|
Lakefront Home with Exceptional Potential in Englewood Isles! Welcome to this canal front home located in the desirable boating community of Englewood Isles, offering classic Florida living and outstanding potential. This three-bedroom, two-bath, single-story residence is perfectly positioned on a tranquil canal, providing scenic water views and a peaceful setting. The property features a circular driveway, mature palm trees, and a two-car garage. While the landscaping and some cosmetic areas are ready for updating, this home presents a fantastic opportunity for buyers looking to add value and customize to their taste. The roof and A/C may need replacement, and the home will benefit from handyman work, making it ideal for investors, renovators, or homeowners with vision. Inside, the open great room and dining area flow seamlessly into the Florida room, creating a bright, flexible living space ideal for both everyday living and entertaining. Ceramic tile flooring runs throughout the main living areas for durability and easy maintenance. Sliding glass doors in the Florida room open to the lanai, offering abundant natural light and a seamless indoor-outdoor connection. The Florida room offers great additional living space, though some of the floor tiles are in need of replacement and the lanai needs new screens. The galley-style kitchen is designed for efficiency and functionality, featuring raised-panel wood cabinetry (some with pull-out shelving), generous Corian countertop space, a breakfast bar, recessed lighting, and a skylight that fills the space with natural light. Appliances include a smooth-top cooktop, wall oven/microwave, dishwasher, and refrigerator, complemented by a decorative tile backsplash. The kitchen opens conveniently to the living and dining areas, ideal for everyday living and entertaining. The primary bedroom includes a private full bath, a large walk-in closet, and a comfortable sitting area. Two additional bedrooms provide flexible space for guests, hobbies, or a home office. One bedroom—currently used as a family room—features sliding glass doors opening directly to the lanai, further enhancing the indoor-outdoor lifestyle. The guest bath offers a walk-in shower. The laundry room, located just off the kitchen, includes added cabinetry for storage, a utility sink, and a full-size washer and dryer. Englewood Isles is a waterfront community on Forked Creek, offering access to the Intracoastal Waterway with no bridges via the private marina, available exclusively for residents to rent or purchase. Enjoy close proximity to Manasota Key beaches, along with shopping, dining, medical facilities, and convenient access to area airports. A true opportunity to renovate and create your ideal waterfront retreat in one of Englewood’s most sought-after boating communities.
**PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING**
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 Insurance Division:
$299,900
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $239,920 | $239,920 | $239,920 |
| 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 | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $388 | $388 | $388 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,419 | $1,477 | $1,959 |
| Total Monthly Payment | $1,882 | $1,940 | $2,422 |
* 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.