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$759,000

Beds
3
Baths
2.0
sq ft
976

1100 Gulf Blvd, Englewood, FL 34223

1100 Gulf Blvd

ENGLEWOOD, FL 34223

  • 59 days on market
Welcome to your enchanting beach sanctuary, perfectly nestled on the picturesque Manasota Key! This exquisitely renovated home offers two delightful units: a spacious 2-bedroom, 1-bathroom unit and a cozy 1-bedroom, 1-bathroom unit. Each unit radiates modern comforts, stylish decor, and a warm, inviting ambiance, making it an ideal haven for vacationers or a lucrative investment opportunity. Though currently split into two units, this versatile home can easily be transformed back into a single-family residence to suit your needs. Just a leisurely stroll from the breathtaking Stump Pass Beach, with two additional beach access points nearby, this location is a dream come true. Imagine bike rides to charming local restaurants, boat rentals, shopping, and sun-soaked beaches. The property boasts a stellar rental history, with full bookings throughout the winter season ensuring a reliable income stream. Both units have been lovingly renovated with elegant finishes, modern appliances, and comfortable living spaces. This turnkey treasure comes fully furnished and ready for immediate occupancy or rental. The possibilities here are endless. Stump Pass Beach Park at the southern end of Manasota Key is perfect for hiking, picnicking, and wildlife-sighting explorations. For those seeking expert guidance to uncover hidden wildlife gems, numerous tour companies offer guided paddleboard or kayak excursions, allowing you to explore the vibrant sea floor up close. If your idea of beachside relaxation includes more than just tranquil hikes or leisurely naps on a beach towel, you'll find plenty of activities to keep you entertained. Plus, Stumpy's offers golf cart services to pick you up and take you home, adding to the convenience and charm of this location. If you're looking to embrace the perfect Florida lifestyle, this is your golden opportunity. Whether you seek a delightful vacation retreat or a prime investment property with exceptional rental potential, this Manasota Key home offers it all. Don’t miss your chance to own a slice of paradise in this coveted beach community! Contact us today to schedule a viewing and make this extraordinary property yours!

Details

Property type

Single Family Residence

Est. home value

$750,206

Lot size

5,000 sq ft

Price per sq ft

$778

Year built

1958

Annual property taxes

$5,623.15

Price History

07/22/2024
StellarMLS

StellarMLS #D6137456

Listed
$759,000
+18.22%
09/28/2021
StellarMLS

StellarMLS #A4503995

Sold
$642,000

Schools & Community

Elementary school: 

Englewood Elementary

Middle school: 

L.A. Ainger Middle

High school: 

Lemon Bay High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$217,537
Asking price
$759,000
Closing costs (~8% of asking)
-$60,720
Est. remaining loan balance
-$480,743
Cash to seller
$217,537

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Oaktree Funding Corp

Loan start date

September 2021

Original loan amount

$513,600

Est. remaining balance

$480,743

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Melinda Zobrist

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 12:30 PM

Listing updated: 08/23/2024 at 4:08 PM

Listed by: Bonnie Ibrahim, PARADISE EXCLUSIVE INC Phone #: (941) 698-0303

MLS: StellarMLS #D6137456

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