|
Presented by
Farmer-Winsch Team *Carol Farmer & Michelle Winsch |
Income-Producing Canal-Front Home Englewood, FL
Welcome to 801 E Fifth Street, Englewood, FL a fully updated canal-front property now operating as a short-term rental with professional management in place. This is a rare opportunity to own a high-elevation coastal asset with direct Gulf boating access and immediate income potential.
NO FLOOD INSURANCE REQUIRED! Set at nearly 11 feet of elevation with no history of flood or wind damage, the home offers peace of mind investors value, paired with lifestyle features guests actively seek. By boat, you’re in the Gulf of Mexico in approximately 25 minutes.
Investment Highlights
Active short-term rental
Professionally managed by Gulf Coast Vacations
Strong guest appeal: pool, boating access, updated interiors
Turn-key option available (furnishings negotiable)
Performa provided by current management company (see attachments)
Property Features
3 bedrooms / 2 bathrooms, fully remodeled
Updated kitchen with granite countertops, custom cabinetry, soft-close drawers, new tile flooring, upgraded electrical
Completely renovated bathrooms with modern finishes
Fresh interior paint with a clean coastal aesthetic
Solid-core interior doors throughout (durability + sound insulation)
Major System & Capital Improvements
A/C & heat pump (2022)
Microwave (2022)
Pool pump (2021)
Dual water heaters (2019 & 2020)
Roof replaced in 2023 with GAF limited lifetime warranty (transferable)
Wind mitigation completed in 2019 (third nail, reinforced garage door, hurricane fabric)
Outdoor & Waterfront Amenities
Pool with newer liner, screens, and solar heating panels
Dock and boat lift installed in 2021
Direct canal access with no fixed bridges
Fireplace updated with new regulator and fire brick
Additional Notes
Furniture and RV available separately
Strong appeal for short-term guests seeking boating, beaches, and privacy
Location
Minutes to Englewood Beach, Dearborn Street, boutique shopping, waterfront dining, and outdoor recreation. This area continues to see strong demand for vacation rentals due to limited waterfront inventory and consistent tourist traffic. Bottom line:
This is not just a coastal home it’s a cash-flow-ready waterfront investment with elevation, boating access, professional management, and documented rental performance.
Performa provided upon request.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$595,000
Sales Associates
William Raveis Real Estate
Phone: 860.798.8987
carol.farmer@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $671 | $671 | $671 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,703 | $2,892 | $3,858 |
| Total Monthly Payment | $3,466 | $3,655 | $4,621 |
* 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.