Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
900
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.
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
High School
Listing Courtesy of Matt Moffitt , PARADISE EXCLUSIVE INC
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