6118 Gnarled Oak DRIVE, Englewood, FL, 34223 | $11,500

Welcome to private island living at its finest. This direct beachfront home sits on over 100 ft. of Gulf Front beach which happens to be one of the widest parts of Manasota Key where you can walk for miles in either direction. Designed as a two-unit home with separate entrances, where you can live in one unit and rent the other for income or enjoy as a multi-generational beach house. Having 6 bedrooms and 5 full bathrooms there is plenty of space for everyone.   The downstairs has 2 bedrooms/2 full bathrooms with a full kitchen, dining room, living room and screened in patio overlooking the Gulf of Mexico and white sandy beach. Upstairs has 4 bedrooms and 3 full bathrooms with a kitchen area, living room and balcony that has spectacular sunset views. A walking deck bridge complete with a table and grilling area leads you to the white powdered sands for you and your family to enjoy! The neighborhood itself is tucked away in private Gnarled Oak Estates which is one of the only locations on the island that is not on the main road.   This property is located on the private Sarasota part of the island yet is a very easy walk/bike/ or drive to all of the restaurants/bars and action on the Charlotte County side of the island. Location is within 15 minutes of all major retail and restaurants off of the island. Major airports are all located within an hour of the home. With this home you can live in tranquility and privacy on Manasota Key and still be close to everything you could ever need. Come enjoy life with a private beachfront property to experience the true meaning of tropical island life! $11, 500 is for a 6 + month lease term. If rented for less than 6 months: December through April- Monthly Rent is $25, 00. May through November-Monthly rent is $17, 500.

Features

  • Type: Single Family Residence
  • Rooms: 3
  • Bedrooms: 6
  • Baths: 5 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1968
  • Garage: 1-car Driveway, Garage Door Opener, Ground Level
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,560
  • Acreage: 0.39
  • View: Trees/Woods, Water
  • Elem. School: Englewood Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Pet Policy: Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4583280
  • Days on Market: 102 days
  • Website: https://www.raveis.com
    /prop/A4583280/6118gnarledoakdrive_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 11/22/2024 2:02:29 PM)
Listing courtesy of KELLER WILLIAMS ON THE WATER S   Phone: 941-803-7522

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NMLS Mortgage Loan Originator ID 16953

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6118 Gnarled Oak DRIVE, Englewood, FL, 34223

$11,500

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 $9,200 $9,200 $9,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $61 $61 $79
Total Monthly Payment $136 $136 $154

* 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.