Veterans Escrow and Title Services, LLC, Title Companies, Wesley Chapel, FL
$4,700,000
For Sale

1288 & 1290 SHORE VIEW DRIVE

Englewood, FL 34223
9039 sqft | 17 beds | 61.00 acres | #N6134497
Browse 93 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 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.

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities
      • InteriorCeiling Fans(s), Kitchen/Family Room Combo, Solid Surface Counters, Window Treatments
      • Exterior MaterialsBalcony, Courtyard, Outdoor Grill, Outdoor Shower, Storage
      • Lot DescriptionCorner Lot, Near Marina, Oversized Lot, Sidewalk, Paved
      • SubdivisionENGLEWOOD SHORES
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$5,500,000
      • CountyCharlotte
      • Property ConditionCompleted
      • MLS #N6134497
      • MLS #N6134497
      • Taxes Annual$16,667
      • Cost4700000
      • Utility SourcePublic
      • Square Feet9039
      • Year Built1954
      • FoundationSlab
      • Bedrooms17
      • Acres61
      • Days on Market (Cumulative)91

Location

Dwight A. McDonaldReal 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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annually
$
monthly

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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Loan Amount
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