tomo logo

$795,000

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

  • 167 days on market
El Galeon By The Sea is the flagship Beachfront Destination at the El Galeon Resort facility. It is a Gulf front complex featuring a beautiful sandy beach overlooking the Gulf of Mexico. Unit 511 directly overlooks the wide, sandy beach on Manasota Key. 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 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 per year. The complex does allow for short term, 1 week stays. The unit is almost completely occupied throughout this coming 2024 summer, 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

$758

Year built

1984

Annual property taxes

$9,356.62

Monthly HOA fee

$900

Price History

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?

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Status: Active

Tomo last checked: 09/19/2024 at 8:55 PM

Listing updated: 07/16/2024 at 2:09 PM

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

MLS: StellarMLS #D6135956

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Recently listed in ENGLEWOOD