tomo logo

$2,500,000

Beds
3
Baths
3.0
sq ft
2,822

1690 Bayshore Dr, Englewood, FL 34223

1690 Bayshore Dr

ENGLEWOOD, FL 34223

  • 33 days on market
    • Price drop $150,000↓
Stunning 240 foot bayfront, secluded and private 2.4 acre tropical oasis surrounding a completely remodeled coastal-style upscale home with over 2800 sq. ft. of freshly painted beautiful living area, an expansive lanai with heated pool, new appliances, separate grill area, and a 1800 sq. ft. separate newer structure (2019) located a few hundred yards from the main home including game room and garage/boat storage, outdoor fireplace to enjoy under the stars, and picturesque views of Lemon Bay and the Intercostal waterways. This one-of-a-kind unique position of the property provides the longest views out onto Lemon Bay. The beautiful entry way into this cottage-styled home opens to a 20-foot soaring vaulted ceiling with wood beam details, large fans and trending porcelain tile floors. Natural light pours in through the home’s many windows and slider doors lifting your spirits as you take in the expansive and full views of the beautiful shimmering bay ocean. A custom kitchen is beyond with an expansive island lit up by glass chandeliers and LED lighting, beautiful abstract granite counters and backsplash, and new upgraded stainless steel GE profile appliances. Immediately adjacent in the kitchen is a wet bar outfitted with a bar refrigerator, wine fridge and ample glassware storage. Down the immediate hall are two bedrooms and full guest bathroom with one guest room outfitted for double bed and the expansive master suite at the end of the hallway featuring separate his & hers walk-in closets and a stone clad walled walk-in shower. At the other side of the home is a 3rd master sized bedroom with expansive view of the ocean waters and en-suite bathroom and walk-in closet. An additional bonus Room is located towards the rear of the home with a secluded office, play room, sitting, or 4th bedroom. The outdoor lanai and pool area feature TV, dining, ample recreational seating, a tranquil setting with magnificent sunset views. The property has well over 50 LED VOLT night lights scattered throughout the landscape and beautiful at night, a separate fenced-in dog run, and a rare to find stand-alone 100-foot reinforced cement driveway that supports RV camping vehicles with a 50 AMP hookup as well as a septic dumping connection. This beautiful expansive private property allows for a family inhabited home or a hybrid part-time living combined with other leasing and wedding business opportunities to generate significant income. The home can be turnkey and ready to go with either option. Proven Airbnb and private client wedding income opportunities. Separate business plans for both are available. This unique location is within biking or a 5-minute car ride to the Manasota County Beach, public boat ramp ¼ mile away, fishing docks, schools, shopping, public parks and picnic areas. It’s simply a one-of-a-kind property that is ready -to-move-in and the most tranquil setting for family and friends.

Details

Property type

Single Family Residence

Est. home value

$1,865,484

Lot size

2.46 acres

Price per sq ft

$886

Year built

1958

Annual property taxes

$18,371

HOA

No

Price History

04/03/2025
StellarMLS

StellarMLS #O6285841

Price change
$2,500,000
-5.66%
03/21/2025
StellarMLS

StellarMLS #O6285841

Price change
$2,650,000
-8.62%
03/01/2025
StellarMLS

StellarMLS #O6285841

Listed
$2,900,000
+90.16%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

$1,700,414
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$599,586
Cash to seller
$1,700,414

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

August 2021

Original loan amount

$650,000

Est. remaining balance

$599,586

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Michael Morrison and Rebeca Morrison Espinoza

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: 04/04/2025 at 8:10 AM

Listing updated: 04/03/2025 at 12:31 PM

Listed by: Steven Koleno, BEYCOME OF FLORIDA LLC Phone #: (804) 656-5007

MLS: StellarMLS #O6285841

StellarMLS logo

Recently listed in ENGLEWOOD