tomo logo

$700,000

Beds
3
Baths
2.0
sq ft
1,896

120 Stanford Dr, Englewood, FL 34223

120 Stanford Dr

ENGLEWOOD, FL 34223

  • 2 days on market
This hurricane-distressed home on coveted Manasota Key has been completely mitigated and gutted, offering a blank slate for your dream coastal retreat or next investment project. Restore it to its pre-hurricane footprint or start fresh with a new custom-built home—the possibilities are limitless! Situated in a prime location, this property has two deep-water boat docks offering easy access to the Intracoastal Waterway and the Gulf of Mexico with no bridges—a boater’s dream! Whether you're an investor, builder, or visionary homeowner, this is your chance to own a slice of paradise and create something truly special.

Details

Property type

Single Family Residence

Est. home value

$930,261

Property condition

Fixer

Lot size

8,074 sq ft

Price per sq ft

$370

Year built

1974

Annual property taxes

$9,997.25

HOA

No

Price History

02/20/2025
StellarMLS

StellarMLS #D6140868

Listed
$700,000
01/02/2025
StellarMLS

StellarMLS #D6139781

Removed
$700,000
12/31/2024
StellarMLS

StellarMLS #D6139781

Pending
$700,000
-26.32%

Schools & Community

Elementary school: 

Englewood Elementary

Middle school: 

L.A. Ainger Middle

High school: 

Lemon Bay High

Seller’s Loan History

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

Lender

First Horizon Bank

Loan start date

January 2023

Original loan amount

$650,000

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Credit Line (Revolving), 30 year

Seller

Kathi A Obendorfer

Lender

Guaranteed Rate Inc

Loan start date

September 2016

Original loan amount

$240,000

Est. remaining balance

$118,970

Interest rate

2.76%

Loan type

New Conventional, 15 year

Seller

Michael K Obendorfer and Kathi A Obendorfer

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?

Status: Active

Tomo last checked: 02/23/2025 at 7:40 AM

Listing updated: 02/21/2025 at 6:52 AM

Listed by: Kathi Obendorfer, PA, RE/MAX PALM REALTY OF VENICE Phone #: (941) 208-5246

MLS: StellarMLS #D6140868

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