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Manasota Key Multifamily Investment Opportunity

1288 SHORE VIEW Dr, Englewood, FL 34223

For Sale
$1,200,000
Pending

Six-unit property near the beach, sold as-is post-hurricane.

Property Size2,943 SF
Lot Size0.19 Acres
Days on Market247

Property Features for 1288 SHORE VIEW Dr

General Information

Standard status Pending
Size 2,943 SF
Lot size 0.19 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $17,985

Building Details

Building Size 2,943 SF
Year Built 1956
Units 6
Listing Agency: MICHAEL SAUNDERS & COMPANY
Listed By: Tammy Kitt · License FL #3315954
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 25 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MICHAEL SAUNDERS & COMPANY

Rey
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Investment Insights

Based on property information with market context.

This six-unit multifamily property presents an investment opportunity on Manasota Key. Located within walking distance of the beach, the property offers potential for rehabilitation. The units are being sold "AS IS" post-hurricane. Manasota Key provides access to sunrises over Lemon Bay and sunsets over the Gulf of Mexico. The location is near white-sand beaches and local restaurants offering seafood and live music. All lower-level units experienced flooding due to the hurricane and are being sold as is.

Key Highlights

  • Six‑unit multi‑family property on Manasota Key
  • Walking distance to the beach
  • Investment opportunity to rehab post‑hurricane

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 34223, FL

19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Charlotte County, FL

$542 Jul
$423 Aug
$423 Sep
$443 Oct

Properties on Market for Apartment buildings in Charlotte County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit property near the beach, sold as-is post-hurricane.
Where is this apartment building located?
The property is located at 1288 SHORE VIEW Dr Englewood, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Six‑unit multi‑family property on Manasota Key; Walking distance to the beach; Investment opportunity to rehab post‑hurricane
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