Active

$1,890,000

Features:
  • 6 Bedrooms
  • 5 Bathrooms
  • 3174 sq ft
Overview
  • ID: MFRC7516783
  • Bedrooms: 6
  • Bathrooms: 5
  • Size: 3174 sq ft
Property Details
Remarks
Own Your Own Mini Resort on Manasota Key! Welcome to Gecko House — an exceptional investment opportunity on Manasota Key! This fully updated, turnkey quadplex with DEEDED BEACH AND BAY ACCESS offers the ultimate resort-style experience complete with a heated pool, dock, and kayak launch! The fully operational business boasts 5-star reviews and a calendar full of upcoming rentals. This one-of-a-kind property has been meticulously maintained and designed to provide both guests and owners with a true slice of paradise and exceptional income potential. Nestled among mature coastal landscaping, graceful bamboo, and stately oak trees, this private tropical haven creates a serene and secluded atmosphere that sets it apart from other properties on the Key. The entire top floor (Unit 3) showcases a spacious 1,419 sq. ft. residence with two oversized bedrooms, two full baths, a modern open kitchen, private laundry room, and a large sunny balcony for evening relaxation. Formerly used as an owner’s seasonal retreat, this luxurious space has also generated excellent short-term rental income thanks to its appeal for families and extended stays. The first floor features three additional turnkey rental units, each with private entrances, that have achieved outstanding reviews and a perfect 10 rating on short-term rental platforms. Unit 1 offers 2 bedrooms and 1 bath, Unit 2 includes 1 bedroom and 1 bath, and Unit 4 is a charming efficiency with 1 bedroom and 1 bath. Each unit features a fully stocked kitchen, new appliances, completely updated interiors, and new stylish furnishings. Step outside to the adjoining parcel where your guests will enjoy the private heated saltwater pool—a rare find in this area—set in a fenced, resort-style courtyard surrounded by lush tropical foliage, ample seating, umbrellas, and vibrant landscaping. Additional outbuildings provide fully stocked storage for beach chairs, buggies, umbrellas, and supplies, while on-site laundry facilities are available for guest convenience. An on-site, conditioned and fully stocked supply shed for the maintenance and cleaning crew is also included. Guests love the unbeatable location: just steps from the private deeded beach access along a shaded, well-maintained path reserved for owners and guests, and a short stroll to the bay side kayak launch with a shared dock, where they can enjoy fishing, paddleboarding, kayaking, or watching the sunrise over Lemon Bay. The property is also within easy biking distance of local restaurants, beach shops, and public beach access points. Whether you’re seeking a high-earning investment property or your own boutique coastal retreat, this fully functioning and consistently rented mini-resort offers the perfect blend of lifestyle and return. Paradise, income, and opportunity—all in one incredible property on Manasota Key.
Financial Considerations
Price:
$1,890,000
HOA Fee:
N/A
Tax Amount:
$15541.05
Price per SqFt:
$595.46
Tax Legal Description:
ZZZ 024119 P17-3 02 41 19 P-17-3 A LOT 91.63 FT X 110 FT LYING 155 FT E OF CO RD R/W BEING PART OF S 91.63 FT OF N 383.25 FT OF SEC 2-41-19 AKA P-17-3 322/560 549/199 588/93 627/742-744 E1196/311 DC1794/949-JWR AFF1813/1003 3070/1898 3266/1647
Exterior Features
Lot Size:
13708
Lot Features:
Cul-De-Sac, Flood Insurance Required, FloodZone, Irregular Lot, Landscaped, Oversized Lot, Private, Street Dead-End
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Guest, Off Street
Roof:
Shingle
Pool:
Yes
Pool Features:
Heated, Lighting
Interior Features
Bedrooms:
6
Bathrooms:
5
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1974
Construction Type:
Block, Concrete, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Outbuildings, Courtyard, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    5075 N BEACH RD #B4
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