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Investor Opportunity with Gulf Access | 229 Stratford Road, Englewood, FL
Discover the potential of this spacious 2-bedroom, 2-bath pool home located on a double lot with direct saltwater canal access to the Gulf of Mexico. Situated in a desirable Englewood neighborhood, this property offers over 2, 200 square feet of living space, ready to be reimagined and brought back to its full potential.
Following the 2024 storm event, flood remediation was completed, providing a clean slate for renovation. The kitchen, bathrooms, and laundry area have been removed, allowing the next owner to design and finish the interiors to today’s style and standards.
Key structural and mechanical upgrades include a 2020 roof, 2022 A/C, and four 120-gallon propane tanks already installed on the property—excellent assets for future system design and efficiency.
The layout includes multiple entertaining areas—living room, family room, and Florida room—with a screened lanai overlooking the sparkling pool and peaceful canal views. The large fenced double lot offers ample space for parking, boat storage, or future enhancements.
Boaters will love the Gulf access via Gottfried Creek, while investors will appreciate the opportunity to restore, rent, or resell in a sought-after coastal location just minutes to Englewood Beach, local dining, and shopping.
Highlights: 2 bedrooms | 2 baths | carport, Over 2, 200 sq. ft. under air. Saltwater canal with Gulf access. Roof (2020) | A/C (2022). Four 120-gallon propane tanks. Pool and screened lanai with water views. Double lot—room for toys, garden, or expansion. Remediation completed and ready for remodel. An exceptional investment opportunity in Englewood—ready for your vision.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
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 | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.396% |
| Monthly Tax Payment | $446 | $446 | $446 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,267 | $2,391 | $3,183 |
| Total Monthly Payment | $2,788 | $2,912 | $3,704 |
* 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.