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$495,000

Beds
2
Baths
1.0
sq ft
900

415 Yale St, Englewood, FL 34223

415 Yale St

ENGLEWOOD, FL 34223

  • 430 days on market
    • Price drop $30,000↓
FAMILY COMPOUND - TWO CHARMING FLORIDA COTTAGES ADJACENT TO EACH OTHER - LISTED AT $495,000 EACH. SELLERS PREFER TO SELL AS A PACKAGE DEAL, AS THIS WOULD BE THE HIGHEST AND BEST USE FOR YOUR INVESTMENT AND ALLOW THESE PROPERTIES TO CONTINUE TO COMPLIMENT EACH OTHER. (D6132845 & D6132844) Lovingly updated with major improvements. These sellers want to offer a savvy buyer the same unique opportunity to purchase, as they did to take advantage of this unique location and zoning use. Both houses have had substantial updating. These properties are in the RCTOD - RESIDENTIONAL COMMERCIAL TRANSITION OVERLAY DISTRIC. This specialized zoning creates unique mixed-use opportunities for this location! *RCTOD provisions govern over the Unified Development Code. Galleries, Bed & Breakfast, Working Studios, and Offices are some of the many utilizations allowed here. Each home offers something a little different, hence the combination of the two properties secures the utmost creative usage. These properties are located in the Old Englewood Village neighborhood, just blocks from the Dearborn Street Downtown Business District with a wonderful selection of Specialty Stores, Inside and Outside Dining, Live Music Venues, Monthly Car Shows, Seasonal Weekly Farmers Market, Elsie Quirk Library, and Lemon Bay Playhouse are some of the anchors for this lively and quaint downtown area. There are three Sarasota County Parks within a mile. LEMON BAY PARK & ENVIRONMENTAL CENTER offering hiking trails, butterfly gardens, birdwatching, fishing and a kayak & Canoe launch. CHEROKEE STREET PARK offering transient docking, fishing pier, grills and shelter. INDIAN MOUND PARK offers picnic sites, grills, shelter, fishing, and a PUBLIC BOAT RAMP giving direct access to LEMON BAY and out to the GULF OF MEXICO. Revisualization and creating a "sense of place" in the downtown area of Old Englewood is offered here! New projects in the area are sure to transform and enhance the bright future of this neighborhood. Be part of the upward trend and budding possibilities. These properties can bring you INSTANT INCOME - FULLY FURNISHED AND READY TO GO! No current leases hindering rental rates or a quick closing! NOT IN A FLOOD ZONE. CALL FOR FURTHER DETAILS AND TO SCHEDULE A TOUR OF THESE DELIGHTFUL PROPERTIES.

Details

Property type

Single Family Residence

Est. home value

$292,631

Lot size

7,667 sq ft

Price per sq ft

$550

Year built

1953

Annual property taxes

$2,289

HOA

No

Price History

11/27/2024
StellarMLS

StellarMLS #D6132844

Price change
$495,000
-5.71%
08/19/2024
StellarMLS

StellarMLS #D6132844

Listed
$525,000
08/06/2024
StellarMLS

StellarMLS #D6132844

Removed
$525,000

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

Suntrust Mortgage Inc

Loan start date

April 2003

Original loan amount

$72,000

Est. remaining balance

Not provided

Interest rate

5.79%

Loan type

New Conventional

Seller

Robert A Parsons

Lender

Suntrust Bank

Loan start date

March 2002

Original loan amount

$53,000

Est. remaining balance

Not provided

Interest rate

6.88%

Loan type

Credit Line (Revolving)

Seller

Robert A Parsons

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: 12/23/2024 at 1:20 PM

Listing updated: 11/27/2024 at 5:11 AM

Listed by: Judy Canero, LASBURY-TRACY REALTY INC. Phone #: (941) 474-5585

MLS: StellarMLS #D6132844

StellarMLS logo

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