tomo logo

$300,000

Beds
3
Baths
2.0
sq ft
1,342

8430 Roosevelt St, Englewood, FL 34224

8430 Roosevelt St

ENGLEWOOD, FL 34224

  • 111 days on market
    • Price drop $15,000↓
Versatile Multi-Home Property on Oversized Lot with Exceptional Income Potential – New 2023 Roof, Public Water & Sewer! Discover this rare and versatile property, offering two homes on an expansive lot with endless possibilities. Whether you're seeking an investment opportunity, multi-generational living, or space for creative expansion, this property delivers—all with the convenience of public water and sewer and the added peace of mind of a brand-new 2023 roof on the main house. The main house features 3 bedrooms, 2 full bathrooms, and a large Florida room that’s perfect for relaxation or entertainment. Step outside to enjoy the newly added screened-in and covered lanai, ideal for outdoor living and dining. With a 2-car carport and a new roof, this home is move-in ready, offering both comfort and long-term value. The second house is a cozy 2-bedroom, 1-bath home that provides an excellent opportunity for rental income, extended family living, or a private guest space. The versatility of this property makes it perfect for both investment and multi-generational use. Additionally, the property includes a third building that’s already equipped with electric and plumbing, offering the potential to be transformed into a third home, a workshop, or a creative space of your choosing. With no HOA restrictions, you’ll have the freedom to park your RV, boats, and other recreational vehicles with ease. The oversized lot gives you ample room for outdoor activities and storage, making it a dream property for those who love adventure and the Florida lifestyle. Situated in a quiet, peaceful neighborhood, this property provides the perfect balance between serenity and convenience. You’ll be just minutes away from the beautiful Englewood beaches, with easy access to local parks, outdoor activities, shopping, and dining options. Don’t miss out on this exceptional chance to create your ideal Southwest Florida lifestyle!

Details

Property type

Single Family Residence

Est. home value

$372,824

Lot size

0.49 acres

Price per sq ft

$224

Year built

1960

Annual property taxes

$1,645.77

HOA

No

Price History

01/14/2025
StellarMLS

StellarMLS #N6134762

Price change
$300,000
-4.76%
12/27/2024
StellarMLS

StellarMLS #N6134762

Price change
$315,000
-4.55%
12/05/2024
StellarMLS

StellarMLS #N6134762

Price change
$330,000
-4.35%

Schools & Community

Elementary school: 

Vineland 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

Performance Mortgage Inc

Loan start date

March 2007

Original loan amount

$140,000

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Commercial, 30 year

Seller

Kenneth P Nagorne and Moira J Nagorne

Lender

Suntrust Bank

Loan start date

March 2007

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

6.34%

Loan type

Commercial, 30 year

Seller

Kenneth P Nagorne and Moira J Nagorne

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: 01/23/2025 at 4:05 PM

Listing updated: 01/21/2025 at 4:22 PM

Listed by: Anne Peshka, EXIT KING REALTY Phone #: (941) 497-6060

MLS: StellarMLS #N6134762

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Recently listed in ENGLEWOOD