Commercial $ 4,180,000

1120 GULF BLVD

Englewood, FL 34223

  • 5,151 SqFt
  • 0.4 Lot Size
  • 1960 Year Built
Established 7-Unit Short-Term Vacation Rental Property on Manasota Key! Rare opportunity to purchase an established licensed short-term vacation rental property currently accommodating nightly, weekly, monthly, and seasonal rentals on the desirable southern end of Manasota Key. Offered as a package, the property consists of two adjacent buildings with a total of seven rental units. The Main House is a two-story building featuring five remodeled rental suites, including three 1-bedroom, 1-bathroom suites, one 2-bedroom, 1-bathroom suite on the lower level, and a spacious 3-bedroom, 2-bathroom suite occupying the entire upper level. The lower-level suites feature open floor plans, updated kitchens with granite countertops and stainless-steel appliances, updated bathrooms with tiled walk-in showers, and private outdoor patios. The upper-level 3-bedroom, 2-bathroom suite provides flexibility for owner occupancy or additional rental income and features a full kitchen, living area, ensuite primary bedroom, private balconies, and partial Gulf views. The Pool House is a renovated single-story duplex featuring two side-by-side 2-bedroom, 1-bathroom suites connected by a shared screened front porch and offering access to a private heated swimming pool and tiki bar area. Designed to create a memorable guest experience, the property features lush tropical landscaping, evening landscape lighting, private patios and outdoor seating areas for each suite, outdoor dining spaces, Weber grilling stations, outdoor showers, shell and shark tooth cleaning stations, on-site laundry facilities, and Wi-Fi. A two-car gathering garage provides additional guest space with lawn games, a full-size refrigerator with a freezer, a large-screen TV, and seating for 32. The Pool House offers even more amenities with a private heated swimming pool, tiki bar gathering area, and outdoor entertainment space. This setup allows for a multitude of rental options for large groups, families, or the single couple looking for a peaceful vacation spot. Located on the southern end of Manasota Key, the property is within walking distance of nearby beach access and just moments from Stump Pass Beach State Park. Guests enjoy convenient access to Gulf beaches, boating, fishing, shelling, wildlife viewing, waterfront dining, tiki bars and nightly entertainment, marinas, shopping, golf courses, and numerous local attractions. Few properties offer the combination of scale, flexibility, guest amenities, and island charm found in this unique Manasota Key investment offering, creating an exceptional opportunity in today's vacation rental market.
Listed by RE/MAX ALLIANCE GROUP

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Multi-Family 5+

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5, 151 sqft

    Price per Sqft $811

    Subdivision Englewood Shores

    MLS Listing ID D6147835

    HOA Y/N No

    Year Built 1960

    Annual Tax Amount $17,580

    Lot Size 0.400 Acres

    Acres 0.4

    Lot Dimensions 100x175

    Property Sub-Type Multi-Family 5+

    Source Stellar MLS

  • Location

    State FL

    County Charlotte

    Community Englewood Shores

    Area 34223 - Englewood

    Zoning MMF7.5

  • Building

    Lot Description Landscaped, Near Golf Course, Oversized Lot, Paved

    Story 2

    Entry Level Two

    Foundation Slab

    Lot Size Range 1/4 to less than 1/2

    Sewer Public Sewer

    Water Public

    Structure Type Block,Stucco

    New Construction false

  • Interior

    Cooling Central Air, Wall/Window Unit(s)

    Flooring Terrazzo, Tile

    Appliance Dryer, Microwave, Refrigerator, Washer

  • Exterior

    Parking Features Ground Level

    Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected

    View Y/N Yes

    Water Access Yes

    Water Access Desc Beach - Access Deeded

    View Gulf/Ocean - Partial

    Roof Type Shingle

    Exposure Northeast

  • Others

    Ownership Fee Simple

    Acceptable Financing Cash, Commercial Financing, Private Financing Available

    Listing Terms Cash, Commercial Financing, Private Financing Available

    Special Listing Condition None

    Virtual Tour https://drive.google.com/file/d/1-_0oU6Q5SamOBhw0Jk54o6o2TcrfNLCO/view?usp=drive_link

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Carla Stiver
Carla Stiver

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