353 Old Englewood Road, Englewood, FL 34223

$400,000
3
BD
2
BA
1,670
SqFt

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Sold Price
$400,000
List Price
$425,000
Status
Sold
Days on Market
58
Closing Date
Dec 15, 2023
MLS#
A4581760
Property Style
Single Family
Year Built
1973
Bedrooms
3
Bathrooms
2
Living Area
1,670
Lot Size
18,122
Acres
0.42
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Englewood Of
Community Name
Englewood Plat Of
MLS Area Major
Englewood

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.

Additional Information

Taxes
$1640
Minimum Lease
1 Week
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
RSF3
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets
Floor
Ceramic Tile, Hardwood
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected
Heating
Central
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Stucco, Wood Frame
Exterior Features
Balcony, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Roof
Metal, Shingle
Foundation
Slab
Pool
Private
Pool Type
Deck, Gunite, In Ground
Garage Carport
2 Car Carport
Garage Features
Circular Driveway, Covered, Driveway, Golf Cart Parking
Fences
Fenced, Wood
Pets
Allowed
Flood Zone Code
AE
Parcel ID
0497030029
Legal Description
N 1/2 OF LOT 3, LESS W 20 FT THEREOF FOR RD R/W, BLK I, PLAT OF ENGLEWOOD

Listing courtesy of LPT REALTY. 877-366-2213

Selling Office: PARADISE EXCLUSIVE INC.

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