NOT LISTED FOR SALE

1420 Lemon Bay Dr Englewood, FL 34223

Englewood South Neighborhood

Estimated Value: $532,000 - $879,000

2 Beds
2 Baths
2,197 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 07, 2025

Last sale price $575,000 $262 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,130/month

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • 1 Car Attached Garage
  • Property Fronts a Bay or Harbor
  • No HOA
  • Living Room

About This Home

As of February 2025

Discover an unparalleled opportunity at 1420 Lemon Bay Drive, Englewood—a property with endless potential in a prime waterfront location. This .29-acre lot sits directly on Lemon Bay, offering breathtaking western sunset views over the water.

The existing 2,197 sq. ft. home has experienced hurricane damage, but all remediation has been completed, ensuring a clean slate for your vision. Whether you choose to remodel the current home or rebuild a larger residence, this property presents a unique chance to create your dream home or a lucrative investment property in a sought-after area.

Don’t miss this rare chance to secure a piece of Florida paradise, where every evening ends with stunning sunsets over the bay. Call today to explore the possibilities!

Last Agent to Sell the Property

Frederick Insogna

COLDWELL BANKER REALTY Brokerage Phone: 941-388-3966 License #3516201 Listed on: 01/11/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Frederick Insogna

COLDWELL BANKER REALTY Brokerage Phone: 941-388-3966 License #3516201 Listed on: 01/11/2025

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,612

Year Built

  • Built in 1956

Lot Details

  • 0.29 Acre Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,197 Sq Ft Home
  • Sliding Doors
  • Living Room
  • Ceramic Tile Flooring
  • White Water Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Access to Bay or Harbor
  • Seawall
  • Exterior Lighting
  • Rain Gutters
  • Rain Barrels or Cisterns
  • Private Mailbox

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • Point Of Pines Community
  • Point Of Pines Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,612

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2197
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 2197
  • Lot Size Sq Ft: 12420
  • Directions to Property: Take I-75 South to Exit 193 (Jacaranda Blvd). Follow Jacaranda Blvd toward Englewood, continuing for approximately 13.5 miles. Turn left onto Route 776 (Englewood Rd) and proceed for about 8.2 miles. Turn right onto Point of Pines Rd, then take another right onto Lemon Bay Drive. The property, 1420 Lemon Bay Drive will be on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 261.72
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-388-3966
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 1420
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 204.11
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground
  • Exterior Features: Lighting, Outdoor Shower, Private Mailbox, Rain Barrel/Cistern(s), Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LEMON BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available, Public, Sewer Connected, Street Lights, Water Available
  • Cooling: None
  • Heating: Electric
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 412006327002
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1154

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Leasing must abide by town and county rules and regulations

Tax Info

  • Tax Annual Amount: 6611.83
  • Tax Lot: 74

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2025
Closed on
Jan 29, 2025
Sold by
Philpit Zackulyn Lee
Bought by
Nero Jason James
Seller's Agent
Frederick Insogna
COLDWELL BANKER REALTY
Buyer's Agent
Frederick Insogna
COLDWELL BANKER REALTY
List Price
$575,000
Sold Price
$575,000
Views
3
Current Estimated Value
$658,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,572
Avg. Annual Appreciation
37.38%
Original Mortgage
$632,162
Outstanding Balance
$321,478
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$367,636

Purchase Details

Closed on
Jul 24, 2000
Sold by
White Glenn M and White Sally J
Bought by
Philpit Matthew B and Smith Zackulyn Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.23%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nero Jason James $575,000 None Listed On Document
Philpit Matthew B $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nero Jason James $632,162
Previous Owner Philpit Matthew B $200,000
Previous Owner Philpit Matthew B $252,000
Previous Owner Philpit Matthew B $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $575,000 0.0% $262 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
01/11/2025 01/11/25 For Sale $575,000 -- $262 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,573 $404,364 $0 $0
2022 $6,381 $392,586 $0 $0
2021 $6,395 $381,151 $0 $0
2020 $6,326 $375,889 $0 $0
2019 $6,143 $364,865 $0 $0
2018 $5,714 $358,062 $0 $0
2017 $5,673 $350,697 $0 $0
2016 $5,530 $343,484 $0 $0
2015 $5,554 $341,096 $0 $0
2014 $5,510 $338,389 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frederick Insogna

    Seller's Agent in 2025

    Frederick Insogna

    COLDWELL BANKER REALTY

    (941) 899-3367

    1 in this area

    11 Total Sales

    Frederick Insogna
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Map

Source: Stellar MLS

MLS Number: A4635183

Stellar MLS

APN: 412006327002

Florida Charlotte County Englewood 34223 Englewood South

1420 Lemon Bay Dr, Englewood, FL

This home is located at 1420 Lemon Bay Dr, Englewood, FL 34223 since 11 January 2025 and is currently estimated at $658,572, approximately $299 per square foot. This property was built in 1956. 1420 Lemon Bay Dr is a home located in Charlotte County with nearby schools including L.A. Ainger Middle School, Lemon Bay High School, and Sky Academy Englewood.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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