About 1255 S Maryknoll Road
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Seller has an assumable FHA Loan at 2.75% that can be yours! This 3-bedroom, 2-bathroom, 1,456 sq. ft. home is more than just a renovation project—it’s an opportunity to create a versatile property in one of Florida’s fastest-growing Gulf Coast towns. Whether you envision it as a high-performing short-term rental on VRBO or Airbnb, a steady long-term investment, a seasonal retreat, or a full-time family home, this property offers the flexibility to match your goals and generate impressive returns. With Englewood’s rising demand for rentals and vacation homes, the cap rate potential on this home makes it an attractive choice for savvy buyers.
The interior drywall has already been removed, giving you a clean slate to craft a layout and design that captures your vision. Major updates are already complete—including a brand-new roof installed in 2024, full sewer redrain, and foundation repairs—all done with permits. The heavy lifting is finished, leaving you free to focus on finishes that elevate both function and value. Remodeling this property could unlock its full income potential while creating an interior that appeals to both vacationers and future buyers.
Outside, an oversized driveway offers plenty of parking for guests, boats, or RVs, while a fenced yard with a storage shed invites endless possibilities for relaxation or tropical landscaping. Imagine adding a patio or pool to complete the coastal retreat experience—ideal for seasonal visitors or vacation rental guests returning year after year.
Life in Englewood is defined by its white-sand beaches, turquoise Gulf waters, and welcoming community spirit. From boating and fishing adventures to boutique shopping, art galleries, and fresh seafood dining, this coastal town has become a sought-after destination for both residents and tourists. As Englewood continues to grow, thoughtfully remodeled homes like this stand to appreciate quickly, offering both lifestyle benefits and strong investment performance.
Whether you’re an investor seeking strong rental income, a flipper aiming for a lucrative resale, or a homeowner ready to design your perfect beach-town getaway, this property delivers the location, structural updates, and growth potential to make your vision a reality.
