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1600 Cardinal Lane, Englewood, FL 34224

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For Sale

$349,900

2 beds • 1,550 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $225.74
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investors Paradise with this gem of a duplex, a two bed, two bath property, with an FDOT approved, direct access driveway, off of McCall. This building has two units with 1 bedroom and 1 bath in each unit and is currently being used for long-term rentals; and would easily convert to seasonal rentals. There has been continual preventative maintenance on the building, so everything is functioning very well. At present you can achieve approximately an 8% ROI Plus Equity, with plenty of room for value-add projects, to increase your revenues. This structure is located three short miles from the Manasota Key Beach and is surrounded by all manner of amenities. Currently both units are leased out with a one year term. One unit is a new tenant and other is a long term tenant. Duplex has a nice screened in shared patio and outdoor area for sitting, grilling, or just enjoying FL beautiful summer days. Call today for private showing
MLS# A4595671

Courtesy Of Horizon Realty International Inc.

(941) 238-0953

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Block
  • Heating Fuel
    Electric
  • Lot Size
    0.21 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom

Map and Directions

Directions to 1600 Cardinal Lane, Englewood, FL 34224

Home seller CENTURY 21 SUNBELT REALTY

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 SUNBELT REALTY

(941) 235-6610
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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