Steeve Cadeau
$2,650,000$3,450,000$17,142 /mo all-in ↓

1 RASCHE ROAD, ENGLEWOOD, FL, 34224

Active397 days on marketListed Jul 1, 2025MLS #D6142920

Reduced $800KWaterfrontGROVE CITY

About this home

1 RASCHE ROAD

Spectacular bay front development opportunity. Over 330 feet of direct frontage on Lemon Bay with 2.3 +/- acres, zoned MHC (Manufactured Home Conventional). Gorgeous views of turquoise waters, stunning sunsets, endless wildlife, and phenomenal fishing. Potentials for subdividing into several large waterfront homesites, or developing multi-family residences. Stump Pass Marina and Lighthouse Grill are adjacent to the north and luxury residential bay front homes adjacent to the south. Multiple road frontages being on the corner of Maryland and Waterside Drive plus and Rasche Rd that runs through the property. Utility infrastructure includes 10 water meters and hookups, as well as electric service stubbed to the site. Fantastic location with the Gulf of America just minutes away, close Manasota Key and Englewood Beach, Palm Island, historic Boca Grande, Dearborn Street district, excellent dockage next door at Stump Pass Marina, lots of big shopping and restaurants close by. Englewood is a high growth area with tremendous commercial and residential development. HW41, Venice, Sarasota, and North Port are quick, easy drives to the north.

Facts & features

The home at a glance

2.35 ac

Lot size

WaterfrontWater view

Inside

Outside & construction

ViewWater
FacesNortheast

Community & fees

Taxes (2024)$20,273/yr

Utilities & systems

UtilitiesElectricity Available · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$17,142 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$14,299
PMI (est., until 20% equity)$994
Property tax — 2024 actual bill$1,689
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $265,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $265,000
Interest rate6.00%
Loan term

Estimated payment

$17,142/mo

Principal & interest$14,299
PMI (est., until 20% equity)$994
Property taxes (actual bill)$1,689
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Englewood

Map of 1 RASCHE ROAD

Get to know Englewood. See the full Englewood guide →

ENGLEWOOD 34224 — neighborhood snapshot

Population

15,971

Median age

63.6

Median income

$56,862

Median home value

$262,200

Avg household

2.02

Households w/ children

795

For the school run

Charlotte County School District

HighLemon Bay High School★★★★★
MiddleL. A. Ainger Middle School★★★★★
ElementaryVineland Elementary School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Englewood market

Seller’s marketLeans seller4.9 months of inventoryBuyer’s market

$320K$333K

Englewood median sold, yr/yr

94.5%

Sale-to-list ratio (12 mo)

Median sold price, Englewood, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 3036% above the ENGLEWOOD 34224 median. See the full Englewood market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,650,000 $800K
Jul 1, 2025Listed at $3,450,000 · 397 days on market since

Reality check

What actually sold near 1 RASCHE ROAD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3220 HOLLY AVENUESold · Aug ’25

$125,000

3220 HOLLY AVENUE · same community

1 bd · 1 ba · 384 sqft · $326/sqft · 115 DOM

3141 10TH STREETSold · Mar ’26

$184,000

3141 10TH STREET · same community

2 bd · 1 ba · 816 sqft · $225/sqft · 41 DOM

3000 BOURBON STREETSold · Jun ’26

$270,000

3000 BOURBON STREET · same community

2 bd · 2 ba · 988 sqft · $273/sqft · 84 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 1 RASCHE ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1 RASCHE ROAD — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

1 RASCHE ROAD FAQs

What would the monthly payment be for 1 RASCHE ROAD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $17,142/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1 RASCHE ROAD?+

The most recent tax bill on record (2024) was $20,273. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Englewood?+

At $2,650,000, this home is listed about 618% above the Englewood median of $369,302. The market section on this page shows how the area is trending.

Which schools are assigned to 1 RASCHE ROAD?+

Lemon Bay High School (high), L. A. Ainger Middle School (middle), Vineland Elementary School (elementary) — Charlotte County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$2,650,000 runs 3036% above the ENGLEWOOD 34224 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

397 days on market against a Englewood median of 59 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Lemon Bay High School, L. A. Ainger Middle School, Vineland Elementary School — Vineland Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $3,450,000, now $2,650,000 — a $800K cut. The full history is in the market section below.

Listing courtesy of MICHAEL SAUNDERS & CO. - BOCA · John Harms. MLS #D6142920.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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1 RASCHE ROAD, ENGLEWOOD, FL — $2,650,000 | CENTURY 21 Edge