Listing Details for MLS # D6139040
Residential Villa Real Estate in Englewood, Fl 34223

Residential Property - Villa in Englewood

Description of Property

Discover this charming 2-bedroom, 2-bathroom villa located in the highly desirable Admiralty Villas community on Manasota Key in Englewood, Florida. Offering a rare chance to create your dream coastal retreat, this property comes with a unique history and a promising future. **Property Highlights:** - **2 Bedrooms, 2 Bathrooms**: Spacious layout ready for your custom renovations. - **Prime Location**: Admiralty Villas is a coveted community offering private beach access, a heated pool, and beautifully maintained grounds. - **Hurricane Remediation Completed**: Following damage from Hurricanes Helene and Milton, all necessary tear-outs and clean-up have been professionally handled, including removing bottom cabinets, sheetrock up to 4 feet, doors, frames, and vanities. **Additional Information:** - **Proactive Sellers**: After Hurricane Ian, sellers handled their own renovations, signed waivers, and were reimbursed the maximum amount based on what was received from insurance proceeds to bring the unit back to its original form before the storm This process highlights the flexibility and support offered in similar scenarios. - **Insurance Benefits for New Owners**: - All insurance payouts related to Helene and Milton will be issued to the HOA. Once all units have been assessed by the insurance company, the funds will be available for each unit that received damage. That amount will be determined by the insurance company. EXAMPLE: If insurance estimated $80,000 in damages/repairs, the HOA will issue $80,000 to the owner. - **Community Commitment**: Sellers have paid the $2,000 assessment following Ian, and professional teams have ensured thorough remediation for both recent hurricanes. This villa presents an exceptional opportunity for buyers looking to customize a home in paradise. Enjoy the chance to transform this space into your own sanctuary while benefiting from insurance proceeds and the groundwork already laid for restoration. Seize this opportunity to own in a premier Gulf-front community and create the Florida retreat of your dreams!