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Motivated Seller! Less than three miles from the beach, this property is in the X flood zone and offers both a welcoming main home and a detached 320-square-foot efficiency apartment, making it the perfect setup for a family home with added income potential. Live in the main residence and rent out the guest cottage, or keep it for visiting family and friends. Outside you will find low-maintenance xeriscaping, a brand new garage door, and privacy fencing. Step inside the main home where there is easy care tile flooring throughout the main living areas and a kitchen with granite countertops, soft-close wood cabinetry, and plenty of storage. A cozy dinette sits just off the kitchen with sliding glass doors to the screened lanai, letting you open the home and enjoy salty coastal breezes flowing through the home. Both bedrooms have reach-in closets, while the shared bathroom has been updated with a granite vanity and a shower-tub combination. In the single-car garage there is a laundry area and a convenient half bath. The backyard is designed for outdoor living, complete with an oak shade tree, privacy hedge along the lanai, and a paver patio that’s ready for entertaining or quiet evenings outside. The detached efficiency cottage is a wonderful bonus. With tongue-and-groove ceilings that add warmth and character, this open layout combines living, dining, sleeping, and a kitchenette into one versatile space. A walk-in shower and single-sink vanity finish out the bathroom, making it ideal for generating rental income, creating a personal retreat, or accommodating multi-generational living. Located close to everything in Englewood you will be able to easily enjoy the weekly Farmer’s Market on Dearborn, listen to live music at one of the several tiki bars and restaurants after a trip to the beach, take in a ballgame at one of the two major league Spring Training Facilities, visit one of the many nature parks or hike the trails for exercise. No matter what you enjoy, you will find everything within close proximity. Venice Beach and Downtown is less than 15 miles away and Port Charlotte is less than 17 miles away, you will be right in the middle of all the hub and activity of the area, yet enjoy the privacy and small town charm Englewood provides. Here, you’ll enjoy the privacy and small-town charm of Englewood with the convenience of nearby cities and attractions. This home with a guest cottage located at 25 1st Avenue truly combines lifestyle and opportunity. Schedule your showing today and see for yourself everything it has to offer.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $271,200 | $271,200 | $271,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $134 | $134 | $134 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,561 | $1,624 | $2,162 |
| Total Monthly Payment | $1,770 | $1,833 | $2,371 |
* 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.