$1,600,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $10,149/month

Total Views 8,906
6 Beds
6 Baths
3,156 Sq Ft
$507 Price per Sq Ft

Highlights

  • Deeded access to the beach
  • Corner Lot
  • Solid Surface Countertops
  • Partial Gulf or Ocean Views
  • High Ceiling
  • No HOA

About This Home

RARE BEACH-SIDE QUADPLEX on MANASOTA KEY – Incredible multi-family investment opportunity offering 3,156 total sq ft across 4 updated units just steps from the Beach. This TURNKEY income property features 6 bedrooms, 6 bathrooms, and is situated on a double corner lot (~1⁄4 acre) with strong rental history and immediate income potential. Metal Roof, Hurricane Impact Windows and Doors, HVAC Systems, Electrical Panels, complete Kitchen and bathroom remodels. The top two units are sold turnkey furnished, ready for vacation or long-term rental. Shared laundry room on site.
Perfect for investors seeking a solid return or owner-occupants wanting to live in one unit and rent the rest. Enjoy peaceful, laid-back coastal living with no traffic lights or chain restaurants, and experience stunning sunrises over Lemon Bay and sunsets over the Gulf. Walk to white-sand beaches, local seafood restaurants, live music, and more.
Powerful investment with immediate income and long-term growth potential. Don’t miss this rare chance to own a high-performing asset in one of Florida’s most desirable coastal markets.

Listing Agent

Tammy Kitt

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3315954 Listed on: 11/05/2024

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Cherry Jaramillo

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3406953

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,668

Year Built

  • Built in 1954

Lot Details

  • 9,897 Sq Ft Lot
  • Corner Lot
  • Oversized Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,156 Sq Ft Home
  • Partially Furnished
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Partial Bay or Harbor Views
  • Storm Windows

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Terrazzo
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Open Parking

Outdoor Features

  • Deeded access to the beach
  • Property is near a marina
  • Balcony
  • Covered patio or porch
  • Shed

Utilities

  • No Cooling
  • Heating Available
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • 15 Units
  • Englewood Shores Community
  • Englewood Shores Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,668

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3156
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1954
  • Lot Size Sq Ft: 9897
  • Directions to Property: 776 to Beach Road, right on Beach Road to Manasota Key to Gulf Blvd. Property is on the right.
  • Status: Active
  • Co List Office Mls Id: MFR281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 506.97
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Terrazzo
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters
  • Appliances Included: Bar Fridge, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Window Features: Storm Window(s)
  • Street Number Modifier: 1410
  • Living Area Meters: 293.20

Exterior Features

  • Other Structures: Other, Shed(s), Storage
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: MANASOTA KEY
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Side Porch
  • Road Surface Type: Asphalt
  • Water Access: Beach - Access Deeded
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Guest, Open

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: None
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MMF7.5
  • Parcel Number: 411912485001
  • Additional Parcels: No
  • Lot Features: Corner Lot, Near Marina, Oversized Lot, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 919

Rental Info

  • Furnished: Partially
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 15
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 16667.73
  • Tax Book Number: 2-87
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $16,668 $668,154 $0 $0
2022 $13,954 $619,904 $253,300 $366,604
2021 $13,202 $552,194 $215,050 $337,144
2020 $13,240 $555,487 $215,050 $340,437
2019 $12,320 $512,406 $195,500 $316,906
2018 $9,802 $400,833 $195,500 $205,333
2017 $7,877 $376,696 $195,500 $181,196
2016 $4,134 $122,374 $0 $0
2015 $2,436 $110,252 $0 $0
2014 -- $100,229 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $1,600,000 +6.7% $507 / Sq Ft
12/18/2024 12/18/24 Price Changed $1,500,000 -6.3% $475 / Sq Ft
11/05/2024 11/05/24 For Sale $1,600,000 +178.3% $507 / Sq Ft
09/30/2016 09/30/16 Off Market $575,000 -- --
06/30/2016 06/30/16 Sold $575,000 -8.0% $199 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
12/09/2014 12/09/14 Price Changed $625,000 -10.7% $217 / Sq Ft
10/30/2014 10/30/14 For Sale $699,900 -- $243 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $401,800 Attorney
Warranty Deed $575,000 None Available
Quit Claim Deed -- None Available
Deed $100 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $529,000 New Conventional
Closed $487,500 Purchase Money Mortgage
Previous Owner $417,000 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: N6135212

Stellar MLS

APN: 411912485001