Residential Property - Single Family Residence in Englewood
Listing Price: $1,300,000
Description of Property
Exceptional Open-Use Estate on 4.74 Acres – 3 Dwellings, Income Potential & Old Florida Charm galore! Welcome to this sprawling 4.74-acre estate, offering endless possibilities with 3 distinct dwellings, located just minutes from the area's pristine beaches. Zoned for open use, this property is a rare find that combines income-generating potential with the beauty and tranquility of Old Florida charm. The main residence is a spacious 11-bedroom, 4.5-bath home that provides ample room for large families, group retreats, or multi-generational living. The detached studio offers 1 bedroom and 1 bathroom, perfect for guests or additional rental income. Tucked at the back of the parcel, you'll find a cozy 3-bedroom, 2-bath single-family home with a 2 car garage + RV or Boat parking, providing even more flexibility for living arrangements or additional rental opportunities. Recent updates include NEW METAL ROOFS on all 3 dwellings, ensuring durability and low maintenance for years to come. Whether you're looking to invest, live in one and rent out the others, or transform the property into something special, the options are endless. Situated in an X-rated flood zone, this land is not only safe but incredibly versatile. Bring your imagination and let this expansive property become whatever you envision, all while enjoying the lush landscape that captures the essence of Old Florida. Currently, all 3 dwellings have tenants in place, allowing you to start collecting income immediately. With its prime location, open-use zoning, and abundant space, this property offers a unique opportunity that is truly one-of-a-kind. Don’t miss out on this magnificent estate – schedule your showing today!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Englewood
County: Sarasota
Subdivision: Gulf Coast Groves Sub
Bedrooms: 15
Bathrooms: 5
Half Baths: 1
Sq. Ft. Gross: 7,734
Sq. Ft. Living Area: 6,901
Cost per (heated) sqare foot: $188
Year built: 1962
Annual Tax: $10,032
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Additional Rooms: Interior In-Law Suite w/Private Entry
Flooring: Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Metal
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Carport: Yes
Carport Spaces: 2
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Rear Porch
Security Features: Security System Owned
Other Structures: Storage
View: Trees/Woods
Fencing:
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Features: Cleared
Lot Size (acres): 4.74
Lot Size (sq. ft.): 206,580 square feet
Front Exposure: West
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 0480050007
Zoning: OUE1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: W 1/2 OF LOTS 19 & 20 BLK A LESS R/W FOR STATE RD 776 PART OF SAID R/W DESC IN OR 2700/1827 CONTAINING 4.7 C-AC M/L GULF COAST GROVES
Section: 11
Range: 19E
Listing courtesy of COLDWELL BANKER REALTY. 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.
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