741 W PERRY STREET, Englewood, FL, 34223 | $620,000

Attention a boater’s dream. Opportunity awaits with this amazing waterfront property! This is a rare opportunity to transform a solidly built fixer-upper into your personalized paradise. It was a lovely example of coastal casual living with fantastic boat access to Lemon Bay and the Gulf of Mexico. Then Helene and Milton came to town. Mitigation has been completed. Now it’s your chance to live the boating lifestyle you have always dreamed of. This home offers its new owners the chance to earn some major sweat equity by managing the repairs and putting the finishing touches on your new place in the sun. Flood Insurance is transferable.
The home is on a parcel of land with no fixed bridge access to the Intracoastal Waterway. Featuring a screen enclosure 35x39 with a saltwater pool that is 15x30 with expansive outdoor living areas, perfect for entertaining or relaxing while enjoying the serene waterfront setting. A versatile floor plan with great bones. It’s a property that invites your imagination to take the reins. Whether you choose to remodel the current structure or start fresh with a new build, this location offers endless possibilities. Located in Englewood's Arts and Overlay District, just down the road and around the corner to Historic Dearborn Street. You’re a short distance to charming coffee shops, parks, playground, elementary school, playhouse, library, lively restaurants with live jazz, a weekly Farmer's Market, monthly car shows, festive holiday events, boat parades, and much more. This prime location offers the perfect blend of waterfront living and vibrant local culture. Don’t miss out on this incredible opportunity to own a piece of paradise.

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 90 x 120
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
  • Year Built: 1971
  • Garage: 1-car Boat, Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Oversized, RV Parking
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,119
  • Acreage: 0.25
  • Lot Size: 90 x 120
  • Est. Taxes: $4,113
  • Lot Desc: FloodZone, In County, Unincorporated
  • View: Pool, Water
  • Elem. School: Englewood Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pool: Gunite, In Ground, Lap, Salt Water, Screen Enclosure, Solar Heat, Solar Power Pump
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: None
  • MLS#: D6141455
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/D6141455/741wperrystreet_englewood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/8/2025 4:17:35 AM)

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NMLS Mortgage Loan Originator ID 6314

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741 W PERRY STREET, Englewood, FL, 34223

$620,000

Betsy Wilson

Sales Associate

William Raveis Real Estate

Phone: 508.730.7317

Betsy.Wilson@raveis.com

Bob Flynn

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.944.8218

Bob.Flynn@raveis.com

NMLS Mortgage Loan Originator ID 6314

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $496,000 $496,000 $496,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.695% 6.810% 6.026%
Monthly Tax Payment $343 $343 $343
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,855 $3,176 $4,119
Total Monthly Payment $3,290 $3,611 $4,554

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.