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!
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 12 x 11
- Bedroom 1 Dimensions: 12 x 11
- Bedroom 3 Dimensions: 10 x 9
- Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 3 Level: First
Other Rooms
- Total Rooms: 6
- Living Room Dimensions: 22 x 15
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Living Room/Dining Room Combo
- Primary Bedroom Main Floor
- Thermostat
- Vaulted Ceiling(s)
- Furnished Description: Unfurnished
Appliances
- Laundry Features: In Garage, Outside
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Electric
Kitchen and Dining
- Dining Room Dimensions: 22 x 9
- Dining Room Level: First
- Kitchen Dimensions: 10 x 9
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: LEMON BAY, GULF OF MEXICO
- Water Features: Bay/Harbor, Beach, Beach - Access Deeded, Gulf/Ocean to Bay
- Bay/Harbor
- Gulf/Ocean
- Waterfront Feet: 525
Exterior and Lot Features
- Rain Gutters
- Sidewalk
- Sliding Doors
- Storage
- Patio And Porch Features: Patio
- Road Surface Type: Asphalt
Land Info
- Lot Description: FloodZone
- Lot Size Acres: 0.1859504
- Vegetation: Mature Landscaping
- Lot Size Square Feet: 8100
Garage and Parking
- Garage Spaces: 1
- Garage Features: 09X19
- Parking Features: Assigned
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Pool
- Association Fee: 3092
- Association Fee Frequency: Quarterly
- Association Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1030
- Association Name: Chris McCluskey
- Association Phone: 9415756764
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: Check with HOA, Max Pet Weight: 40
School Information
- Elementary School: Englewood Elementary
- High School: Lemon Bay High
- Middle School: L.A. Ainger Middle
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
- Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Golf Carts OK, Pool, Special Community Restrictions
Other Property Info
- Community Association WaterFeatures: Boat Slip, Fishing, Water Access, Waterfront
- Annual Tax Amount: 5405
- Source Listing Status: Active
- County: Charlotte
- Directions: 776 to Englewood Beach Road, turn right at the round about then head north (right) approximately 1 mile to Admiralty Villas turn right 2985 is located straight back to the C8 which is on the Bay
- Tax Year: 2023
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 34223 - Englewood
- Property Subtype: condo
- Source Neighborhood: ADMIRALS POINT CONDO
- Parcel Number: 411901701027
- Postal Code Plus 4: 8110
- Subdivision: ADMIRALS POINT CONDO
- Township: 41S
- Zoning: MMF7.5
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1250
- Year Built: 1972
- Building Area Source: Public Records
- Building Area Total: 1250
- Building Name: C8-1
- Construction Materials: Wood Frame
- Direction Faces: West
- Foundation Details: Slab
- Levels: One
- Property Age: 53
- Property Attached: Yes
- Property Condition: Completed
- Roof: Shingle, Tile
- Levels or Stories: 1
- Building Total Stories: 1
- Structure Type: Corner Unit, Walk-Up
Utilities
- Sewer: Private Sewer
- Cable Available
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
- Water Source: Public
