Listing Details for MLS # N6136573
2985 N Beach Road Unit C8-1, Englewood, Fl 34223

Residential Property - Condominium in Englewood

Listing Price: $599,900Days on Market: 3

Description of Property

Amazing opportunity to purchase this hurricane damaged Waterfront Villa in Admiralty Villas which is a Gulf to Bay property located on Beautiful Manasota Key. This condo was sold in May 2022 for $775,000. The HOA is responsible for fixing up the entire exterior of the unit and the buyers will have the option to either allow the HOA to fix up the inside as well or fix up the inside themselves and will be reimbursed up to $87,000 towards qualified repairs. We have a contractor all lined up that will completely finish the entire inside for under $80,000. The buyers will be "All In" completely repaired at the purchase price, and will have a ton of instant equity! The $15,000 Special Assessment for the hurricane damage will be paid in full by sellers. Admiralty Villas is a quaint old Florida style community with access to community boat docks on a first come first serve basis (once repaired), Heated Community Pool and Deeded Beach Access right across the street. Located less than 1 mile to fine dining restaurants, amazing bars and pubs, and is completely surrounded by world class fishing and boating. Come and take a look at this amazing opportunity today!The average asking price for a 3 bedroom/2 bath condominium in this Zip code is $534,239. This condominium is listed at about 112% of the average asking price. There are 8 3 bedroom/2 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »