115 FRIENDSHIP LN new Save Request In-Person Tour Request Virtual Tour
Englewood,FL 34223
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,146 sqft
Price per Sqft $289
Subdivision S J Chadwicks Resub 01
MLS Listing ID D6142396
HOA Y/N No
Year Built 1946
Annual Tax Amount $17,938
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 100' x 85' x 100' x 85'
Property Sub-Type Multi Family
Source Stellar MLS
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.
Location
State FL
County Charlotte
Community S J Chadwicks Resub 01
Area 34223 - Englewood
Zoning MSF5
Rooms
Other Rooms Inside Utility
Interior
Interior Features Living Room/Dining Room Combo
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Luxury Vinyl
Furnishings Turnkey
Fireplace false
Appliance Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Laundry Inside
Exterior
Exterior Feature Rain Gutters
Pool Gunite,Heated,In Ground
Utilities Available BB/HS Internet Available,Electricity Available,Electricity Connected,Public,Sewer Available,Sewer Connected,Water Available,Water Connected
Water Access Yes
Water Access Desc Beach - Access Deeded
Roof Type Shingle
Porch Patio
Attached Garage false
Garage false
Private Pool Yes
Building
Lot Description FloodZone,Paved
Foundation Other
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://cmsphotography.hd.pics/115-Friendship-Ln/idx