Estimated Monthly Payment: $111,707/mo Englewood, FL 34223 MLS# A4180594 Commercial Listing Status: Active
50,175 sqft
584
975
0
116

REMARKS:

Nestled between the Gulf of Mexico & Lemon Bay and adjacent to Stump Pass State Park are 5.3 Ac on Manasota Key, a barrier island, in Englewood FL, with 800+ ft beach frontage, 450+ ft bay frontage and 1,200+ ft road frontage. This waterfront resort property is comprised of 16 bldgs (75,000+ Gross SF) with a total of 80 units (efficiency, 1, 2, & 3 Bdrm); 2 heated pools; 4 cabanas, 2 laundry rms; office: & 3 docks (power & water) to accommodate 38 boat slips. Within the past 5 years the owner has breathed total new life into a once faded property. Guests have returned to relive their family memories and experience world class fishing, boating, paddle boarding, kayaking, swimming and watching Florida sunsets on the beach. The exterior & interior of the bldgs have been refurbished with a new look-including extensive landscaping & paver parking areas. All units have full kitchens and are decorated in retro-style furnishings. Included is a 2nd parcel on the bay recently acquired for future units -zoned SFR/MMF7.5. Surveys are available

OVERVIEW:

Commercial
Multi-Family
Active
1961
Built-Up, Shingle
Concrete, Stucco
50175
204395
4.69
Fire Hydrant, Waterfront
Two + to Five Acres
Over 30 Spaces, Reserved
Central Individual, Electric
Central Air
BB/HS Internet Capable, Cable Available, Electricity Connected, Phone Available, Public

FEATURES:

Fire Alarm, Security Lights, Smoke Detector(s)
Beach Area
Boat Ramp - Private, Dock - Slip 1st Come, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/o Ele
Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Wate
Bay/Harbor - Full, Bay/Harbor - Partial, Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial, Gulf/Ocean to Bay, Intracoastal Waterway
Carpet, Tile
Water

FINANCIAL:

$21,700,000
$153,018
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

 

 

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Data Last Updated: 10/16/2018, 1:38:33 AM

 

Listing information courtesy of RE/MAX Alliance Group