5041 N Beach Road Unit 1A and 1B, Englewood, FL 34223

$620,000
4
BD
2
BA
1,536
SqFt

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Sold Price
$620,000
List Price
$650,000
Status
Sold
Days on Market
318
Closing Date
Feb 27, 2026
MLS#
D6141045
Property Style
Condo
Year Built
1981
Bedrooms
4
Bathrooms
2
Living Area
1,536
Lot Size
886
Acres
0.02
Building Name
Palm Bay
Monthly Condo Fee
350
Legal Subdivision Name
Palm Bay
Community Name
Palm Bay
MLS Area Major
Englewood

Property Description

FABULOUS WATERFRONT VIEWS DIRECTLY ON LEMON BAY AND DEEDED BEACH ACCESS!! If you are a buyer searching for the ideal remedy for the winter blues or an investor seeking an income-producing property, look no further. TWO income-producing units with a strong rental history and direct access to Lemon Bay and its breathtaking sunrises are now available for the price of ONE. Upstairs, you will find Unit 1-A, a 2-bedroom, 1-bath, light-filled END UNIT with picturesque views of Lemon Bay. Unit 1-B is on the first floor, just below, and offers two bedrooms and one bath. Both units provide extensively updated interiors, including kitchens and baths, new coastal furnishings and decor, updated flooring, impact windows and sliders, and washers/dryers. Both units are sold turnkey furnished and are rent-ready immediately. Palm Bay is a charming 10-unit complex located within one mile, as the seagull flies, of Englewood Beach, with deeded beach access within a short walk across the street. All units showcase spectacular sunrise views over Lemon Bay, and a short walk to the beach allows one to enjoy panoramic sunset views. Shopping, restaurants, and boat rentals are readily available nearby. PLEASE NOTE: In addition to Units 1/A-1/B, Units 2/A-2/B (MLS# D6142352), 3/A-3/B (MLS# D6141044), and 4/A-4/B (MLS # D6141049) are available for purchase, creating the opportunity to attain 4/5 majority ownership (8 of 10 units) in the complex. Call today to schedule a private showing, and be prepared to be captivated-- your truly sensational, laid-back 'Old Florida' waterfront lifestyle and your investment opportunity await.

Additional Information

Taxes
$5464
Minimum Lease
No Minimum
Maintenance Includes
Insurance
Condo Fees
$1050
Condo Fees Term
Quarterly
Community Features
Community Mailbox, No Deed Restriction
Property Description
One Story
Zoning
MMF10
Interior Layout
Ceiling Fans(s), Kitchen/Family Room Combo
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo
Floor
Ceramic Tile, Concrete, Luxury Vinyl
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block, Frame
Exterior Features
Private Mailbox, Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
No Pool
Water Name
Lemon Bay
Water View
Bay/Harbor - Full
Water Access
Bay/Harbor
Water Frontage
Bay/Harbor
Pets
Allowed
Max Pet Weight
101
Floor Number
1
Flood Zone Code
AE
Parcel ID
411902634001
Legal Description
PBC 000 0000 0001 PALM BAY UN 1 701/923 741/815 CT1161/1257 1176/636 1496/411 4795/1572

Listing courtesy of PARADISE EXCLUSIVE INC. 941-698-0303

Selling Office: ERA ADVANTAGE REALTY, INC..

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