MANGROVE REALTY ASSOCIATES, INC.
Lori Madden, MANGROVE REALTY ASSOCIATES, INC.Phone: (941) 780-8443
Email: [email protected]

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listing
1 of 87
Residential IncomeFor Sale
$5,000,000
1288 & 1290 Shore View Drive
Englewood, FL 34223
Listed by: Michael Saunders & Company, (941) 284-7274
MLS: Stellar MLS
17Beds
19Baths
9,039Sq Ft
Est. Mortgage
$25,909/mo

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 Fiveplex, and one Sixplex. With 17 bedrooms, 2 studios, 19 bathrooms, 3 laundry rooms. The upstairs units are still intact. They are updated and meticulously maintained, with 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 upstaris units come turnkey furnished, providing everything from linens and toiletries to kitchen essentials, TVs. 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.

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Listing provided by Michael Saunders & Company
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