Price Reduced 14.55%

$4,700,000 ($519.97 per sqft)

Est. Mortgage $24,076/mo *

Quick Pre-Approval

Price History

$5,500,000
9/20/2024

$5,000,000
11/6/2024

$4,700,000
12/18/2024


1288 & 1290 Shore View DRIVE, Englewood, FL, 34223

1288 & 1290 Shore View DRIVE, Englewood, FL, 34223

17 beds

1954

9,039 sqft

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 units, including one Fourplex, one Five plex, and one Sixplex. With 17 bedrooms, 2 studios, 19 bathrooms. The upstairs units are still intact, and those units are as picture shows. Recent improvements including hurricane-impact windows and doors, metal roofs, electrical panel, flooring, kitchen cabinets, countertops, appliances, and more. Original terrazzo flooring in select ground-floor units has been preserved. The upstairs units come turnkey furnished, providing everything from linens and toiletries to kitchen essentials, TVs. The downstairs units all took on water and will need different stages of work/remodeling. 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. All lower level units flooded.


Status:

Active

Type:

Multi-family

Furnished Remarks:

Furnished

Laundry Remarks:

Common Area

Units:

15

Subdivision:

ENGLEWOOD SHORES

Garage:

Common, Guest, Open

Heating:

Electric

Cooling:

Central Air

Acreage:

61

Est. Taxes:

$16,668

Construction

Block, Stucco

Utilities

Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities

Lot Description:

Corner Lot, Near Marina, Oversized Lot, Sidewalk

Days on Market:

89

Appliances:

Bar Fridge, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer

Min Lease Term:

No Minimum

MLS #:

N6134497


Community Info

School Info

Walk Score

Yelp



Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-951-6660