amenities. Few exclusions apply to the sale, ensuring a smooth transition for the new owner.

This property is exceptionally managed, providing a worry-free living experience. Residents can take advantage of active social gatherings throughout the season, fostering a sense of community and camaraderie. Whether you're a fan of world-class fishing, enjoy lounging on pristine beaches, savoring delicious meals at local restaurants, or indulging in a shopping spree, this location offers convenient access to all these amenities.

In summary, this bayside property is more than just a home; it's a lifestyle. Embrace the tranquility, relish the views, and enjoy the array of activities that come with living in this well-managed and beautifully situated residence. It's not just a place to live; it's a haven where every day is infused with the magic of coastal living.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Laundry, Pool, Storage
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Outside
  • Complex: TIKI APTS BLDG 01
  • Year Built: 1971
  • Common Charge: $1,365 Quarterly
  • Approx Sq. Feet: 657
  • Acreage: 0.02
  • Est. Taxes: $4,887
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot
  • Elem. School: Englewood Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4596815
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/A4596815/5055nbeachroad_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 5/16/2024 1:48:38 AM)
Listing courtesy of REAL RE GROUP LLC   Phone: 941-661-5767

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5055 N Beach ROAD, #106, Englewood, FL, 34223

$325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $260,000 $260,000 $260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment $407 $407 $407
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,774 $1,728 $2,193
Total Monthly Payment $2,256 $2,210 $2,675

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.