tomo logo

$1,450,000

Beds
3
Baths
3.0
sq ft
1,414

5030 N Beach Rd Unit 2, Englewood, FL 34223

5030 N Beach Rd Unit 2

ENGLEWOOD, FL 34223

  • 111 days on market
    • Price drop $45,000↓
45k Price Reduction ! Direct Gulf Oceanfront 3 bedroom 3 full bath with unobstructed ocean views in the beautiful quiet town of Manasota Key. . Entire unit has been modernized and redone in last 2 years. 3 new bathrooms with walk in showers. Fireplace walls in living room and master bedroom. Master suite is on top floor with huge balcony over looking the beautiful blue water. New stainless appliances in kitchen, new furniture and flooring throughout. This is used primarily as income generating short term rental with excellent rental history for last 3 years. There are only 3 other units and property owners also own the entire land behind towards the road which is permissible to build more units for added income and value to each owner. Energy efficient tankless hot water heater. All 4 units received brand new metal roofs last year. New rock seawall and ocean front decks. Make money from the short term rental income and or use as vacation or primary home. This gem in the beautiful beachfront gem should not be missed. Short walk or bike ride to the great restaurants

Details

Property type

Condominium

Est. home value

$841,503

Lot size

1.19 acres

Price per sq ft

$1,026

Year built

1978

Annual property taxes

$2,785.69

HOA fee

$1,800

Price History

06/28/2024
StellarMLS

StellarMLS #T3530614

Price change
$1,450,000
-3.01%
05/31/2024
StellarMLS

StellarMLS #T3530614

Price change
$1,495,000
+900%
05/31/2024
StellarMLS

StellarMLS #T3530614

Listed
$149,500
-75.49%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

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

Kattian L Jones Revocable Trust

Loan start date

January 2021

Original loan amount

$360,000

Est. remaining balance

Not provided

Interest rate

2.28%

Loan type

Balloon, 10 year

Seller

Christopher Jordan

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 5:50 PM

Listing updated: 09/04/2024 at 1:15 PM

Listed by: Christopher Jordan, KINGS REALTY & PROPERTY MGMT. Phone #: (813) 651-2340

MLS: StellarMLS #T3530614

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Recently listed in ENGLEWOOD