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Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,670 sqft
Price per Sqft $239
Subdivision Englewood Of
MLS Listing ID A4581760
Sold Date 12/15/23
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $1,640
Lot Size 0.420 Acres
Acres 0.42
Property Description
Great Investment Opportunity. High Cap Rate. Rent both units or occupy lower and rent the upper. Very close to Lemon Bay and Manasota Key Beaches.
Main Floor : 2 Bed 1 Bath unit Upstairs Apartment 1 Bed 1 Bath. Shared Pool and Yard with extra driveway and circle drive. Carport.
Nestled on a sprawling half-acre lot, this remarkable property offers a unique blend of comfort, versatility, and income potential. With a meticulously updated interior, new hurricane windows in 2022, a variety of living spaces, and a private pool, this home presents an enticing opportunity for both modern living and financial gain.
Main House: Upon entering the main house, you'll immediately appreciate the attention to detail in the upgraded kitchen and bathrooms. The kitchen boasts modern fixtures, and ample counter space, making it a culinary haven for any chef. The bathrooms have been tastefully transformed with contemporary finishes and fixtures, creating spa-like retreats.
The main floor encompasses three spacious bedrooms, each filled with natural light and providing a serene escape. The open-concept living area seamlessly connects the kitchen, dining, and living spaces, promoting a warm and inviting atmosphere for gatherings.
Lower Level: The lower level of the property offers an expansive 1,000 square feet of living space, including two generously sized bedrooms and a well-appointed bathroom. This self-contained unit presents an excellent opportunity for a rental income stream or for accommodating extended family members. The thoughtful design ensures privacy and comfort for all occupants.
Upstairs Apartment: Ascending to the upper level, you'll discover a charming one-bedroom apartment complete with a cozy living area and a well-equipped kitchen. Ideal for generating additional rental income or serving as an in-law suite, this space offers autonomy and convenience.
Outdoor Oasis: A private sun porch provides the perfect setting for relaxation, offering tranquil views of the lush surroundings. The outdoor experience is enhanced by the expansive yard, featuring a shimmering pool that beckons for refreshing swims on warm days. The sprawling half-acre lot grants ample space for outdoor activities, gardening, and entertaining.
Income Generation Potential: This property's unique layout, featuring both a lower-level unit and an independent apartment, presents a prime opportunity for income generation. Whether you're interested in supplementing your income through rentals or hosting extended family comfortably, this property offers flexibility to suit your needs.
In summary, this meticulously maintained 3-bedroom home boasts updated living spaces, a self-contained lower level unit, an independent upstairs apartment, a private sun porch, and a pool, all set on a sprawling half-acre lot. With its blend of comfort and income potential, this property invites you to experience a lifestyle of modern convenience and financial opportunity.
Location
State FL
County Sarasota
Community Englewood Of
Zoning RSF3
Rooms
Other Rooms Florida Room, Interior In-Law Suite w/Private Entry
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets
Heating Central
Cooling Central Air, Mini-Split Unit(s)
Flooring Ceramic Tile, Hardwood
Fireplace false
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry Outside
Exterior
Exterior Feature Balcony, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Parking Features Circular Driveway, Covered, Driveway, Golf Cart Parking
Fence Fenced, Wood
Pool Deck, Gunite, In Ground
Utilities Available Cable Connected, Electricity Connected
Roof Type Metal,Shingle
Attached Garage false
Garage false
Private Pool Yes
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with PARADISE EXCLUSIVE INC