Under contract-accepting backup offers. Versatile Living & Business Opportunity: Custom Home with Residential/Commercial Zoning in Olde Englewood Village!
This stunning custom-built residence, completed in 2018, beautifully combines modern amenities with the charm of community living. Set on a generous double lot, this 4-bedroom, 2. 5-bathroom home offers an ideal blend of comfort and style.
Upon entering you are welcomed by a spacious open floor plan, highlighted by elegant travertine flooring that flows seamlessly throughout the home. The living room is a standout feature, boasting a lighted double tray ceiling, 6-inch moldings, and a large mounted flat-screen TV that conveys with the home. This area effortlessly connects to a gourmet kitchen that will delight any chef. The kitchen showcases Samsung stainless steel appliances, including a built-in convection oven and microwave, a separate flat-top stove with range hood, and
an upgraded refrigerator. The expansive 8 1/2 x 4-foot granite island, which seats four, is perfect for both cooking and entertaining.
The primary suite is a true retreat, featuring tray ceilings, a walk-in closet, and a luxurious en-suite bathroom with double sinks and a large walk-through shower. Enjoy direct access from the master bedroom to the heated saltwater pool, enhancing your indoor-outdoor living experience. The lanai offers a private oasis with a heated outdoor shower, natural vegetation for added privacy, and a remote-controlled hurricane screen for peace of mind.
Additional features include a three-car garage with built-in concrete overhead shelving, and a laundry room equipped with ample cabinet space, a sink, a hanging bar, and an extra granite folding counter. The home is thoughtfully designed with pocket doors, ceiling fans, and extra-tall 8-foot doors that are 35 inches wide and ADA-compliant. The zero-corner sliders open the indoor living space to the outdoor pool area, allowing you to enjoy Florida’s beautiful weather year-round. The pool area includes an air-conditioned bathroom and a separate
storage closet for added convenience. One of the guest bedrooms also features pool access through its own slider, making it ideal for visitors.
Situated on a double lot within the Residential/Commercial Transitional Overlay District (RCTOD) and the
CRA overlay district, this property is zoned RSF1/RCTOD, offering the potential for light office space. This
zoning supports a mix of residential and light commercial uses, providing unique advantages for homeowners
interested in operating a small business or exploring investment opportunities.
Located just one street over from the vibrant downtown Dearborn Street, your a short walk to local restaurants, shops, live music, the Elsie Quirk Library, grocery stores, and a mini golf course coming soon. Olde Englewood Village offers the convenience of exciting events such as Farmers Markets, Arts & Crafts shows, music festivals, and more. Plus, you’re just a short drive from beautiful beaches like Boca Grande and barrier islands such as Palm Island, Little Gasparilla, and Manasota Key. The area is a paradise for outdoor enthusiasts, with world-class fishing, paddle boarding, parasailing, jet skiing, scuba diving, and more.
Don’t miss your chance to own this exquisite property that perfectly captures the essence of Florida living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,725 | $3,678 | $4,722 |
Total Monthly Payment | $4,192 | $4,145 | $5,189 |
* 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.