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$4,180,000

1120 Gulf Boulevard Englewood, FL 34223 Multi Unit - Multiple Active

  • 1120 Gulf Boulevard , Englewood, FL 34223 Main Photo

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Description

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.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Garage: 2
Heating: Central, Space Heater
Lot Size: 0.40 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $17,580
Year Built: 1960

General Information

Bedrooms: 12
Sqft: 5,151
County: Charlotte
High School: Lemon Bay High
Subdivision: ENGLEWOOD SHORES
Listed By:
Carla Stiver, PA RE/MAX ALLIANCE GROUP 941-473-8484

Amenities

Ceiling Fans(s)
Open Floorplan
Stone Counters
Thermostat
Vaulted Ceiling(s)
Window Treatments
Hurricane Shutters
Lighting
Outdoor Grill
Outdoor Shower
Private Entrance
Rain Gutters
Sidewalk

Property Features

Annual Net Income: 341272.00
Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Directions: From the intersection of SR 776 (McCall Road) and Beach Road, drive west on Beach Road over the bridge to Manasota Key, continue to the roundabout, take the second exit, Gulf Boulevard south, and follow it to 1120 Gulf Blvd, Englewood, FL 34223 on your ri
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Terrazzo, Tile
Foundation: Slab
Garage Dimensions: 20x24
Home Warranty Y/N: No
Listing Terms: Cash, Private Financing Available
Lot: In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Paved
Lot Dimensions: 0.4
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Off Street, Reserved
Parking Notes: Circular Driveway, Driveway, Garage Door Opener, Golf
Patio/Porch: Patio, Porch, Rear Porch, Screened
Pets Allowed: Yes
Pool: Gunite, In Ground, Screen Enclosure
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access: Beach - Access Deeded
Water Access Y/N: Yes
Water View: Gulf/Ocean - Partial
Windows: Shades, Window Treatments
Zoning: MMF7.5
$4,180,000
12beds
5,151sqft
2cars
New to the Market Active
BEDS12 BATHS SQUARE FEET5,151 MLS#D6147829
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONENGLEWOOD SHORES

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1120 Gulf Boulevard , Englewood, FL 34223.

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Estimated Payment

$ 16,782.61 per month $14,098.44 Principal & Interest $1,465.00 Property Tax $1,219.17 Homeowner's Insurance

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About this area

Florida/Englewood
Englewood

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About Englewood

Englewood is located south of Sarasota, and north of Venice. This community offers a wide variety of home styles and price ranges. It’s tucked away, yet still provides easy access to the arts and cultural amenities that make this area so popular. Nature is abundant, and with a strong school system, it’s also great place for families. One of the highlights in Englewood is Manasota Key Road. It boasts luxurious properties that are Gulf- front on one side and bay-front on the other.


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