$650,000

5041 N Beach Rd Unit 1A and 1B Englewood, FL 34223

Estimated payment $4,214/month

Total Views 5,469
4 Beds
2 Baths
1,536 Sq Ft
$423 Price per Sq Ft

Highlights

  • 120 Feet of Bay Harbor Waterfront
  • Family Room Off Kitchen
  • Laundry Room
  • White Water Ocean Views
  • Living Room
  • Ceramic Tile Flooring

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# D6141044), and 4/A-4/B (MLS # D6141049) are available for purchase, creating the opportunity to attain 4/5 majority ownership (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
  • West Facing Home

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • White Water Ocean Views

Kitchen

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

Flooring

  • Linoleum
  • Concrete
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access to Bay or Harbor
  • Private Mailbox

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance
  • Julie Harris Association, Phone Number (863) 513-3128
  • Palm Bay Community
  • Palm Bay Subdivision

Amenities

  • Community Mailbox

Pet Policy

  • Pets Allowed
  • Pets up to 101 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

  • HOA Fee Includes: Insurance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • 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: 886
  • Status: Active
  • Street Direction: N
  • Co List Office Mls Id: MFR256030010
  • Co List Office Phone: 941-698-0303
  • Ownership: Condominium
  • Entry Level: 1
  • Building Area Total Srch Sq M: 142.70
  • Escrow City: Venice
  • Escrow State: FL
  • Escrow Street Name: Woodmere Park Blvd., Suite 10
  • Floor Number: 1
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 423.18
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Fishing
  • Attribution Contact: 941-698-0303
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 2
  • Living Area Meters: 142.70

Exterior Features

  • Direction Faces: West
  • Exterior Features: Private Mailbox, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: LEMON BAY
  • Waterfront: Yes
  • Road Surface Type: Gravel
  • Water Access: Bay/Harbor
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 120
  • Flood Zone Panel: 12015C0178G
  • 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, Mini-Split Unit(s)
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Mailbox
  • Association Name: Julie Harris
  • Phone: 863-513-3128
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Condo Fees: 1050
  • Condo Land Included YN: 0
  • Max Pet Weight: 101
  • Association Email: Julie5petite@yahoo.com
  • Monthly Condo Fee Amount: 350

Fee Information

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

Lot Info

  • Zoning: MMF10
  • Parcel Number: 411902634001
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5464
  • Tax Book Number: 3-51 A-B
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2025 03/01/25 For Sale $650,000 -- $423 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: D6141045

Stellar MLS