Prime Investor Opportunity – 6-Unit Income Property Near Lemon Bay & Englewood Beach! Seize the chance to own a rare, income-producing property just steps from Lemon Bay and 1.5 miles from the charming historic West Dearborn Street district, with its boutiques, dining, and entertainment. Only 2 miles to Englewood Beach, this location offers unbeatable access to Gulf Coast lifestyle and high rental demand. For over two decades, this property was part of the Englewood Lighthouse Resort, showcasing Old Florida charm with a signature lighthouse theme. The property includes three brand-new roofs and comes fully furnished, making it turnkey for your investment strategy. Property Highlights: 6 rentable units including two standalone cottages with original terrazzo floors Spacious back patios with stunning sunset views over Lemon Bay Directly adjacent to Lemon Bay Park with public boat launch, picnic pavilion, and restrooms Flexible use potential for long-term rentals (LTR) or short-term vacation rentals (STR) Opportunities to add value with a pool, hot tub, or refurbished shuffleboard court This is more than a property—it’s a strategic investment in one of Southwest Florida’s most desirable coastal markets. Whether you plan to maximize STR income or maintain steady LTR cash flow, the location, condition, and future potential make this a must-see for investors seeking both asset appreciation and immediate returns.
Berkshire Hathaway HomeServices
Florida Realty
3192 Fruitville Rd, Sarasota, FL 34237
Listing Broker: REAL BROKER, LLC
Last Changed: Thursday 04th of September 2025 08:26:11 PM
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