$5,000,000
Reduced $500,000
Description
This is a rare chance for investors looking to expand their real estate portfolio on picturesque Manasota Key. The property is offered as a package of three lots, 1288 Shore View Drive, 1290 Shore View Drive and 1410 Gulf Blvd, featuring a total of 15 units, including one Fourplex, one Fiveplex, and one Sixplex. With 17 bedrooms, 2 studios, 19 bathrooms, 3 laundry rooms. The upstairs units are still intact. They are updated and meticulously maintained, with recent improvements including hurricane-impact windows and doors, metal roofs, electrical panel, flooring, kitchen cabinets, countertops, appliances, and more. Original terrazzo flooring in select ground-floor units has been preserved. The upstaris units come turnkey furnished, providing everything from linens and toiletries to kitchen essentials, TVs. Downstairs units all took on water and will need different stages of work/remodeling. Located in a peaceful, laid-back beach town with no fast-food chains or traffic lights, this property offers the perfect retreat for families, couples, or groups of friends. Experience stunning sunrises over Lemon Bay and vibrant sunsets over the Gulf of Mexico. The pristine white-sand beaches of Manasota Key are just moments away, offering endless opportunities for exploration. Outdoor activities abound with onsite bikes, kayaks, and paddleboards, while the lush, tropical surroundings provide an idyllic backdrop for grilling, chilling, and quality time with loved ones. Local restaurants offering fresh seafood and live music complete the experience, making this property the ultimate slice of paradise. All lower level units flooded.
Listed by Tammy Kitt, .
Property Highlights
- Property Type: Multi Family
- MLS #: N6134497
Room Information
| Flooring | Terrazzo, Tile |
| Furnished | Furnished |
| Laundry | Common Area |
| Total Baths | 19 |
| Total Beds | 17 |
Property Features
| Additional Parcels | Yes |
| Appliances | Bar Fridge, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer |
| Construction Materials | Block, Stucco |
| Cooling | Central Air |
| Exterior Features | Balcony, Courtyard, Outdoor Grill, Outdoor Shower, Storage |
| Has View | Yes |
| Heating | Electric |
| Interior Square Footage | 9,039 |
| Lot Size Acres | 61 |
| Lot Size Square Feet | 27,326 |
| Other Structures | Other, Shed(s), Storage |
| Patio Features | Covered, Front Porch, Porch, Rear Porch, Side Porch |
| Roof | Metal |
| Sewer | Public Sewer |
| Water Source | Public |
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