1475 Flamingo DRIVE, #174, Englewood, FL, 34224 | $65,000

*FIXER-UPPER*




This property is a prime fixer-upper offering incredible potential for an investor to own and rent out a lot in this highly sought after community or, for a snowbird to come in and create their own version of a winter retreat.




Priced per land value and what remains of the home, this property is an ideal opportunity to rebuild, renovate or set your own RV on the lot. The structure sustained hurricane Ian damage, but the land itself is solid and offers a great foundation for your future project. Whether you're an investor looking for a project or a snowbird wanting to create your ideal winter escape, this property has all the right ingredients for success and beauty.




Holiday Travel Park is a gated community with incredible amenities, to include a beautiful pool, shuffleboard, bocce ball, horseshoes, community boat ramp, convenient laundry facilities throughout, and huge activity center with tons of activities! There's also optional boat/RV storage spaces available for rent. There's always something fun going on in Holiday Travel Park: it's truly a community filled with the friendliest of residents! And. . . YOU OWN THE LAND - NO LAND LEASE FEES HERE.




ALSO INCLUDED in the LOW monthly HOA fee ($140) is water, sewer, trash pickup, & grounds maintenance. This location is near ocean access boat ramps & marinas, and is within 10 minutes of the beautiful Englewood Beaches, . . . not to mention historic Dearborn St!




Don't wait, schedule your showing now and start planning how you will make this property feel like a home!!

*Sellers are in the process of having the carport re-done*

Features

  • Amenities: Clubhouse, Gated, Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Storage
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: None
  • Year Built: 1979
  • Heating: Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 332
  • Acreage: 0.04
  • Est. Taxes: $1,708
  • HOA Fee: $140 Monthly
  • Lot Desc: FloodZone, Landscaped, Level
  • Adult Communities: Yes
  • Elem. School: Myakka River Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pet Policy: Yes
  • Appliances: Microwave, Range, Refrigerator
  • MLS#: N6135588
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/N6135588/1475flamingodrive_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 5:33:27 PM)
Listing courtesy of EXP Realty   Phone: 888-883-8509

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NMLS Mortgage Loan Originator ID 16953

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1475 Flamingo DRIVE, #174, Englewood, FL, 34224

$65,000

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 $52,000 $52,000 $52,000
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 $142 $142 $142
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $346 $342 $439
Total Monthly Payment $563 $559 $656

* 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.