Englewood, FL 34223,2504 N BEACH RD
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Englewood, FL 34223,2504 N BEACH RD
Englewood, FL 34223,2504 N BEACH RD
Englewood, FL 34223,2504 N BEACH RD

$3,700,000

Est. payment /mo

$3,900,000

5.1%
Est.Price: ?

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2504 N BEACH RD Englewood, FL 34223

10,515 SqFt

SOLD DATE : 07/28/2021

Key Details

Sold Price $3,700,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,515 sqft

Price per Sqft $351

Subdivision Gulfridge 1St Add

MLS Listing ID C7437591

Sold Date 07/28/21

Construction Status Inspections,Other Contract Contingencies,Pending 3rd Party Appro

HOA Y/N No

Originating Board Stellar MLS

Year Built 2007

Annual Tax Amount $59,460

Lot Size 0.430 Acres

Acres 0.43

Lot Dimensions 50x405

Property Description

*UNDER CONTRACT.....CONTRACT CONTINGENT UPON BANKRUPTCY COURT APPROVAL*......GREAT INVESTMENT on the Gulf of Mexico! Turnkey, income-producing, 5 units AND beach house. Private BEACH and STUNNING VIEWS of the Gulf of Mexico. One building has five condo units and the other building is a single family home. Four condo units offer 3 Bedrooms, 2 Bathrooms with private balconies overlooking the beach and the water. Two of the condos are 1808 SF and two of the condos are 1608 SF. There is also a 1492 SF 2 Bedroom, 2 Bathroom two story condo. The second building is a 1728 SF 3 Bedroom, 2.5 Bathroom single family beach house. Building style is modern contemporary. Construction is block and stucco with metal roof. The units were built in 2007 and the SFH was built in 1977. Each unit has two under building parking spaces. Gross income on condos and townhouse: $279,000 per year. Gross income on the beach house is $97,000 per year. Rentals are weekly, monthly and seasonal. A full set of condo documents would convey with the property. Features include: elevator to each unit, impact glass, 10 foot ceilings, central vacuums, fire sprinkler system, separate storage rooms, wood cabinets in kitchen, granite counters, breakfast bar, jetted tub, separate shower and dual sinks in master bathrooms, walk in shower in guest bathroom, crown molding, window treatments, quality furnishings professionally staged, central A/C and heat, intercoms, laundry rooms with stacked washer/dryer, tile flooring. Kitchen appliances include: microwave, range, dishwasher, refrigerator. Excellent income producing rental properties in a premium location!

Location

State FL

County Charlotte

Community Gulfridge 1St Add

Zoning MMF7.5

Rooms

Other Rooms Inside Utility, Storage Rooms

Interior

Interior Features Ceiling Fans(s), Central Vaccum, Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Tile

Furnishings Furnished

Fireplace false

Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Inside, Laundry Closet

Exterior

Exterior Feature Balcony, Lighting, Sliding Doors, Storage

Garage Assigned, Covered, Guest, Open, Oversized, Parking Pad, Under Building

Community Features Water Access, Waterfront

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights

Amenities Available Elevator(s)

Waterfront true

Waterfront Description Beach - Private, Gulf/Ocean

View Y/N 1

Water Access 1

Water Access Desc Beach - Private,Gulf/Ocean

View Water

Roof Type Metal, Shingle

Parking Type Assigned, Covered, Guest, Open, Oversized, Parking Pad, Under Building

Attached Garage false

Garage false

Private Pool No

Building

Lot Description FloodZone, In County, Paved

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block, Stucco

New Construction false

Construction Status Inspections,Other Contract Contingencies,Pending 3rd Party Appro

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by RE/MAX ANCHOR OF MARINA PARK
Bought with KELLER WILLIAMS ON THE WATER

The Bolden Team

Agent | License ID: 261215419

+1(407) 334-1557

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