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    7160 Manasota Key Rd Englewood, FL 34223

    View on Map
    Sponsored
    For Sale
    $1,390,000

    Land - ENGLEWOOD, FL

    Lot size:
    0.44 Acres
    Days on Market:
    8
    Last Refresh:
    Mar 26 at 2:06 am

    Property Features for 7160 Manasota Key Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RE2
    APN
    0500020013
    Pets allowed
    Yes
    Lot size
    0.44 Acres

    Utilities

    Water front features
    Beach Front, Gulf/Ocean, Gulf/Ocean To Bay, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shayla Twit
    Shayla Twit

    DWELL Real Estate LLC

    Listing agent Shayla Twit License #3025227

    Listing date Mar 19, 2026

    MLS# A4685520 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

    Gulf-Front Land Coastal Estate Opportunity

    This 0.44-acre gulf-front parcel offers 148 feet of direct Gulf frontage, presenting an opportunity to design a custom coastal residence. The property, with approximate 152-foot depth along each side, provides scale, privacy, and flexibility. It includes a bayside easement with warranty-deeded ingress and egress, potentially providing access to the bayside. The property is situated on a relaxed island community with no mandatory HOA or CDD fees. The homesite allows for architectural creativity, suitable for a grand coastal estate, a contemporary residence, or a private seaside sanctuary. The parcel allows for resort-inspired outdoor living, with space for terraces, a pool and spa retreat, outdoor entertaining areas, and landscaping. Key property highlights include a reinforced concrete seawall installed in 2023, a water meter already in place, and an approximate land elevation of six feet. The property is zoned RE2, with approximate setbacks of 25 feet front, 10 feet on each side, 20 feet rear, and 20 feet from mean high water along the Gulf, with a maximum height allowance of 35 feet. With a maximum building coverage of approximately 25%, a 4,500+ square-foot three-story residence can be erected, subject to county and builder verification. Monthly minimum leases are allowed. The optional Manasota Key Club, located nearby, offers fine dining, tennis, rentable cottages, and bayside boat tie-up.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Hotel & Motel (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.394064
    Latitude
    26.976043

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    FAQs

    What type of property is this?
    Waterfront Land - Expansive gulf-front parcel with 148 feet of direct Gulf frontage.
    Where is this waterfront land located?
    The property is located at 7160 Manasota Key Rd Englewood, FL.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: - 148 feet of direct Gulf frontage on a .44-acre Gulf-front parcel, offering exceptional scale and privacy.; - Bayside easement with warranty-deeded ingress and egress, potentially providing access to the bayside.; - **Reinforced concrete seawall installed in 2023**, water meter already in place, and land elevation of approximately six feet.
    (941) 544-7690
    Request Owner's contact information
    7160 Manasota Key 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
    7160 Manasota Key Rd Englewood, FL 34223
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    We can help!
    Listing Contact
    Shayla Twit
    Shayla Twit
    Real Estate License ID: 3025227
    Learn More
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