Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Lighting, Rain Gutters

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.24

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $235,000

  • Tax Amount

    2902.28

  • Sq. Footage

    900

  • Price/SqFt

    $261

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    19

  • Water Source

    Public

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Location

County

Sarasota

Elementary School

Middle School

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Listing Courtesy of Matt Moffitt , PARADISE EXCLUSIVE INC

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Don't miss this outstanding opportunity to own an income-producing duplex in a sought-after, non-HOA location just minutes from Englewood's beautiful Gulf beaches and the revitalized Dearborn Street.

150 W Fray St is a classic Florida multi-family property perfect for investors, snowbirds seeking rental income, or an owner who wishes to occupy one side and rent the other.

Property Highlights:
Duplex (Multi-Family Zoned): Provides immediate income potential from two separate units. The property offers a total of 900 sq ft of living space (1-bedroom/1-bath on each side).

Excellent Location: Situated in a desirable Englewood area, offering quick access to:

Old Englewood Village: Enjoy the popular dining, shopping, and entertainment on Dearborn Street.

Gulf Beaches: A short drive to Manasota Key and Englewood Beach.

Conveniences: Close proximity to Englewood Hospital, shopping centers, and local amenities.

Large Lot: Situated on a substantial 10,757 sq ft lot, providing ample parking, privacy, and room for potential expansion or a spacious backyard common area.

Solid Construction: Built in 1958, these block structures are a staple of Old Florida construction.

Investment Potential:
This property has historically been an excellent rental producer, making it a straightforward addition to any investment portfolio. With two separate electric meters, tenants are responsible for their own electricity, simplifying landlord expenses (water is typically a shared expense). The low-maintenance flooring and durable construction make this an ideal long-term investment.

Capitalize on the soaring demand for rentals in Southwest Florida. Whether you're seeking immediate income or looking for a home with supplemental income, this is a versatile property in a high-demand area.

150 W FRAY STREET

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Fully Occupied by Tenants. Do not disturb. $3100/month income, $37,200 annually. Well maintained and updated duplex, rarely vacancies. Have peace of mind knowing there was NO damage from hurricane Helene or Milton. 1 of 9 units of a portfolio sale but can be sold separately. Unit Mix: (2) 2 Bedroom 1 Bathroom Units, Stabilized asset, great for new or seasoned investors as well as house hackers looking to offset your mortgage.-
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