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1288 & 1290 SHORE VIEW DRIVE Englewood, FL 34223

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For Sale
$3,900,000

Three-lot package with 15 units on Manasota Key.

Type:Multi Family
Property size:
9,039 SF
Added:
Sep 21, 2024
Days on Market:
575
Last Refresh:
Apr 16 at 5:31 am

Property Features for 1288 & 1290 SHORE VIEW DRIVE

General Information

Standard status
Active
Size
9,039 SF
Property subtype
Multi Family

Building Details

Year Built
1954

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Listing Contact
Tammy Kitt
Tammy Kitt

Listing agent Tammy Kitt License #3315954

Listing office MICHAEL SAUNDERS & COMPANY

Listing date Sep 21, 2024

Source Exitrealty

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


Overview

Manasota Key Multifamily Investment Opportunity

This offering presents a chance to acquire a real estate portfolio on Manasota Key. The listing includes three lots: 1288 Shore View Drive, 1290 Shore View Drive, and 1410 Gulf Blvd, totaling 15 units. The properties consist of one fourplex, one fiveplex, and one sixplex, featuring a total of 17 bedrooms, 2 studios, and 19 bathrooms. Recent improvements at 1290 Shore View Drive include hurricane-impact windows and doors, a metal roof, flooring, kitchen cabinets, countertops, and appliances in the upstairs unit. Original terrazzo flooring has been preserved in select ground-floor units. The upstairs unit at 1290 is updated. The downstairs units sustained flood damage and require remodeling. Manasota Key is described as a beach town without fast-food chains or traffic lights. The location offers views of sunrises over Lemon Bay and sunsets over the Gulf of Mexico. The beaches of Manasota Key are nearby. Onsite amenities include bikes, kayaks, and paddleboards. The property is surrounded by tropical landscaping. Local restaurants offer seafood and live music. All lower level units flooded.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

Location Insight

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City
Englewood
County
Charlotte
State
Florida
Longitude
-82.345
Latitude
26.9866

FAQs

What type of property is this?
Apartment building - Three-lot package with 15 units on Manasota Key.
Where is this apartment building located?
The property is located at 1288 & 1290 SHORE VIEW DRIVE Englewood, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Package deal of three lots with a total of 15 units offering significant investment potential.; Prime location on picturesque Manasota Key, known for its peaceful atmosphere and beautiful beaches.; Updated upstairs unit at 1290 Shore View Drive features hurricane‑impact windows and doors, metal roof, and renovated interior.
More about this property
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