1120 Gulf Boulevard, Englewood, FL 34223

$3,990,000
12
BD
8
BA
5,151
SqFt

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List Price
$3,990,000
Status
ACTIVE
Days on Market
63
Price Change
▼ $190,000 1785100233
MLS#
D6147829
Subtype
Residential Income
Style
Two Story
Year Built
1960
Bedrooms
12
Bathrooms
8
Living Area
5,151
Lot Size
17,500
Acres
0.40
Subdivision
Englewood Shores
Building Name
Na
MLS Area Major
Englewood

Property 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.

Additional Information

Interior Features
Ceiling Fans(s), Open Floorplan, Stone Counters, Thermostat, Vaulted Ceiling(s), Window Treatments
Exterior Features
Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Shower, Private Entrance, Rain Gutters, Sidewalk
Financing
Cash, Private Financing Available
Location
In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
MMF7.5
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Heating
Central, Space Heater
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Shower, Private Entrance, Rain Gutters, Sidewalk
Levels
Two
Roof
Shingle
Foundation
Slab
Pool
Yes
Pool Type
Gunite, In Ground, Screen Enclosure
Parking
Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Off Street, Reserved
Parking Features
Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Off Street, Reserved
Garage
2 Car Garage
Garage Spaces
2
Garage Features
Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Off Street, Reserved
Elementary School
Englewood Elementary
Middle School
L.A. Ainger Middle
High School
Lemon Bay High
View
Pool, Trees/Woods, Water, Gulf/Ocean - Partial

Listing courtesy of RE/MAX ALLIANCE GROUP. 941-473-8484

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