PENDING
$76K PRICE DROP
315 Palm Grove Ave Englewood, FL 34223
Old Englewood Village NeighborhoodEstimated payment $2,833/month
Total Views
6,583
3
Beds
2.5
Baths
1,137
Sq Ft
$395
Price per Sq Ft
Highlights
- 75 Feet of Salt Water Canal Waterfront
- Dock has access to electricity and water
- Canal View
- Englewood Elementary School Rated A-
- Covered Boat Lift
- Florida Architecture
About This Home
Canal-front home located in the desirable Palm Grove Subdivision of Englewood. This 3-bedroom, 2-bathroom property includes a private-entrance mother-in-law suite. Situated on 75 feet of the Palm Grove Canal, with a 26' dock and covered boat lift which can house a 25' boat. Home is just 500 feet from the Intracoastal Waterway (ICW) and a quick 15-minute boat ride to Stump Pass and the Gulf of Mexico.
The home experienced water intrusion from the 2024 hurricane storm surge. Drywall was immediately replaced; whole house was completely cleaned and currently houses two tenants. The third bedroom and bath serve as an owner’s suite, conveniently connected to the one-car garage.
The property is being sold AS-IS. While the roof showed no leaks during the 2024 hurricanes, it is nearing the end of its lifespan. This is a fantastic opportunity for use as a rental property, a remodel, or a teardown for a custom rebuild in this rapidly upgrading neighborhood.
CASH OFFERS ONLY.
Listing Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-473-7750 License #3587211 Listed on: 01/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,697
Year Built
- Built in 1971
Lot Details
- 6,648 Sq Ft Lot
- Lot Dimensions are 75'x84'x94'x78.1'
- 75 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Dirt Road
- North Facing Home
- Wood Fence
- Landscaped with Trees
- Property is zoned RSF2
Parking
- 1 Car Attached Garage
- Ground Level Parking
- Driveway
Home Design
- Florida Architecture
- Slab Foundation
- Shingle Roof
- Concrete Siding
Interior Spaces
- 1,137 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- French Doors
- Family Room
- Living Room
- Dining Room
- Sun or Florida Room
- Inside Utility
- Canal Views
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Range
- Stone Countertops
Flooring
- Carpet
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Jack-and-Jill Bathroom
- In-Law or Guest Suite
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Access to Saltwater Canal
- Seawall
- Covered Boat Lift
- Dock has access to electricity and water
- Dock made with wood
- Exterior Lighting
- Private Mailbox
Additional Homes
- 264 SF Accessory Dwelling Unit
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Englewood Elementary School
- L.A. Ainger Middle School
- Lemon Bay High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Palm Grove Community
- Palm Grove In Englewood Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 315 / E
- Assessor Parcel Number 0503150037
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,738 | $358,700 | $216,300 | $142,400 |
| 2023 | $4,738 | $356,000 | $201,900 | $154,100 |
| 2022 | $2,601 | $217,653 | $0 | $0 |
| 2021 | $1,864 | $145,988 | $0 | $0 |
| 2020 | $1,846 | $143,972 | $0 | $0 |
| 2019 | $1,769 | $140,735 | $0 | $0 |
| 2018 | $1,704 | $138,111 | $0 | $0 |
| 2017 | $1,684 | $135,270 | $0 | $0 |
| 2016 | $1,669 | $211,800 | $136,400 | $75,400 |
| 2015 | $1,689 | $156,400 | $95,100 | $61,300 |
| 2014 | $1,676 | $128,594 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 07/16/2025 07/16/25 | For Sale | $449,000 | 0.0% | $395 / Sq Ft |
| 07/14/2025 07/14/25 | Off Market | $449,000 | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $449,000 | 0.0% | $395 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 04/29/2025 04/29/25 | For Sale | $449,000 | 0.0% | $395 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | Price Changed | $449,000 | -10.0% | $395 / Sq Ft |
| 02/07/2025 02/07/25 | Price Changed | $499,000 | -5.0% | $439 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $525,000 | -- | $462 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $3,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | $126,000 | Heritage Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $463,500 | Negative Amortization | |
| Previous Owner | $389,500 | Unknown | |
| Previous Owner | $340,617 | Fannie Mae Freddie Mac | |
| Previous Owner | $252,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Englewood, FL
Source: Stellar MLS
MLS Number: A4635101
APN: 0503-15-0037
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