Manasota Key Multifamily Investment
1288 & 1290 SHORE VIEW DRIVE Englewood, FL 34223
1288 & 1290 SHORE VIEW DRIVE, Englewood, FL, 34223
$3,900,000
For Sale
$3,900,000
Three-lot package with 15 units on Manasota Key.
Property Size9,039 SF
Price / SF$431.46
Days on Market667
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
Listing Agency
MICHAEL SAUNDERS & COMPANY
(941) 284-7274
Listed by
Tammy Kitt · License #3315954
(941) 284-7274
Source
Exitrealty
Added: Sep 20, 2024 Checked: Jul 17 at 3:48 am
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
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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.
