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Two Homes in Old Englewood: A Florida Paradise Awaits! Discover classic Florida charm at its finest with this well-loved property, ideally located just minutes from the vibrant Dearborn Street and beautiful Manasota Key! Pride of ownership shines through in the main house, which features 2 bedrooms and 2 baths, fully updated with tile flooring throughout. The spacious kitchen and abundant closet space make this home truly inviting. A versatile flex room adds more functionality, perfect as an office or guest room. Step outside to enjoy the beautiful garden, where blooming plumeria fill the air with their delightful fragrance—an enchanting reminder of the paradise you call home! Nestled at the back of the property is a charming cottage with 2 bedrooms and 1 bath. As you enter, you'll be captivated by the stunning pine ceilings that evoke a cozy beach vibe that carries through the cottage! The kitchen is open concept with tasteful solid wood cabinetry, tiled counters and newer appliances. The soothing wall color and tile flooring provide a fresh and inviting atmosphere. After a day of beachcombing for seashells, unwind in this delightful retreat. The cottage also features a privacy fence, a carport, and a covered outdoor area currently adorned with lounge furniture—perfect for savoring your morning coffee. Both homes are offered turn-key furnished, making it easy to move right in. The HVAC units and roofs for both properties were updated in recent years. This unique property is perfect for a multigenerational family or as an investment opportunity with excellent vacation rental potential. Being sold "AS IS, " this gem won’t last long! Call today for your private showing and embrace the incredible lifestyle of this property!
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William Raveis Mortgage, LLC
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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 | $398,000 | $398,000 | $398,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $461 | $461 | $461 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,384 | $2,483 | $3,250 |
| Total Monthly Payment | $2,920 | $3,019 | $3,786 |
* 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.