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    2504 N Beach Road

    Englewood, FL 34223
    • $3,900,000
    • STATUS: Active
    • ON SITE: 151 days
    • MLS #: C7437591
    UPDATED: 72 min ago
    $3,900,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,515
      SQFT
    • $371
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2007
    County:
    Area:

    School Ratings & Info

    Description

    *UNDER CONTRACT.....CONTRACT CONTINGENT UPON BANKRUPTCY COURT APPROVAL*......GREAT INVESTMENT on the Gulf of Mexico! Turnkey, income-producing, 5 units AND beach house. Private BEACH and STUNNING VIEWS of the Gulf of Mexico. One building has five condo units and the other building is a single family home. Four condo units offer 3 Bedrooms, 2 Bathrooms with private balconies overlooking the beach and the water. Two of the condos are 1808 SF and two of the condos are 1608 SF. There is also a 1492 SF 2 Bedroom, 2 Bathroom two story condo. The second building is a 1728 SF 3 Bedroom, 2.5 Bathroom single family beach house. Building style is modern contemporary. Construction is block and stucco with metal roof. The units were built in 2007 and the SFH was built in 1977. Each unit has two under building parking spaces. Gross income on condos and townhouse: $279,000 per year. Gross income on the beach house is $97,000 per year. Rentals are weekly, monthly and seasonal. A full set of condo documents would convey with the property. Features include: elevator to each unit, impact glass, 10 foot ceilings, central vacuums, fire sprinkler system, separate storage rooms, wood cabinets in kitchen, granite counters, breakfast bar, jetted tub, separate shower and dual sinks in master bathrooms, walk in shower in guest bathroom, crown molding, window treatments, quality furnishings professionally staged, central A/C and heat, intercoms, laundry rooms with stacked washer/dryer, tile flooring. Kitchen appliances include: microwave, range, dishwasher, refrigerator. Excellent income producing rental properties in a premium location!

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-18T22:40:24.88.
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    2504 N Beach Road Englewood, FL 34223

    • Price: $3,900,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: C7437591
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    10,515
    SQFT
    $371
    $/SQFT
    2007
    Built
    Neighborhood:
    Gulfridge 1St Add
    County:
    Charlotte
    Area:
    Englewood
    Property Description
    *UNDER CONTRACT.....CONTRACT CONTINGENT UPON BANKRUPTCY COURT APPROVAL*......GREAT INVESTMENT on the Gulf of Mexico! Turnkey, income-producing, 5 units AND beach house. Private BEACH and STUNNING VIEWS of the Gulf of Mexico. One building has five condo units and the other building is a single family home. Four condo units offer 3 Bedrooms, 2 Bathrooms with private balconies overlooking the beach and the water. Two of the condos are 1808 SF and two of the condos are 1608 SF. There is also a 1492 SF 2 Bedroom, 2 Bathroom two story condo. The second building is a 1728 SF 3 Bedroom, 2.5 Bathroom single family beach house. Building style is modern contemporary. Construction is block and stucco with metal roof. The units were built in 2007 and the SFH was built in 1977. Each unit has two under building parking spaces. Gross income on condos and townhouse: $279,000 per year. Gross income on the beach house is $97,000 per year. Rentals are weekly, monthly and seasonal. A full set of condo documents would convey with the property. Features include: elevator to each unit, impact glass, 10 foot ceilings, central vacuums, fire sprinkler system, separate storage rooms, wood cabinets in kitchen, granite counters, breakfast bar, jetted tub, separate shower and dual sinks in master bathrooms, walk in shower in guest bathroom, crown molding, window treatments, quality furnishings professionally staged, central A/C and heat, intercoms, laundry rooms with stacked washer/dryer, tile flooring. Kitchen appliances include: microwave, range, dishwasher, refrigerator. Excellent income producing rental properties in a premium location!
    Exterior Features

    Attached Garage Yn No Carport Spaces 10 Carport Yn Yes Construction Materials BlockStucco Exterior Features BalconyLightingSliding DoorsStorage Foundation Details Slab Lot Features FloodzoneIn CountyStreet Paved Lot Size Dimensions 50X405 Other Structures Storage Parking Features AssignedCoveredGuestOpenOversizedParking PadUnder Building Patio And Porch Features CoveredDeckPatioPorchScreened Pool Private Yn No Roof MetalShingle View Water Water Access Beach - PrivateGulf/Ocean Water Access Yn Yes Water Body Name Gulf Of Mexico Water Extras Yn No Water Frontage Feet Beach Prvt 50 Water Frontage Feet Gulf Ocean 50 Water View BeachGulf/Ocean - Full Waterfront Features Beach - PrivateGulf/Ocean Waterfront Feet Total 100 Waterfront Yn Yes

    Interior Features

    Additional Rooms Inside UtilityStorage Rooms Appliances DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher Cooling Central Air Fireplace Yn No Flooring CarpetTile Furnished Furnished Heating CentralElectric Interior Features Ceiling Fans(S)Central VaccumCrown MoldingEating Space In KitchenElevatorHigh Ceiling(S)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsStone CountersThermostatWalk-In Closet(S)Window Treatments Laundry Features InsideLaundry Closet Levels Two Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 376000.00 Association Amenities Elevators Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No Community Features Water AccessWaterfront Disaster Mitigation Hurricane Shutters/Windows DPR No Flood Zone Code Ve Garage Yn No Homestead Yn No Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Property Sub Type Multi-Family Realtor Info Confidentiality Letter RequiredNo SignSold As-Is Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Gulfridge Tax Annual Amount 59460.69 Tax Year 2020 Total Num Buildings 2 Utilities Bb/Hs Internet AvailableCable AvailableElectricity ConnectedPublicStreet Lights Yrs Of Owner Prior To Leasing Re No Zoning Mmf7.5


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Re/Max Anchor Of Marina Park.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-18T22:40:24.88.
     
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