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1760 Gulf BOULEVARD, #511, Englewood, FL, 34223 | $795,000
El Galeon By The Sea is the flagship Beachfront Destination at the El Galeon Resort facility. It is a Gulf front complex featuring a beautiful sandy beach overlooking the Gulf of Mexico. Unit 511 directly overlooks the wide, sandy beach on Manasota Key. The complex also has excellent docking facilities right across the road. There are a total of 19 units in this group of 3 buildings that surround the courtyard heated swimming pool. There is plenty of parking. Unit 511 is a 2 Bedroom 2 Bath located on the 2nd floor of the building. It is beautifully furnished and decorated and will be delivered to you 'Turn Key" and move in ready. The Central Heat and Air system was completely upgraded with a new system in 2022. The complex is very popular with vacation renters. Many advance bookings for the coming seasons come with the property if buyers are interested in renting the unit. It has a solid rental history with income averaging $50, 000 per year. The complex does allow for short term, 1 week stays. The unit is almost completely occupied throughout this coming 2024 summer, showing appointments are absolutely required and preferred on Saturdays between rental turnovers.
Features
- Heating: Central, Electric, Heat Pump
- Cooling: Central Air, Humidity Control
- Levels: 2
- Amenities: Cable TV, Pool, Storage
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside
- Complex: EL GALEON BY SEA
- Year Built: 1984
- Approx Sq. Feet: 1,049
- Acreage: 1.5
- Est. Taxes: $9,357
- Condo Fee: $2,700 Quarterly
- Lot Desc: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County, Key Lot, Landscaped
- View: Pool, Water
- Elem. School: East Elementary
- Middle School: L.A. Ainger Middle
- High School: Lemon Bay High
- Pet Policy: Size Limit, Yes
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- MLS#: D6135956
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/D6135956/1760gulfboulevard_englewood_fl?source=qrflyer
Listing courtesy of MANASOTA KEY REALTY INC Phone: 941-474-9534
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1760 Gulf BOULEVARD, #511, Englewood, FL, 34223
$795,000
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 | $636,000 | $636,000 | $636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.737% | 7.146 | 6.120% |
| Monthly Tax Payment | $780 | $780 | $780 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,125 | $4,178 | $5,324 |
| Total Monthly Payment | $4,997 | $5,050 | $6,196 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388