Residential Property - Condominium in Englewood
Listing Price: $699,000Cumulative Days on Market: 133
Description of Property
El Galeon By The Sea is the Flagship Beachfront Destination, at the El Galeon Resort facility on Manasota Key. It is a Gulf front complex featuring a beautiful sandy beach overlooking the Gulf of Mexico. The complex was affected by last years’ storms, but there was no water inside to the unit interiors. Some landscape restoration projects are still underway and “extra sand” is being moved. The beach is now immense here. Unit 511 directly overlooks the wide, sandy beach on Manasota Key with great sunset views. The complex also has excellent docking facilities right across the road. There are a total of 19 units in this group of 3 buildings that surround the courtyard, with the heated swimming pool. There is plenty of parking. Unit 511 is a 2 Bedroom 2 Bath located on the 2nd floor of the building. It is beautifully furnished and decorated and will be delivered to you 'Turn Key" and move-in ready. The Central Heat and Air system was completely upgraded with a new system in 2022. The complex is very popular with vacation renters. Many advance bookings for the coming seasons come with the property if buyers are interested in renting the unit. It has a solid rental history with income averaging $50,000+ a year. In 2024 it grossed $54,725. The complex does allow for short term, 1 week stays. The unit is currently occupied for Winter Season 2025, and they are booking ahead for this coming Summer Season. Showing appointments are absolutely required and preferred on Saturdays between rental turnovers.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Englewood
County: Charlotte
Subdivision: El Galeon By Sea
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,049
Sq. Ft. Living Area: 1,049
Cost per (heated) sqare foot: $666
Year built: 1984
Annual Tax: $9,438
Condo Fee: $3,624 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
- Water
Appliances: Washer
Window Features: Window Treatments
Flooring: Ceramic Tile
Schools
Elementary School: East Elementary
Middle/Junior High School: L.A. Ainger Middle
High School: Lemon Bay High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Outside Bath Access
Water Front: Yes
Water Frontage: Beach
Water Access: Yes
Water Access Type: Intracoastal Waterway
Water Name: GULF OF MEXICO & LEMON BAY
Exterior & Construction
Architectural Style: Mediterranean
Construction: Concrete
Foundation: Stilt/On Piling
Roof: Tile
Exterior Features: Sliding Doors
Parking Features: Off Street
Floors Total: 2
Floors in Unit: Two
Cooling: Humidity Control
Heating & Fuel: Heat Pump
Electric:
Patio & Porch Features: Rear Porch
Security Features: Security Lights
Other Structures: Other
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Association Amenities: Storage
Lot Information
Lot Features: Landscaped
Lot Size (acres): 1.5
Lot Size (sq. ft.): 65,340 square feet
Road Frontage: Street Paved
Front Exposure: East
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 411912807010
Zoning: MMF12
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: ETS 000 0000 0511 EL GALEON BY THE SEA UN 511 870/2146 948/1476 AFF1281/2006 1281/2008 1281/2009 1642/1887 L/E3373/983
Section: 12
Range: 19E
Listing courtesy of MANASOTA KEY REALTY INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
While most people would like to talk about themselves, Gary and Gail have always put their clients first, and their diverse backgrounds have provided their clients an unparalleled level of service and knowledge throughout the past years.