$650,000

5041 N Beach Rd Unit 1 Englewood, FL 34223

Manasota Key Neighborhood

Estimated payment $4,340/month

Total Views 4,135
4 Beds
2 Baths
1,536 Sq Ft
$423 Price per Sq Ft

Highlights

  • 120 Feet of Bay Harbor Waterfront
  • Furnished
  • Laundry closet
  • White Water Ocean Views
  • Family Room Off Kitchen
  • Sliding Doors

About This Home

FABULOUS WATERFRONT VIEWS DIRECTLY ON LEMON BAY AND DEEDED BEACH ACCESS!! If you are a buyer searching for the ideal remedy for the winter blues or an investor seeking an income-producing property, look no further. TWO income-producing units with a strong rental history and direct access to Lemon Bay and its breathtaking sunrises are now available for the price of ONE. Upstairs, you will find Unit 1-A, a 2-bedroom, 1-bath, light-filled END UNIT with picturesque views of Lemon Bay. Unit 1-B is on the first floor, just below, and offers two bedrooms and one bath. Both units provide extensively updated interiors, including kitchens and baths, new coastal furnishings and decor, updated flooring, impact windows and sliders, and washers/dryers. Both units are sold turnkey furnished and are rent-ready immediately. Palm Bay is a charming 10-unit complex located within one mile, as the seagull flies, of Englewood Beach, with deeded beach access within a short walk across the street. All units showcase spectacular sunrise views over Lemon Bay, and a short walk to the beach allows one to enjoy panoramic sunset views. Shopping, restaurants, and boat rentals are readily available nearby. Please note: In addition to Units 1-A/1-B, Units 2/A-2/B (MLS#D6142352), 3-A/3-B (MLS#D6140977), and 4-A/ 4-B (MLS#D6140982) are also available and can be purchased as a package, creating the opportunity to attain majority ownership with 8 of 10 units in the complex. Call today to schedule a private showing, and be prepared to be captivated-- your truly sensational, laid-back 'Old Florida' waterfront lifestyle and your investment opportunity await.

Listing Agent

Terri Hesse

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3320488 Listed on: 03/01/2025

PARADISE EXCLUSIVE INC

Co-Listing Agent

Patrick Hesse

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3419850

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,464

Year Built

  • Built in 1981

Lot Details

  • 120 Feet of Bay Harbor Waterfront
  • Fenced

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,536 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • White Water Ocean Views

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Access to Bay or Harbor

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • 10 Units
  • Palm Bay c/o Julie Harris Association, Phone Number (863) 513-3128
  • Palm Bay Community
  • Palm Bay Subdivision

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,464

Year Built

Built in 1981

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Frame
  • Fireplace: No
  • Living Area: 1536
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1536
  • Lot Size Sq Ft: 884
  • Directions to Property: From the intersection of McCall Rd. and Beach Rd., proceed to the first right on the roundabout. Follow N. Beach Rd. to right onto Dolphin Cove and drive to the end of the lane. Palm Bay complex will be directly in front of you. Units 1/A (second floor) and 1/B (first floor) will be on the left side as you face the building.
  • Status: Active
  • Co List Office Mls Id: MFR256030010
  • Co List Office Phone: 941-698-0303
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Venice
  • Escrow Postal Code: 34293
  • Escrow State: FL
  • Escrow Street Name: Woodmere Park Blvd., Suite 10
  • Escrow Street Number: 4130
  • List Office Head Office Key Nume: 1037924
  • RATIO Current Price By Calculate: 423.18
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front
  • Attribution Contact: 941-698-0303
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 5041
  • Living Area Meters: 142.70

Exterior Features

  • Exterior Features: Fence, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: LEMON BAY
  • Waterfront: Yes
  • Road Surface Type: Gravel
  • Water Access: Bay/Harbor
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 120
  • Water Frontage Feet Bay Harbor: 120

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Ductless
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee Frequency: Quarterly
  • Association Name: Palm Bay--c/o Julie Harris
  • Phone: 863-513-3128
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: None
  • Building Name Number: PALM BAY
  • Condo Fees: 1050
  • Max Pet Weight: 100
  • Association Email: julie5petite@yahoo.com
  • Monthly Condo Fee Amount: 350

Fee Information

  • Total Annual Fees: 4200.00
  • Total Monthly Fees: 350.00

Lot Info

  • Parcel Number: 411902634001
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Lot Size Square Meters: 82

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 10
  • Waterfront Features: Bay/Harbor
  • Approval Process: First right of refusal for existing owners.
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 5464
  • Tax Lot: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,607 $280,704 $0 $0
2022 $5,390 $267,648 $0 $267,648
2021 $5,952 $291,149 $0 $291,149
2020 $5,965 $291,149 $0 $291,149
2019 $6,165 $336,845 $0 $336,845
2018 $5,053 $254,592 $0 $254,592
2017 $5,316 $287,232 $0 $0
2016 $5,119 $263,492 $0 $0
2015 $5,197 $239,538 $0 $0
2014 $4,472 $217,762 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $3,000 0.0% $3 / Sq Ft
03/01/2025 03/01/25 For Sale $650,000 0.0% $423 / Sq Ft
01/23/2025 01/23/25 Price Changed $4,000 -11.1% $5 / Sq Ft
01/06/2025 01/06/25 Price Changed $4,500 -10.0% $5 / Sq Ft
12/18/2024 12/18/24 For Rent $5,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 Integrity Title Services Inc
Warranty Deed $144,500 --
Source: Public Records

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See All Homes in Englewood

Source: Stellar MLS

MLS Number: D6140965

Stellar MLS

APN: 411902634001

Florida Charlotte County Englewood 34223 Manasota Key

5041 N Beach Rd Unit 1, Englewood, FL

This home is located at 5041 N Beach Rd Unit 1, Englewood, FL 34223 and is currently priced at $650,000, approximately $423 per square foot. This property was built in 1981. 5041 N Beach Rd Unit 1 is a home located in Charlotte County with nearby schools including Faith Christian Academy.

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

Nearby Homes
Terri Hesse
Listing Agent
Terri Hesse
Section Image
PARADISE EXCLUSIVE INC
(941) 352-4174