540 N Washington Dr
$1,800,000, 4 Beds 5 Baths 3,836 Sqft .37 Acres 2 Garages
About This Property
This home is ideal for an investor or developer who wishes to invest at today's price. Tenant is in place until June, 2019. As is, no inspections, no visits. The seller will consider financing. A desirable and convenient location to the world renowned St. Armand's Circle and to Lido Beach. Perfect either for a buyer looking to build their dream house within very close proximity to this fabulous location with their own boat dock or an investor. Property has generated consistent 4%-5% return over 5 years based on an annual unfurnished lease at $7,900/mo or furnished monthly seasonal lease of $10,000/mo during high season and $5,000/mo during low season. Minimum rental period is 8 days. This ranch style waterfront home is poised on a wide canal for the boating enthusiast. The covered boathouse is in pristine condition complete with a unique roofed boat-lift, as well as water and electrical service. Home features include all ground-floor level surface for those with reduced mobility, wood and tile floors, a remodeled kitchen, a gorgeous living room with a fireplace and 3 bedrooms on the first level. The ideal bedroom layout is perfect for live-in help or as a separate granny/mother-in-law flat. The oversized family room can accommodate a large family and has windows and views onto the canal and heated pool. The low maintenance yard has a deep well and includes a separate pool house with storage and a pool bath. Partially remodeled in 2011, with a new kitchen layout, AC, hurricane windows and pool deck.
Saint Armands Div John Ringling Estates
BB/HS Internet Avail, Cable Available, City Water, Electric, Private sewer, Private Utilities, Sprinkler Well
Close to Bus, Flood Zone, Garden View, In City Limits, Pool View, Sidewalk, Street Paved, Wooded View
Attic, Blinds/Shades, BuiltinFeatures, Crown Molding, Inside Utility, Smoke Alarm(s)
Built In Oven, Cook Top Only, Convection Oven, Dishwasher, Hot Water Electric, Microwave, Oven - Double, Range Hood, Refrigerator
Central, Fuel - Electric, Zoned/Multiple
Living Room, Wood Burning Fireplace
Detached, Split Level, Two Story
Fenced, Hurricane Shutters, Irrigation System, Mature Landscaping, Other, Outdoor Lights, Patio/Porch/Deck Open, Sliding Doors, Storage, Xeriscape
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Listing data comes from My Florida Regional MLS.
Listing information last updated on November 24th, 2017 at 6:48pm EST.