3075 Bay Oaks CIRCLE, Englewood, FL, 34223 | $999,000

MANASOTA KEY -- *NO FLOOD OR HURRICANE DAMAGE from Helene and Milton* -- You must see this inviting 3-bedroom, 2-bath turnkey furnished residence nestled in Bay Oaks Circle on Manasota Key, in Englewood, Florida. Embrace the tranquility of this bayside gem, offering a deeded easement to the Gulf of Mexico. Situated on a private, oversized . 45-acre lot, this split-bedroom home provides the perfect blend of elegance and functionality. Step into a living room adorned with Cathedral ceilings, and sliders leading to the inviting covered patio area. The well-appointed kitchen boasts granite counter tops, an island with breakfast bar, and closet pantry. Sliding glass doors connect the home to the expansive covered patio and the heated pool. Revel in the added privacy courtesy of the lush landscaping that surrounds the property. Retreat to the Primary bedroom, complete with sliders from the lanai, a walk-in closet, and the updated en-suite bathroom with double-sink vanity and large walk-in shower. This home is a great income producing property and was in high rental demand for most of 2023. Roof replaced 2023, new electrical panel 2021, re-piped 2013. Now is the time to buy the coastal home you've always wanted! Bay Oaks is a secluded bay-side community nestled under canopied oak trees; bike to the Englewood Beach area where you'll find morning yoga, several island restaurants, live music and beautiful sunsets. This is not just a home, it's an opportunity to immerse yourself in a lifestyle where every day feels like a vacation. Welcome to your coastal paradise on Bay Oaks Circle.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Florida
  • Year Built: 1991
  • Garage: 2-car Driveway, Parking Pad
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,855
  • Acreage: 0.39
  • Est. Taxes: $16,522
  • HOA Fee: $200 Annually
  • Lot Desc: FloodZone, In County
  • View: Trees/Woods
  • Elem. School: Englewood Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: D6138874
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /eprop/D6138874/3075bayoakscircle_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 11/25/2024 6:47:08 PM)
Listing courtesy of GULF REALTY & ASSOCIATES LLC   Phone: 941-475-1036

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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3075 Bay Oaks CIRCLE, Englewood, FL, 34223

$999,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $799,200 $799,200 $799,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $1,377 $1,377 $1,377
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,184 $5,117 $7,072
Total Monthly Payment $6,653 $6,586 $8,541

* 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.