2504 North Beach Road

Englewood, FL 34223

$3,700,000
Last Sold Price
—
Beds
10,515 Sq. Ft.
$352 / Sq. Ft.
10,515
Sq. Ft.
$352
per Sq. Ft.

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...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!
  1. Listed by Gerald Hayes • RE/MAX ANCHOR OF MARINA PARK

Property Details for 2504 North Beach Road

Subdivision Name
GULFRIDGE 1ST ADD
Township
41
Carport Spaces
10
View
Water
Waterfront
Yes
Water View
Beach, Gulf/Ocean - Full
Furnished
Furnished

Location

Listing Courtesy of RE/MAX ANCHOR OF MARINA PARK, Gerald Hayes

Sold By KELLER WILLIAMS ON THE WATER, Andrew Martell

Add your commute
LISTING UPDATED: 01/17/2023 08:11 PM

Property Details for 2504 North Beach Road

StatusSold
MLS #C7437591
Days on Market175
Taxes$59,461 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built2007
Lot Size0.43 AC / 18,834 SF
CountyCharlotte County

Location

Listing Courtesy of RE/MAX ANCHOR OF MARINA PARK, Gerald Hayes

Sold By KELLER WILLIAMS ON THE WATER, Andrew Martell

Add your commute

Building Information for 2504 North Beach Road

Stories-Residences5Year Built2007Building Size-Lot Size0.43 AC / 18,834 SF

Payment Calculator

$25,148 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,192

Property Taxes

$4,955

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2504 North Beach Road

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 16206.0
  • Building Area Units: Square Feet
  • Community Features: Water Access, Waterfront
  • Directions: US 41 NORTH....LEFT ON 776....LEFT ON N BEACH RD.....PASS THROUGH ONE ROUNDABOUT.....PROPERTY IS ON THE LEFT
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Subdivision Num: GRG
  • Subdivision Section Number: 1
  • SW Subdiv Community Name: Gulfridge
  • Unit Number: No
  • Street Number: 2504
  • Street Direction Prefix: N
  • Street Name: BEACH
  • Street Suffix: ROAD
  • State: FL
  • City: ENGLEWOOD
Parking
  • Attached Garage: No
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Assigned, Covered, Guest, Open, Oversized, Parking Pad, Under Building
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Legal Description: GRG 001 0000 0032 GULFRIDGE 1ST ADD LT 32 188/377 495/466 554/1652 713/754 933/1569 1507/1160 2589/679 E2879/754 E3149/1371 CT3337/333 3374/1022 E3620/66 E3723/1946 4058/264
  • Tax Lot: 32
  • Tax Year: 2020
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Street Paved
  • Lot Size Dimensions: 50x405
  • Parcel Number: 411912126003
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: Beach - Private, Gulf/Ocean
  • Water Access: Yes
  • Water Body Name: GULF OF MEXICO
  • Water Extras: No
  • Water Frontage Feet Beach Prvt: 50
  • Water Frontage Feet Gulf Ocean: 50
  • Zoning: MMF7.5
  • Living Area: 10515
  • Lot Dimensions: 50x405
Property and Assessments
  • Year Built Numeric: 2007
  • Association Amenities: Elevators
  • Flood Zone Code: VE
  • Flood Zone Date: 05-05-2003
  • Flood Zone Panel: 12015C0186F
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 19
  • Public Survey Section: 12
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage
  • Foundation Details: Slab
  • Levels: Two
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal, Shingle
  • Waterfront Features: Beach - Private, Gulf/Ocean
  • Waterfront Feet Total: 100
Interior Features
  • Additional Rooms: Inside Utility, Storage Rooms
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Laundry Features: Inside, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Net Income: $376,000.00
  • Gross Income: $376,000
  • Unit Count: 6
Unit 1
  • Unit Type Garage Spaces 1: 1
  • Unit Type Heated Sq Ft 1: 1808
  • Unit Type Type 1: 3 Bed/2 Bath
Unit 2
  • Unit Type Garage Spaces 2: 1
  • Unit Type Heated Sq Ft 2: 1608
  • Unit Type Type 2: 3 Bed/2 Bath
Unit 3
  • Unit Type Garage Spaces 3: 1
  • Unit Type Heated Sq Ft 3: 1492
  • Unit Type Type 3: 2 Bed/2 Bath
Unit 4
  • Unit Type Garage Spaces 4: 1
  • Unit Type Heated Sq Ft 4: 1808
  • Unit Type Type 4: 3 Bed/2 Bath
Unit 5
  • Unit Type Garage Spaces 5: 1
  • Unit Type Heated Sq Ft 5: 1608
  • Unit Type Type 5: 3 Bed/2 Bath
Unit 6
  • Unit Type Garage Spaces 6: 2
  • Unit Type Heated Sq Ft 6: 1728
  • Unit Type Type 6: 3 Bed/2 Bath
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 2504 North Beach Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Similar Homes

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Similar Sold Homes

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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX ANCHOR OF MARINA PARK, Gerald Hayes

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.