$1,199,999 for Sale
115 friendship lane , englewood, FL 34223
Beds 0 | Baths 0 | 4,146 Sqft | 0.21 Acres |
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Property Description
This is a rare and exciting opportunity to own a highly desirable income-producing property on Manasota Key, a serene and charming beach town ideally positioned between the Gulf of Mexico and Lemon Bay. With deeded beach and bay access, this unique six-unit compound offers guests and investors the best of both worlds—easy access to sun-soaked beaches and tranquil waters perfect for kayaking. The property features a total of six units spread across a triplex and two additional buildings, along with separate on-site laundry facilities. The triplex includes two 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit. Building 117 offers a 2-bedroom, 1-bath unit and two cozy studio apartments. Building 115, formerly a 2-bedroom, 1-bath unit, has sustained fire damage and is being sold in “as-is” condition, providing a blank canvas for its new buyer to customize it to their liking. All units are beautifully decorated with a fresh beachy vibe and are being sold turnkey furnished. They feature luxury vinyl plank (LVP) flooring installed in 2024, newer stainless steel appliances (2024–2025), updated kitchens with white shaker-style cabinetry, and pull-out sofa sleepers for additional guest accommodations. Most of the windows on the exterior perimeter are impact-resistant for added peace of mind. The pool pump and heater were replaced in 2024–2025, and the roofs were redone in 2020. Outdoor amenities are designed to enhance the guest experience, with a beautifully paved patio area, BBQ grills, outdoor showers, a ping pong table, chaise lounges, and dining tables. A spacious swim spa with massage therapy jets, installed in 2015, adds a luxurious touch. Guests also enjoy the use of four kayaks and a quiet seating area at the end of Friendship Lane—perfect for watching boats & dolphins cruise by. Manasota Key is a hidden gem along Florida’s Gulf Coast, renowned for its laid-back atmosphere, scenic beauty, excellent shelling, shark tooth hunting, and unforgettable sunrises and sunsets. With its close proximity to local restaurants and public beaches, the location is ideal for both vacationers and long-term guests. This property has a strong rental history through platforms like VRBO, Airbnb, and Booking.com, offering investors an attractive stream of passive income in a high-demand vacation area. Sold “as-is” with rights to inspection, this property presents a compelling opportunity for investors seeking reliable rental income, long-term appreciation, and the unique lifestyle that only beachfront living can offer.
General Information
Sale Price: $1,199,999
Price/SqFt: $289
Status: Active
MLS#: D6142396
City: englewood
Post Office: englewood
County: Charlotte
Subdivision: s j chadwicks resub 01
Acres: 0.21
Lot Dimensions: 100' x 85' x 100' x 85'
Bedrooms:0
Bathrooms:0
House Size: 4,146 sq.ft.
Acreage: 0.21 est.
Year Built: 1946
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Wood Frame
Exterior Misc: Rain Gutters
Pool: Yes
Pool Description: Gunite, Heated, In Ground
Basement: No
Foundation : Other
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Cooling: Wall/Window Unit(s)
Heating: Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $17,938
Legal Description: CWS 001 0000 0002 S J CHADWICKS RESUB #1 LOTS 2 & 3 & W10 FT OF LT 4 ORIG LT 7 885/1721 1124/68 CT1437/1495 1523/1559 1660/405 1955/438 2037/507 CD2059/1999 3556/812 3595/660 3792/387 3841/285

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Maryann Casey of MICHAEL SAUNDERS & COMPANY, Phone: 941-473-7750