$499,900

5041 N Beach Rd Unit 2A and 2B Englewood, FL 34223

Manasota Key Neighborhood

Estimated payment $3,611/month

Total Views 950
3 Beds
2 Baths
1,536 Sq Ft
$325 Price per Sq Ft

Highlights

  • 120 Feet of Bay Harbor Waterfront
  • Deck
  • Balcony
  • White Water Ocean Views
  • Enclosed patio or porch
  • Laundry Room

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 direct access to Lemon Bay and its breathtaking sunrises are now available for the price of ONE. Upstairs, you will find Unit 2-A, a 2-bedroom, 1-bath light-filled unit with picturesque views of Lemon Bay. The kitchen opens to the living area, making the unit feel spacious and comfortable. The upstairs unit has sliders in the primary bedroom and kitchen that open to a lanai, gracefully integrating the indoor and outdoor living areas. Here, you can enjoy the balmy breezes over the bay while dining al fresco to the backdrop of beautiful Lemon Bay. A secondary bedroom is also available for additional sleeping quarters when needed. Unit 2-B is on the ground level and has been renovated, with an updated kitchen and bath. A large bedroom was designed to comfortably accommodate owners or their guests, with enough room for a King-sized bed. Sliders open to a covered patio featuring the picturesque view of Lemon Bay, where the dolphins play, and if you are lucky, you will spot a manatee basking in the sun. For added convenience, a washer and dryer are located in each unit, and impact windows and sliders have been installed throughout the building. 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. Boating enthusiasts will appreciate the community dock, which is available on a first-come basis. Shopping, restaurants, and boat rentals are readily available nearby. Both units are sold furnished, so what are you waiting for? Call today to schedule a private showing and prepare to be captivated by the allure of Manasota Key and its laid-back beach vibe, where your vacation never has to end. PLEASE NOTE: In addition to Units 2/A-2/B, Units 1/A-1/B (MLS# D6141045), 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 (8 of 10 units) ownership in the complex.

Listing Agent

Terri Hesse

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3320488 Listed on: 05/21/2025

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

Parking

  • 2 Assigned Parking Spaces

Home Design

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

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • White Water Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Seawall
  • Balcony
  • Deck
  • Enclosed patio or porch

Location

  • Flood Zone Lot

Schools

  • Englewood Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, pest control, trash
  • Palm Bay Community
  • Palm Bay Subdivision
  • On-Site Maintenance

Amenities

  • Community Mailbox

Pet Policy

  • No limit on the number of pets

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, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • 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: 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 the right onto Dolphin Cove and drive to the end of the lane. The Palm Bay complex, units 2/A (second floor) and 2/B (first floor), will be directly in front of you.
  • Status: Active
  • Street Direction: N
  • Co List Office Mls Id: MFR256030010
  • Co List Office Phone: 941-698-0303
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037924
  • Minimum Lease: No Minimum
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 325.46
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Dock,Fishing,Water Access
  • Attribution Contact: 941-698-0303
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 5041
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 142.70
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: LEMON BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Gravel
  • Water Access: Bay/Harbor
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 120
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0178F
  • Water Frontage Feet Bay Harbor: 120

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox
  • Association Amenities: Maintenance
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: 3
  • Condo Fees: 1050
  • Condo Land Included YN: 1
  • Max Pet Weight: 999
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 350
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

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

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: MMF10
  • Parcel Number: 411902634002
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Lot Dimensions: 23x38x23x38
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 82

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5463.97
  • Tax Book Number: 3-51 A-B
  • Tax Lot: 2

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

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 $5,607 $280,704 -- $280,704
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 $4,615 $287,232 $0 $0
2016 $4,607 $282,010 $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
05/21/2025 05/21/25 For Sale $499,900 -- $325 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $319,000 Attorney
Warranty Deed $225,000 Community Title & Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Stellar MLS

MLS Number: D6142352

Stellar MLS

APN: 411902634002