Active

$950,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 2621 sq ft
Overview
  • ID: MFRO6306945
  • Bedrooms:
  • Bathrooms: 0
  • Size: 2621 sq ft
Property Details
Remarks
Incredible Investor Opportunity for this 6 unit, multi-family property in highly desirable Englewood location just steps from Lemon Bay, 1.5 miles from all the shops and restaurants on historic Downtown Dearborn Street and a short 2 mile drive to the world famous sandy beaches of Manasota Key! Comprised of six 1 bed/1 bath cottages, the four detached buildings are grouped around a central public courtyard with multiple patio areas, built-in BBQs and a shuffle board court. For over 20+ years this signature property was part of the Englewood Lighthouse Resort and exudes old Florida charm with a lighthouse theme throughout. It's literally just steps from the Lemon Bay Sunrise Park with a public boat launch, picnic pavillion and restroom facilities. Three of the buildings have just received brand new roofs in 2025 and all units come fully furnised. The two stand alone cottages on the western side of the property feature original terrazzo floors and large back patios with views of the gorgeous sunsets over Lemon Bay. Uses include both long term rentals or possible vacation rentals. Increase the value by adding a pool or hot tub to the central courtyard. Now is your opportunity to own this piece of the old world, laid back Florida beach life that has been wooing locals and enticing snowbirds for years. This rental property is truly for those that embrace the Salt Life!
Financial Considerations
Price:
$950,000
HOA Fee:
N/A
Tax Amount:
$10056.84
Price per SqFt:
$269.12
Tax Legal Description:
ELY 185 FT OF LOT 2 & PORTION OF LOT 1 DESC AS COM AT NE COR LOT 1 TH N-86-49-51-W 70.27 FT FOR POB TH S-03-10-09-W 3.54 FT TH N-84-29-23-W 45.73 FT TH N-03-10-09-E 1.67 FT TH S-86-49-51-E 45.69 FT
Exterior Features
Lot Size:
22333
Lot Features:
Landscaped, Oversized Lot, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 6 to 12
Roof:
Built-Up, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
None
Cooling:
Wall/Window Unit(s)
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
Ceramic Tile, Terrazzo, Tile
Levels:
One
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1951
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Undetermined
Pets Allowed:
No
Special Condition:
Real Estate Owned
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    784 S MCCALL RD
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