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    The Largest CRE Database in the US with Over 1 Million Listings

    5075 N Beach Rd Englewood, FL 34223

    Sponsored
    For Sale
    $1,890,000

    Quadruplex - ENGLEWOOD, FL

    Type:Quadruplex
    Property size:
    3,174 SF
    Lot size:
    0.31 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 31 at 3:06 am

    Property Features for 5075 N Beach Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Security features
    Closed Circuit Camera(s)
    Zoning
    MMF10
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    411902229002
    Parking features
    Guest, Off Street
    Pool private
    1
    Interior features
    Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Open Floorplan
    Exterior features
    Outbuildings, Courtyard, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage, Pool, Dock
    Dock
    1
    Appliances
    Dryer, Microwave, Range, Refrigerator
    Size
    3,174 SF
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1974
    Number of units
    4
    Building materials
    Block, Concrete, Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Outbuilding, Storage

    We can help!

    Listing Contact
    Traci Creighton
    Traci Creighton

    Island Life Real Estate LLC (941) 284-4474

    Listing agent Traci Creighton (941) 254-6467 License #3374207

    Listing date Jan 15, 2026

    MLS# C7516783 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Manasota Key Quadplex Mini-Resort

    This turnkey quadplex, known as Gecko House, is located on Manasota Key and offers deeded beach and bay access. The property features a large pool, dock, and kayak launch. The top floor, Unit 3, is a 1,419 sq. ft. residence with two bedrooms, two full baths, a modern open kitchen, a private laundry room, and a balcony. The first floor includes three additional rental units, each with private entrances. Unit 1 has two bedrooms and one bath, Unit 2 has one bedroom and one bath, and Unit 4 is an efficiency with one bedroom and one bath. Each unit includes a fully stocked kitchen, new appliances, updated interiors, and new furnishings. The property includes a private heated saltwater pool in a fenced, resort-style courtyard with tropical foliage, seating, and umbrellas. Additional outbuildings provide storage for beach chairs, buggies, umbrellas, and supplies, and on-site laundry facilities are available for guests. There is also a conditioned and stocked supply shed for maintenance. The property is located near private deeded beach access and a shared dock for fishing, paddleboarding, and kayaking. It is also within biking distance of local restaurants, beach shops, and public beach access points. The lot size is 0.31 acres and the property size is 3,174 square feet. The property is zoned MMF10.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Accounting Firm Kitchen & Bath Hotel & Motel Garden Center Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.371016
    Latitude
    26.945013

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    FAQs

    What type of property is this?
    Quadplex - Turnkey quadplex with deeded beach and bay access on Manasota Key.
    Where is this quadplex located?
    The property is located at 5075 N Beach Rd Englewood, FL.
    What is the asking price?
    The asking price for this property is $1,890,000.
    What are key features of this property?
    This property features: - Turnkey quadplex with DEEDED BEACH AND BAY ACCESS, offering exceptional income potential.; - Fully operational business with 5-star reviews and a calendar full of upcoming rentals, ensuring immediate revenue generation.; - Private heated saltwater pool in a fenced, resort-style courtyard.
    (941) 451-9419
    Request Owner's contact information
    5075 N Beach Rd Englewood, FL 34223
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    Englewood, FL 34223
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5075 N Beach Rd Englewood, FL 34223
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    We can help!
    Listing Contact
    Traci Creighton
    Traci Creighton
    Real Estate License ID: 3374207
    (941) 451-9419
    Learn more
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