17 Southwind Dr, Englewood, FL 34223

HUGE REDUCTION! OFF MARKET! Waterfront Investment Gem with Massive Potential – 17 Southwind Dr, Englewood, FL 34223

 $424,900 (Significant Price Reduction!)

This 2-bedroom, 2-bathroom waterfront home situated on a sprawling 10,500 sq ft lot in the highly desirable Englewood market represented an exceptional opportunity for astute investors and those seeking prime waterfront living with income-generating potential. Located directly on Lemon Bay on a private cul-de-sac peninsula, surrounded by multi-million dollar residences, this property boasted an unbeatable location ripe for transformation.

Previously Highlighted Investment & Lifestyle Advantages:

• Premier Waterfront Location: Enjoy direct access to the sparkling waters of Lemon Bay from your private dock, perfect for boating enthusiasts and those who appreciate breathtaking water views.
• Elite Neighborhood: Nestled amongst high-end homes on a tranquil cul-de-sac peninsula, ensuring significant future value appreciation.
• High-Income Airbnb Potential: Its proximity (walking or biking distance) to the vibrant Dearborn Street entertainment district made this property an ideal candidate for a lucrative Airbnb venture.
• Solid Infrastructure & Recent Upgrades: Benefit from a brand new HVAC system, a relatively new roof (4 years old), and an updated 200 amp electrical panel. The electrical and plumbing systems had also been inspected and cleared.
• Functional Layout: The existing home featured 2 bedrooms, 2 bathrooms, a dedicated office space, a convenient laundry room, and a serene screened lanai offering picturesque water views.
• Abundant Parking: The wraparound driveway provided ample parking space for multiple vehicles and even boats or trailers.
• Value-Add Renovation Opportunity: While the property experienced 6′ flood cuts from a recent storm (and was in the process of recovery), the remaining renovation needs (drywall, kitchen, 2 bathrooms, flooring, and cosmetic finishes) allowed for a complete customization and the potential to significantly increase its market value.