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1941-1943 Forked Creek Dr, Englewood, FL, 34223 | $400,000
Income producing duplex, with many major updates, in one of the most desirable neighborhoods in Englewood. This great Overbrook Gardens property is centrally located to restaurants, shopping, beaches, Venice, I-75 and has a private community boat ramp with access to Lemon Bay and the ICW. (There is a $75 annual HOA fee required for boat ramp access). This property has 2 units, both with 2 bedrooms, 1 bath, screened Lanai, outside laundry room and large backyard. In 2023 unit 1941 was remodeled including paint, kitchen with new cabinets, granite countertops, tile backsplash, appliances, exhaust fan, tile bath shower surround, misc fixtures, blinds and ceiling fans. Hot water heater was replaced in 2024. Unit 1941 had hot water heater replaced in 2020, painted, blinds and new ceiling fans in 2022. Exterior was painted in 2022, both units were re-piped in 2022, both units had HVAC replaced in 2022, the roof was replaced in 2022, and new electrical panel boxes in 2022. Long term leases in place until- Unit 1941 September 30, 2025 and Unit 1943 May 31, 2025. Tenant occupied, do not disturb tenants.
Features
- Bedrooms: 4
- Units: 2
- Laundry: Electric Dryer Hookup, Laundry Room, Outside, Washer Hookup
- Year Built: 1973
- Garage: Covered, Driveway, Off Street
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,550
- Acreage: 0.29
- Est. Taxes: $3,983
- HOA Fee: $75 Annually
- Pet Policy: Yes
- Lease Terms: 12 Months
- MLS#: D6138690
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/D6138690/19411943forkedcreekdr_englewood_fl?source=qrflyer
Listing courtesy of GULF REALTY LLC Phone: 775-287-7680
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
1941-1943 Forked Creek Dr, Englewood, FL, 34223
$400,000
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 | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
| Monthly Tax Payment | $332 | $332 | $332 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,210 | $2,127 | $2,699 |
| Total Monthly Payment | $2,617 | $2,534 | $3,106 |
* 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