$1,199,999
4,146
0.21 Acre Lot

115 Friendship Ln, Englewood, Florida 34223

  • Residential Income Property Type
  • 4,146 Square Footage
  • 1946 Year Built
Property Description

This is a rare and exciting opportunity to own a highly desirable income-producing property on Manasota Key, a serene and charming beach town ideally positioned between the Gulf of Mexico and Lemon Bay. With deeded beach and bay access, this unique six-unit compound offers guests and investors the best of both worlds—easy access to sun-soaked beaches and tranquil waters perfect for kayaking. The property features a total of six units spread across a triplex and two additional buildings, along with separate on-site laundry facilities. The triplex includes two 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit. Building 117 offers a 2-bedroom, 1-bath unit and two cozy studio apartments. Building 115, formerly a 2-bedroom, 1-bath unit, has sustained fire damage and is being sold in “as-is” condition, providing a blank canvas for its new buyer to customize it to their liking. All units are beautifully decorated with a fresh beachy vibe and are being sold turnkey furnished. They feature luxury vinyl plank (LVP) flooring installed in 2024, newer stainless steel appliances (2024–2025), updated kitchens with white shaker-style cabinetry, and pull-out sofa sleepers for additional guest accommodations. Most of the windows on the exterior perimeter are impact-resistant for added peace of mind. The pool pump and heater were replaced in 2024–2025, and the roofs were redone in 2020. Outdoor amenities are designed to enhance the guest experience, with a beautifully paved patio area, BBQ grills, outdoor showers, a ping pong table, chaise lounges, and dining tables. A spacious swim spa with massage therapy jets, installed in 2015, adds a luxurious touch. Guests also enjoy the use of four kayaks and a quiet seating area at the end of Friendship Lane—perfect for watching boats & dolphins cruise by. Manasota Key is a hidden gem along Florida’s Gulf Coast, renowned for its laid-back atmosphere, scenic beauty, excellent shelling, shark tooth hunting, and unforgettable sunrises and sunsets. With its close proximity to local restaurants and public beaches, the location is ideal for both vacationers and long-term guests. This property has a strong rental history through platforms like VRBO, Airbnb, and Booking.com, offering investors an attractive stream of passive income in a high-demand vacation area. Sold “as-is” with rights to inspection, this property presents a compelling opportunity for investors seeking reliable rental income, long-term appreciation, and the unique lifestyle that only beachfront living can offer.

Basic Details
Residential Income
For Sale
D6142396
$1,199,999
4,146
1946
0.21 Acre
Active
Multi Family
: Shingle
Features
: Gunite, Heated, In Ground
: Ductless
: Wall/Window Unit(s)
: Patio
: Rain Gutters
: Luxury Vinyl
: Living Room/Dining Room Combo
: Inside
1
: Public Sewer
: Public, Electricity Available, Electricity Connected, BB/HS Internet Available, Sewer Connected, Water Connected, Water Available, Sewer Available
Appliances
: Dishwasher, Microwave, Range, Electric Water Heater, Dryer, Refrigerator, Washer
Address Map
US
FL
Charlotte
Englewood
S J CHADWICKS RESUB 01
34223
FRIENDSHIP
115
LANE
W83° 38' 40''
N26° 55' 4.6''
From 776 & Beach Road, go SW on Beach Road, at roundabout turn Left on Gulf Blvd, go .5 miles and turn Left on Friendshipp Lane. 6 plex will be on the right side.
34223 - Englewood
MSF5
Additional Info
MICHAEL SAUNDERS & COMPANY
Maryann Casey
$0
$0
Additional Information
: Frame
: Other
: Paved, FloodZone
100' x 85' x 100' x 85'
6
2025-05-19
https://cmsphotography.hd.pics/115-Friendship-Ln/idx
: Public
4146
Financial
17938
Listing Information
278016218
256010051
Cash
Active
2025-05-20T12:22:09Z
Stellar
: None
2025-05-19T19:09:50Z
Debi Benson, PA
276506132
256010051
MICHAEL SAUNDERS & COMPANY
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