215 Washington Ave

Englewood, FL 34223
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2 bd, 2 ba | 1,256 sqft | Built in 1962

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List Price
$165,000

Initial Investment

$44,963

Purchase Price

$165,000

Down Payment

25%

Rent

$2,230

Total Return

$124,175

Annualized Return

35.7%

Cap Rate

10.3%

Gross Yield

16.2%

Cash Flow

$7,002

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,340

HOA

None

Flood Risk

Not Required

The perfect fixer upper. This could be the ideal 2 bedroom 2 bath Englewood home for you. Situated in the sought after Palm View subdivision and only 6 blocks away from the water makes this home is ideal for the investor, second home buyer or a young family. The location is close to shopping, great beaches, wonderful restaurant's, top medical facilities and all of the characteristics of a small town in a big city. The property boasts a new roof, newer landscaping, large shed in the fenced back yard and the entire interior has been completely taken down to the studs. With a little bit of imagination and some planning you can turn this blank canvas into your reality. This home has a great zip code attached to it with award winning schools. This is your fixer upper in SWFL. Come and see the potential for this home!!!!!!!

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NEIGHBORHOOD

SCHOOLS

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$25,422

Expenses

-$6,360

Property Taxes

-$3,090

Loan Payments

-$8,970

Net Cash Flow

$7,002

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Arthur Destefano
Agent License 3317081
RE/MAX ALLIANCE GROUP
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7505999
Last Updated: 03/04/2025 11:03
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