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
Utilities
Cable Available
Electricity Connected
Sewer Connected
Water Connected
Waterfront and Water Access
Ocean Front
Beach Access
Cooling Information
Central Air
Heating Information
Electric
Water Features
Public
House Interior
Vaulted Ceiling(s)
Parking
Assigned
School Information
School Information for 2985 N BEACH ROAD C8-1, ENGLEWOOD, FL 34223
Elementary School
Englewood Elementary
Middle School
L.A. Ainger Middle
High School
Lemon Bay High
Listing Courtesy: PRESTIGE HOME REALTY - 941-615-8000