tomo logo

$1,800,000

Beds
3
Baths
4.0
sq ft
3,530

300 North Dr, Englewood, FL 34223

300 North Dr

ENGLEWOOD, FL 34223

  • 32 days on market
    • Price drop $125,000↓
Welcome to 300 N. North Dr., an extraordinary waterfront retreat set on nearly 3/4 acres of land on Lemon Bay in Englewood, FL. With unparalleled access to the bay and an impressive 385 feet of seawall, this property offers sweeping views and the ultimate in coastal living. Experience the beauty of westward-facing sunsets from this private slice of paradise. The residence features 3 bedrooms, 4 bathrooms, and a versatile media/office room, providing plenty of space for both relaxation and productivity. Car enthusiasts will love the two attached garages with space for up to 4 vehicles, while RV owners can take advantage of the 6” deep shelled parking area equipped with 50-amp service and two sewer cleanouts. This home has over $100,000 in solar panels that were NOT damaged in the last storms. They operate the entire home, 4 air conditioning units, hot water heater, pool and they even cool their RV. While the sellers were occupying the home their total electric was $27.00 per month. For those who love life on the water, this property includes a 10,000-pound boat lift, making it effortless to launch your vessel for a day on the Gulf. Unwind in the 15 x 30 heated pool with spa or gather around the cozy granite fire pit for evenings of relaxation and conversation. This property has experienced hurricane damage and is being sold as is, presenting a rare opportunity to reimagine and rebuild this one-of-a-kind estate. Whether you’re looking to restore it to its former glory or create a custom retreat, this unique piece of waterfront paradise is ready to make your vision a reality. This home pre-hurricane was as close to perfect as a home could get! Every detail was thoughtfully designed with high-end materials and quality workmanship. Don’t miss your chance to own a slice of Lemon Bay with unbeatable views and endless potential!

Details

Property type

Single Family Residence

Est. home value

$1,680,746

Lot size

0.69 acres

Price per sq ft

$510

Year built

1959

Annual property taxes

$13,176

HOA

No

Price History

12/18/2024
StellarMLS

StellarMLS #D6139107

Price change
$1,800,000
-6.49%
11/20/2024
StellarMLS

StellarMLS #D6139107

Listed
$1,925,000
-28.7%
10/01/2024
StellarMLS

StellarMLS #C7484671

Removed
$2,699,999

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

$1,369,953
Asking price
$1,800,000
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$286,047
Cash to seller
$1,369,953

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

June 2020

Original loan amount

$345,000

Est. remaining balance

$286,047

Interest rate

3.33%

Loan type

New Conventional, 20 year

Seller

Thomas M Wallace and Deborah M Wallace

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?

Similar Homes Nearby

StellarMLS
$1,900,000
3 bd
|
3 ba
|
1,995 sq ft
|
House

99 Riverview Ave, Englewood, FL 34223

Price drop
StellarMLS
$1,849,000
3 bd
|
2 ba
|
2,195 sq ft
|
House

1380 Aqua View Ln, Englewood, FL 34223

Status: Active

Tomo last checked: 12/22/2024 at 4:55 AM

Listing updated: 12/18/2024 at 4:03 PM

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

MLS: StellarMLS #D6139107

StellarMLS logo

Recently listed in ENGLEWOOD

$489,000|2 bd|2.0 ba|House
$159,900|2 bd|2.0 ba|Manufactured
$695,000|3 bd|2.5 ba|House
$449,000|2 bd|2.0 ba|House
$539,900|3 bd|2.0 ba|House
$590,000|3 bd|2.0 ba|House