Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1978
Sq.Footage
18,035
Under contract-accepting backup offers. PRIME GULF AND BAY MULTIFAMILY PROPERTY ON MANASOTA KEY. Discover a rare opportunity to own a multifamily asset with unmatched waterfront exposure on both the Gulf of Mexico and Lemon Bay. The Englewood Beach and Yacht Club is being offered for sale as-is, presenting a unique investment opportunity for repositioning, redevelopment, or long-term hold. This multifamily property consists of a total of 8,700 rentable square feet situated on 1.282 acres of land. Originally operated as a timeshare resort, the property has recently undergone legal conversion to full fee-simple ownership, with a termination of all timeshare interests. Key Features: Direct beachfront access with beach on the Gulf of Mexico. Bay frontage with access to Lemon Bay and the Intracoastal Waterway with no bridges to open waters. Boat docks (currently in need of repair). Unit sizes averaging 791 SF, with two-story buildings offering coastal charm. Zoned MMF12. Important Notes: Property is being sold as-is with no warranties or guarantees on condition. One building (Bay Side) was heavily damaged by Hurricane Ian in 2022. Another building (Gulf Side) was heavily damaged by Hurricane Milton in 2024. Structural repairs may be needed to pass future milestone inspections. Repair cost estimates and survey are not provided by the seller. Buyer to conduct their own due diligence. Location Highlights: Located on Manasota Key, a serene and less-commercialized barrier island. Walking distance to area restaurants, shops, and Englewood Public Beach. Close proximity to mainland Englewood and SR-776. This is a compelling opportunity for those seeking Gulf and Bay frontage, development potential, or adaptive reuse in a rapidly appreciating coastal market.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
Dock
-
Pool
No
-
Waterfront YN
YES
-
View
Beach, Water
Area & Lot
-
Lot Features
Wooded, Waterfront
-
Lot Size(acres)
1.28
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$4,000,000
-
Tax Amount
20227.58
-
Sq. Footage
18, 035
-
Price/SqFt
$221
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Ownership
Condominium
-
Tax Lot
23
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Location
County
Charlotte
Elementary School
Middle School
High School
Listing Courtesy of Courtney DeFilippis , PARADISE EXCLUSIVE INC
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FOUNDER
DanielleUrtnowski
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