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One or more photo(s) has been virtually staged. Opportunity knocks with this nearly new 2023-built duplex, located at 11057 & 11059 Pendleton Avenue—just minutes from Manasota Key and Englewood Beach. Each side offers 2 bedrooms, 2 bathrooms, private laundry, and open living areas, creating an ideal setup for tenants, extended family, or a live-in-one-side, rent-the-other arrangement.
Inside, you’ll find a fresh, contemporary layout with LVT flooring throughout and stylish kitchens with granite countertops, updated cabinetry, and ample storage. Each unit has a private entrance and well-designed floor plan that makes daily living easy and appealing to both long-term and seasonal tenants.
With FHA financing, you can even use the projected rental income from one side to help qualify for your loan—allowing you to live in one side while a tenant helps cover your mortgage.
This property is situated in a neighborhood close to shopping, dining, schools, entertainment, and Southwest Florida’s Gulf Coast beaches—perfect for those seeking convenience and a relaxed coastal lifestyle.
With no HOA fees, modern finishes, and excellent income potential, this duplex is a smart investment in one of Englewood’s growing rental markets. Whether you’re an investor looking to generate reliable cash flow or seeking flexible multi-generational living, this property delivers exceptional value and opportunity.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
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 | $319,920 | $319,920 | $319,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $637 | $637 | $637 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,892 | $1,970 | $2,612 |
| Total Monthly Payment | $2,604 | $2,682 | $3,324 |
* 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.