2985 N BEACH ROAD, #BV-5, Englewood, FL, 34223 | $299,900

Ground-floor 2Bed/2Bath free-standing villa on Manasota Key, located just steps away from the beach, offering a unique opportunity for renovation. This villa has experienced flooding but is now ready for a complete remodel. The spacious layout and proximity to both Lemon Bay and the beach, make it an ideal project for someone looking to restore and transform a piece of paradise into a dream home. Vaulted ceiling and clerestory windows give the unit a bright & airy feel with a sense of openness. Sliders from the bedroom opens to a cozy patio. Park your vehicle in the covered carport area and take the walkway to the front entry. The utility room, located at the rear of the carport, includes washer/dryer hookups and plenty of room for storage. This unique 39-unit gulf to bay enclave offers its residents access to a community heated pool, clubhouse, and approximately 200 feet of frontage on the beach and Gulf of Mexico. Located 1-mile from island restaurants and shopping. Don't miss your chance to bring this villa back to its former glory!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Outside
  • Complex: ADMIRALTY VILLAS
  • Year Built: 1971
  • Approx Sq. Feet: 1,025
  • Acreage: 0.02
  • Est. Taxes: $3,468
  • Condo Fee: $3,188 Quarterly
  • Lot Desc: FloodZone
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: D6141417
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/D6141417/2985nbeachroad_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 4/13/2025 11:17:13 AM)
Listing courtesy of GULF REALTY & ASSOCIATES LLC   Phone: 941-475-1036

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2985 N BEACH ROAD, #BV-5, Englewood, FL, 34223

$299,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $239,920 $239,920 $239,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.173% 7.316% 6.550%
Monthly Tax Payment $289 $289 $289
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,556 $1,616 $2,057
Total Monthly Payment $1,920 $1,980 $2,421

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.