tomo logo

$699,000

Beds
2
Baths
2.0
sq ft
1,049

1760 Gulf Blvd Unit 511, Englewood, FL 34223

1760 Gulf Blvd Unit 511

ENGLEWOOD, FL 34223

  • 3 days on market
El Galeon By The Sea is the Flagship Beachfront Destination, at the El Galeon Resort facility on Manasota Key. It is a Gulf front complex featuring a beautiful sandy beach overlooking the Gulf of Mexico. The complex was affected by last years’ storms, but there was no water inside to the unit interiors. Some landscape restoration projects are still underway and “extra sand” is being moved. The beach is now immense here. Unit 511 directly overlooks the wide, sandy beach on Manasota Key with great sunset views. The complex also has excellent docking facilities right across the road. There are a total of 19 units in this group of 3 buildings that surround the courtyard, with the heated swimming pool. There is plenty of parking. Unit 511 is a 2 Bedroom 2 Bath located on the 2nd floor of the building. It is beautifully furnished and decorated and will be delivered to you 'Turn Key" and move-in ready. The Central Heat and Air system was completely upgraded with a new system in 2022. The complex is very popular with vacation renters. Many advance bookings for the coming seasons come with the property if buyers are interested in renting the unit. It has a solid rental history with income averaging $50,000 a year. The complex does allow for short term, 1 week stays. The unit is currently occupied for Winter Season 2025, and they are booking ahead for this coming Summer Season. Showing appointments are absolutely required and preferred on Saturdays between rental turnovers.

Details

Property type

Condominium

Est. home value

$781,138

Lot size

1.5 acres

Price per sq ft

$667

Year built

1984

Annual property taxes

$10,040

HOA

Yes

Price History

01/19/2025
StellarMLS

StellarMLS #D6140138

Listed
$699,000
-12.08%
10/17/2024
StellarMLS

StellarMLS #D6135956

Removed
$795,000
04/06/2024
StellarMLS

StellarMLS #D6135956

Listed
$795,000

Schools & Community

Elementary school: 

East Elementary

Middle school: 

L.A. Ainger Middle

High school: 

Lemon Bay High

Community features: 

Pool

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

Barnett Bk Sw Fl

Loan start date

May 1993

Original loan amount

$105,600

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Not Provided

Seller

Robert J Taite and Penny A Taite

Lender

Barnett Bk Sw Fl

Loan start date

May 1993

Original loan amount

$105,600

Est. remaining balance

Not provided

Interest rate

7.53%

Loan type

Not Provided

Seller

Robert J Taite and Penny A Taite

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: 01/22/2025 at 5:00 PM

Listing updated: 01/21/2025 at 11:45 AM

Listed by: David Lipstein, MANASOTA KEY REALTY INC Phone #: (941) 474-9534

MLS: StellarMLS #D6140138

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