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Description
Prime Gulf Coast investor opportunity-price-reduced 6-unit multifamily property in Englewood, FL, just steps from Lemon Bay and about 2 miles from Gulf beaches. Formerly part of the Englewood Lighthouse Resort, this well-maintained asset offers three newer roofs and fully furnished units for a turnkey acquisition.The property features six rentable units, including two standalone cottages with terrazzo flooring, private patios with sunset ambience, and adjacency to Lemon Bay Park with public boat launch, walking trails, and picnic areas. Flexible configuration supports multiple income strategies, from seasonal and short-term rentals to annual tenants.Located roughly 1.5 miles from historic West Dearborn Street with shops, dining, and entertainment, this coastal multifamily combines lifestyle appeal, proven rental demand, and value-add potential, including possible future amenity upgrades such as a pool, spa, or refreshed outdoor recreation areas.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric, Space Heater
Lot Size: 0.51 Acres
Roof Type: Built-Up, Shingle
Stories: 1.0
Taxes: $10,056
Year Built: 1951
General Information
Bedrooms: 5
Sqft: 2,621
County: Sarasota
Subdivision: TYLER & DARLING
Listed By:
Joseph Mooradian
REAL BROKER, LLC
855-450-0442
MLS ID: O6328016
Amenities
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Kitchen/Family Room Combo
Primary Bedroom Main Floor
Vaulted Ceiling(s)
Window Treatments
Courtyard
Garden
Outdoor Grill
Private Mailbox
Storage
Property Features
Additional Rooms: Inside Utility, Storage Rooms
Annual Net Income: 45928.00
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Association Amenities: Shuffleboard Court
Body of Water: LEMON BAY
Days on Site: 228
Directions: From the intersection of West Dearborn St & Indiana Ave, head south to Horton Ave and go right. Take an immediate right on S McCall Rd. The property will be the 2nd on the left, and use the 2nd driveway on the north side of the property.
Exterior: Concrete, Stucco
Flood Zone Code: AE, X
Flooring: Ceramic Tile, Terrazzo
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Other, Special Funding
Lot: FloodZone, Near Public Transit, Paved
Lot Dimensions: 0.51
Ownership: Fee Simple
Parking: Circular Driveway, Common, Off Street
Parking Notes: Circular Driveway, Common, Off Street
Patio/Porch: Enclosed, Patio, Rear Porch
Pets Allowed: Yes
Pets Restrictions: As per new owner or local municipaly restrictions.
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, ShowingTime
Special Sale Provisions: Real Estate Owned
Units: 6
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Water View: Bay/Harbor - Partial
Windows: Blinds, Drapes, Shades
Zoning: RMF2
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784 S Mccall Road, Englewood, FL 34223.
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Estimated Payment
$ 3,311.54 per month $2,276.66 Principal & Interest $838.00 Property Tax $196.88 Homeowner's InsuranceChange Payment Information
About this area
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.