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698 & West Perry St W, Englewood, FL, 34223

5beds
2baths
2,148sqft
$375,000
$175price/sqft
$2,970/moest. monthly cost
$118,800/yrincome needed

About This Home

Rare Opportunity in the Heart of Old Englewood! Located just moments from Dearborn Street, this 5-bedroom, 2-bathroom hurricane-distressed home offers an exceptional opportunity for restoration or new construction. The concrete block lower level has been gutted, providing a blank canvas for renovation, while the upper level remains intact, featuring 2 bedrooms and 2 bathrooms that did not sustain water intrusion. With a 2-car garage and ample space, the possibilities are endless! This property also comes with an ADDITIONAL ADJOINING PARCEL, creating even more potential for expansion, privacy, or future development, making this a truly unique opportunity. Whether you choose to restore the existing home or build an elevated dream home, you'll enjoy breathtaking views of the canal and Lemon Bay, the perfect setting for sunset watching. The prime location is unmatched—just minutes from vibrant shops, restaurants, and stunning Gulf beaches. Don’t miss your chance to create your ideal private retreat or investment property in one of Englewood’s most desirable neighborhoods!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Concrete,Wood Frame (FSC Certified),Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Inside

Bathroom2

  • Level: Second

Bedroom2

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: Second

Bedroom3

  • Features: No Closet
  • Level: First

Bedroom4

  • Features: No Closet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Linoleum,Terrazzo

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 3,137
  • Total interior livable area: 2,148 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bathroom

  • Features: Dual Sinks,Shower No Tub
  • Level: Second

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Built-in Closet
  • Level: Second

Property

Details

  • Parcel number: 0497120033
  • Zoning: RSF2
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Storage
  • Has view: Yes
  • View description: Bay/Harbor - Full,Canal
  • Has water view: Yes
  • Water view: Bay/Harbor - Full,Canal
  • Waterbody name: LEMON BAY

Lot

  • Lot size: 0.90 Acres
  • Features: Cleared

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$633$7,596
Property Taxes $225$2,700
Electricity $216$2,594
Total$2,970$35,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,828/yr
40% on housing$89,100/yr
45% on housing$79,200/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 34223$334
Sarasota County$346

vs Homes Sold Last Month

Median $/sqft

ZIP 34223$256
Sarasota County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-11Price change$375,000
2025-09-18Price change$450,000
2025-06-04Price change$500,000
2025-04-12Price change$650,000
2025-03-25Listed for sale$800,000

For Sale by Agent

AgentKathi Obendorfer, PA
BrokerageRE/MAX PALM REALTY OF VENICE

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