$5,500,000
For Sale

1288 & 1290 SHORE VIEW DRIVE

Englewood, FL 34223
9039 sqft | 17 beds | 61.00 acres | #N6134497
Browse 99 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This is a rare chance for investors looking to expand their real estate portfolio on picturesque Manasota Key. The property is offered as a package of three lots, 1288 Shore View Drive, 1290 Shore View Drive and 1410 Gulf Blvd, featuring a total of 15 updated, fully furnished units, including one Fourplex, one Fiveplex, and one Sixplex. With 17 bedrooms, 2 studios, 19 bathrooms, and an office space conveniently located at the front for walk-ins, this property is ready for immediate income generation. Additionally, it includes 3 laundry rooms, each equipped with washer/dryer sets. Every unit has been carefully updated and meticulously maintained, with recent improvements including hurricane-impact windows and doors, metal roofs, updated electrical panels, A/C units, flooring, kitchen cabinets, countertops, appliances, and more. Original terrazzo flooring in select ground-floor units has been beautifully preserved, adding a nostalgic touch to the modern updates. This turnkey property is fully furnished, providing everything from linens and toiletries to kitchen essentials, TVs, bikes, paddleboards, and outdoor surfboard showers. Each unit is thoughtfully equipped with patio furniture, enhancing the open floorplan and creating inviting spaces for relaxation. Located in a peaceful, laid-back beach town with no fast-food chains or traffic lights, this property offers the perfect retreat for families, couples, or groups of friends. Experience stunning sunrises over Lemon Bay and vibrant sunsets over the Gulf of Mexico. The pristine white-sand beaches of Manasota Key are just moments away, offering endless opportunities for exploration. Outdoor activities abound with onsite bikes, kayaks, and paddleboards, while the lush, tropical surroundings provide an idyllic backdrop for grilling, chilling, and quality time with loved ones. Local restaurants offering fresh seafood and live music complete the experience, making this property the ultimate slice of paradise.

  • Interior Details
      • InteriorCeiling Fans(s), Kitchen/Family Room Combo, Solid Surface Counters, Window Treatments
    • Beds & Baths
      • Bedrooms17
  • Property Details
      • Exterior MaterialsBalcony, Courtyard, Outdoor Grill, Outdoor Shower, Storage
      • Lot DescriptionCorner Lot, Near Marina, Oversized Lot, Sidewalk, Paved
    • Measurements
      • Square Feet9039
      • Acres61
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1954
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionENGLEWOOD SHORES
    • Location
      • CountyCharlotte
  • Financial Details
      • Original List Price$5,500,000
      • Taxes Annual$16,667
      • Days on Market (Cumulative)34
  • Other
      • MLS #N6134497

Location

William Barnes | BrokerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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