Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1951
Sq.Footage
2,621
Prime Gulf Coast investor opportunity—price-reduced 6-unit multifamily property in Englewood, FL, just steps from Lemon Bay and about 2 miles from Gulf beaches. Formerly part of the Englewood Lighthouse Resort, this well-maintained asset offers three newer roofs and fully furnished units for a turnkey acquisition. The property features six rentable units, including two standalone cottages with terrazzo flooring, private patios with sunset ambience, and adjacency to Lemon Bay Park with public boat launch, walking trails, and picnic areas. Flexible configuration supports multiple income strategies, from seasonal and short-term rentals to annual tenants. Located roughly 1.5 miles from historic West Dearborn Street with shops, dining, and entertainment, this coastal multifamily combines lifestyle appeal, proven rental demand, and value-add potential, including possible future amenity upgrades such as a pool, spa, or refreshed outdoor recreation areas.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Cathedral Ceiling(s), Vaulted Ceiling(s)
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Space Heater
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Other Exterior Features
Courtyard, Garden, Outdoor Grill, Storage
-
Parking
Circular Driveway, Common, Off Street
-
Patio and Porch Features
Enclosed, Patio, Rear Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Water, Garden
Area & Lot
-
Lot Features
Near Public Transit, Paved
-
Lot Size(acres)
0.51
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$700,000
-
Tax Amount
10056.84
-
Sq. Footage
2, 621
-
Price/SqFt
$267
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Association Amenities
Shuffleboard Court
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Middle School
High School
Listing Courtesy of Joseph Mooradian , REAL BROKER, LLC
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