Active

$849,900

Features:
  • 6 Bedrooms
  • 6 Bathrooms
  • 2940 sq ft
Overview
  • ID: MFRC7523325
  • Bedrooms: 6
  • Bathrooms: 6
  • Size: 2940 sq ft
Property Details
Remarks
Exceptional investment opportunity in a prime Englewood location! This unique multi-unit property offers incredible income potential with two separate buildings on site. The first building is a duplex, featuring two 1-bedroom, 1-bath units, while the second building is a triplex offering two additional 1-bedroom, 1-bath units and an upstairs, spacious 2-bedroom, 2-bath unit. With a total of five units, this property presents a fantastic opportunity for investors looking to renovate and maximize rental income or create a strong long-term portfolio asset. Situated in desirable Englewood, the property benefits from close proximity to beautiful Gulf beaches, boating, fishing, dining, and shopping, making it an attractive location for both long-term tenants and seasonal residents. The layout with multiple buildings provides flexibility for various rental strategies and the potential to significantly increase value through improvements. Whether you're looking to restore and hold for steady cash flow, create a vacation rental portfolio, or add a multi-unit property in a high-demand coastal market, this property offers the foundation for a rewarding investment. With the right vision, this Englewood property can be transformed into a standout income-producing asset. Enjoy the relaxed Florida island lifestyle nearby, with easy access to charming coastal restaurants, waterfront dining, boutique shops, and the laid-back atmosphere that makes the Englewood area such a sought-after destination.
Financial Considerations
Price:
$849,900
HOA Fee:
N/A
Tax Amount:
$8268.91
Price per SqFt:
$289.08
Tax Legal Description:
ESR 000 0000 0004 ENGLEWOOD SHORES LOT 4 RE SUB OF LOT 1 ENG SHORES 200-58 839/1016 1005-121 E1070-2030 1237/298 1341/718 1505/998 1804/2069 3655/382 4315/2161
Exterior Features
Lot Size:
9193
Lot Features:
Corner Lot, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Other
Roof:
Metal, Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
6
Heating:
None
Cooling:
None
Appliances:
None
Furnished:
No
Floor:
Ceramic Tile, Other
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1956
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
Real Estate Owned
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    1290 SHORE VIEW DR #5
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