4424 N CANAL CIR

About this home

TWO HOMES. ONE PROPERTY. ENDLESS POSSIBILITIES. NO HOA! Discover a rare opportunity in Waterway Estates! This exceptional property offers two spacious living residences under one roof, making it ideal for multigenerational living, hosting extended family, or creating an additional rental-income opportunity. The expansive upper residence features 4 bedrooms, 2 bathrooms, an impressive open floor plan, and beautiful real wood flooring throughout the living room and bedrooms. The lower residence offers its own beautifully upgraded kitchen and bathroom, luxury vinyl flooring throughout, spacious bedrooms, and an open, comfortable layout with added privacy. Step outside and discover the showstopper: a magnificent 35’ x 15’ heated Roman-style swimming pool, complemented by a circular spa that gracefully overflows into the pool, creating a relaxing cascading-water feature. It’s the perfect setting for entertaining, unwinding, and enjoying beautiful Florida evenings. Energy efficiency is another standout feature. The property includes a solar panel system installed in 2022, valued at over $60,000, which transfers to the new owner. The current owner reports years without an electric bill and even received a $500 credit from LCEC last year. Actual savings will depend on usage and the utility agreement. Additional improvements include a roof recertification in 2023, pool resurfacing in 2023, pool heater in 2021, and three HVAC systems installed in 2012, 2022, and 2023. The water heater was replaced in 2016. Enjoy a low-maintenance outdoor setting with just enough green space for your four-legged family members. And if you love fresh mangoes, you’ll appreciate the enormous mango tree that produced more than 200 mangoes last season! The lower residence was previously operated as an Airbnb and reportedly enjoyed strong seasonal bookings, offering an opportunity for buyers interested in exploring rental income, subject to applicable regulations. Boating enthusiasts will appreciate the Waterway Estates location and the property’s boating features. The boat lift needs repair, and the asking price reflects this consideration. Two living spaces, a spectacular pool and spa, substantial solar investment, no HOA, and room for everyone. Opportunities like this deserve a closer look. Schedule your private showing today and discover everything this unique Florida property has to offer!