177 West Cowles Street

Englewood, FL 34223

$499,000
Price
5
Beds
2,432 Sq. Ft.
$205 / Sq. Ft.
2,432
Sq. Ft.
$205
per Sq. Ft.

Description

Under contract-accepting backup offers. ~ INCOME PROPERTY IN OLD ENGLEWOOD VILLAGE! ~If you're in the market for a vacation home that generates income, this property could be the ideal match for you. Situated within walking distance to Old Englewood Village and Lemon Bay, and notably located in the desirable X500 flood zone (No flood insurance required), this investment offers a prime location along with three distinct floorplans. The upstairs right unit is a recently updated 1 bed/1 bath. On the...Under contract-accepting backup offers. ~ INCOME PROPERTY IN OLD ENGLEWOOD VILLAGE! ~If you're in the market for a vacation home that generates income, this property could be the ideal match for you. Situated within walking distance to Old Englewood Village and Lemon Bay, and notably located in the desirable X500 flood zone (No flood insurance required), this investment offers a prime location along with three distinct floorplans. The upstairs right unit is a recently updated 1 bed/1 bath. On the upstairs left, you'll find a spacious 2 bed/2 bath featuring walk-in closets, an eat-in kitchen, and sliding doors that open from both the living room and master bedroom to an outdoor deck. The ground floor houses a 2 bed/1 bath unit attached to one of the garages, which includes a door opener and direct access to the apartment from the garage. The second garage is designated for tenant storage. Additionally, the property offers a community laundry room, equipped with coin-operated machines, and an extra half bath for convenience. Recent upgrades to the building include a new roof, soffits, and a fresh coat of exterior paint. All three units are in excellent condition, as are all mechanical systems. For those interested in income potential, the current rents provide a CAP rate that significantly outperforms traditional bank offerings. Schedule your private showing today.
  1. Listed by Austin Tracy • LASBURY-TRACY REALTY INC.

Property Details for 177 West Cowles Street

Subdivision Name
PALM VIEW
Township
40
Garage Spaces
2
Waterfront
No

Location

Listing Courtesy of LASBURY-TRACY REALTY INC., Austin Tracy
Add your commute
LISTING UPDATED: 03/29/2024 11:55 AM

Property Details for 177 West Cowles Street

StatusPending
MLS #D6135527
Days on Market15
Taxes$5,617 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1986
Lot Size0.19 AC / 8,243 SF
CountySarasota County

Location

Listing Courtesy of LASBURY-TRACY REALTY INC., Austin Tracy
Add your commute

Building Information for 177 West Cowles Street

Stories-Residences3Year Built1986Building Size-Lot Size0.19 AC / 8,243 SF

Payment Calculator

$3,191 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 177 West Cowles Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From the intersection of SR776 (Indiana Ave) and Dearborn Street, head south on Indiana four blocks, turn right onto Cowles to sign on left.
  • Elementary School: Englewood Elementary
  • Middle Or Junior School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Englewood Plat Of
  • Unit Number: No
  • Street Number: 177
  • Street Direction Prefix: W
  • Street Name: COWLES
  • Street Suffix: STREET
  • State: FL
  • City: ENGLEWOOD
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Garage Door Opener
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 1
  • Tax Book Number: 2-169
  • Tax Legal Description: W 1/2 OF LOTS 13 & 14 BLK 1 PALM VIEW SUB OF LOT 93 PLAT OF ENGLEWOOD
  • Tax Lot: 93
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0503090002
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RMF1
  • Living Area: 2432
  • Property Info: Walk-Up
Property and Assessments
  • Year Built Numeric: 1986
  • Flood Zone Code: X500
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0453F
  • New Construction: No
  • Property Condition: Completed
  • Property Description: Walk-Up
  • Public Survey Range: 19
  • Public Survey Section: 36
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Water Source: Public
  • Num Electric Meters: 2.0
  • Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Wood Frame
  • Exterior Features: Balcony, Fenced
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Additional Rooms: Inside Utility
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Heating: Central, Electric, Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s), Walk-In Closet(s)
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Annual Expenses: $12,000
  • Annual Net Income: $36,000.00
  • Gross Income: $48,000
  • Total Monthly Expenses: $1,000
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: Ground floor unit
  • Unit Type Garage Attached 1: Yes
  • Unit Type Garage Spaces 1: 1
  • Unit Type Heated Sq Ft 1: 800
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 1100
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Description 2: Upstairs 1/1
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 600
  • Unit Type Pro Forma 2: 1400
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 2
  • Unit Type Beds Total 3: 2
  • Unit Type Description 3: 2/2 upstairs
  • Unit Type Garage Attached 3: Yes
  • Unit Type Garage Spaces 3: 1
  • Unit Type Heated Sq Ft 3: 1032
  • Unit Type Pro Forma 3: 1500
  • Unit Type Type 3: 2 Bed/2 Bath
  • Unit Type Units Total 3: 1
Rental
Rental Information
  • Total Actual Rent: $4,000

Property History for 177 West Cowles Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 177 West Cowles Street

Taxable ValueLand$59,200Additions$394,800Total$454,000
Tax Record2023$5,617 ($468 / month)
Home Facts
Baths4.5Total Finished SqFt928 SqFtAbove Grade Finished SqFt928 SqFtStories2Lot Size8,243 SqFtStyleTriplexYear Built1986Year Renovated2001ZoningRMF1CountySARASOTAAPN0503-09-0002

Schools near 177 West Cowles Street

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Englewood Elementary School
PublicK to 5

Venice Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Sky Academy Englewood
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LASBURY-TRACY REALTY INC., Austin Tracy

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.