7985 Manasota Key Rd Englewood, FL 34223
Manasota Key NeighborhoodEstimated payment $15,827/month
Highlights
- 104 Feet of Intracoastal Waterfront
- White Water Ocean Views
- Beach Access
- Englewood Elementary School Rated A-
- Dock has access to electricity and water
- Boat Lift
About This Home
*** Attention Investors and Large Families! *** Discover this stunning multi-family home nestled in a highly sought-after location with private deeded beach access, boasting luxurious features and exceptional amenities that promise a lucrative investment with over $250,000 in rental potential. For families seeking the perfect retreat, this property offers the ultimate fun-filled lifestyle whether you choose to call it home or use it as a private getaway. Imagine unwinding by the saltwater gunite pool, casting your line from your private dock to fish in the bay or using your private deeded access to the Gulf, grilling under the charming cabana, or marveling at vibrant sea life with almost every room boasting panoramic bay views on both levels. Experience paradise every day in this extraordinary home where your dream lifestyle and investment awaits! This property has 4 beds / 4.5 baths in total with the upstairs having 2 beds / 2.5 baths plus loft area along with a full kitchen and laundry. Downstairs has separate entrance with 2 beds / 2baths with full kitchen and laundry. Both levels have PANORAMIC INTRACOASTAL VIEWS from almost every room. EXTREMELY RARE MULTI-FAMILY ZONED DIRECT BAYFRONT PROPERTY w/ SAILBOAT WATER and DEEDED PARCEL TO BEACH. COMPLETELY REMODELED IN 2022, it’s practically a new house! Upgrades include NEW METAL ROOF 2020, 2 NEW AC UNITS (2024) NEW TREX DECKING THROUGHOUT. PRIVATE DOCK featuring 10,000 lb. boat lift (NEW 2022). The main-level kitchen is outfitted with CUSTOM cabinetry, top-of-the-line appliances, and striking granite countertops, while the lower-level kitchen boasts luxurious quartz surfaces. Impressive, vaulted ceilings with wood beam accents, a showstopping fireplace, and designer lighting elevate the home's unique character and charm. Recently installed IMPACT WINDOWS AND SLIDERS provide peace of mind and storm protection. The interior is graced with high-end porcelain tile on the main floor and equally elegant tile throughout the lower level. Spa-like bathrooms feature upgraded fixtures and beautifully tiled showers. The main-level primary suite offers a luxurious retreat with a jetted jacuzzi tub for two, a walk-in shower, and serene water views. Enjoy spacious living areas on both levels, each offering stunning views from every window and sliding glass door. Outdoor living is nothing short of spectacular with FULL-LENGTH TREX DECKS, a paver patio with a cozy firepit, bocce ball court, designated kayak storage, grilling area, and a RESORT-STYLE GUNITE SALTWATER POOL with sun shelf and adjacent tiki bar room - the perfect place to entertain. Additional highlights include a two-car garage, generous storage, and ample guest parking. Located directly on Lemon Bay with easy access to the Gulf of Mexico, this property offers the best of both worlds - tranquil sunrises and show stopping sunsets, along with PRIVATE, DEEDED BEACH ACCESS just steps away! Watch dolphins play, spot gentle manatees, and enjoy seamless access to the mainland. Close to shopping, the Historic Island of Venice, and so much more. THIS HOME IS AN ABSOLUTE MUST SEE!
Listing Agent
RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0626022 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,145
Year Built
- Built in 1982
Lot Details
- 0.48 Acre Lot
- 104 Feet of Intracoastal Waterfront
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- Landscaped
- Oversized Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Property Views
- White Water Ocean
- Intracoastal
Home Design
- Duplex
- Bi-Level Home
- Slab Foundation
- Metal Roof
- Block Exterior
- HardiePlank Type
- Stucco
Interior Spaces
- 4,071 Sq Ft Home
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar Fridge
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Blinds
- Sliding Doors
- Great Room
- Living Room with Fireplace
- Den
- Bonus Room
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- 5 Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Pool
- Gunite Pool
- Saltwater Pool
- Outdoor Shower
Outdoor Features
- Beach Access
- Access To Intracoastal Waterway
- Access to Bay or Harbor
- Deeded access to the beach
- No Fixed Bridges
- Rip-Rap
- Boat Lift
- Dock has access to electricity and water
- Dock made with Composite Material
- Deck
- Exterior Lighting
Location
- Flood Zone Lot
Schools
- Englewood Elementary School
- Venice Area Middle School
- Venice Senior High School
Utilities
- Central Heating and Cooling System
- Propane
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0489240003
Community Details
Overview
- No Home Owners Association
- 5,788 Sq Ft Building
- Manasota Key Subdivision
Building Details
- Gross Income $251,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $12,145 | $1,948,000 | $686,700 | $1,261,300 |
| 2023 | $12,145 | $1,004,302 | $0 | $0 |
| 2022 | $10,230 | $831,944 | $0 | $0 |
| 2021 | $8,876 | $716,159 | $0 | $0 |
| 2020 | $9,874 | $746,600 | $379,600 | $367,000 |
| 2019 | $9,260 | $703,300 | $341,000 | $362,300 |
| 2018 | $9,202 | $719,500 | $389,600 | $329,900 |
| 2017 | $8,934 | $612,986 | $0 | $0 |
| 2016 | $8,668 | $647,500 | $379,900 | $267,600 |
| 2015 | $7,505 | $506,600 | $249,200 | $257,400 |
| 2014 | $7,928 | $595,210 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $2,719,000 | -2.9% | $668 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $2,799,000 | -11.8% | $688 / Sq Ft |
| 05/29/2024 05/29/24 | Sold | $3,175,000 | -3.8% | $780 / Sq Ft |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 03/25/2024 03/25/24 | Price Changed | $3,300,000 | -5.6% | $811 / Sq Ft |
| 03/18/2024 03/18/24 | Price Changed | $3,495,000 | -4.2% | $859 / Sq Ft |
| 01/24/2024 01/24/24 | Price Changed | $3,650,000 | -3.9% | $897 / Sq Ft |
| 12/26/2023 12/26/23 | Price Changed | $3,800,000 | -3.8% | $933 / Sq Ft |
| 12/11/2023 12/11/23 | For Sale | $3,950,000 | +351.4% | $970 / Sq Ft |
| 12/28/2020 12/28/20 | Sold | $875,000 | -10.3% | $215 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | Price Changed | $975,000 | -2.5% | $239 / Sq Ft |
| 08/07/2020 08/07/20 | Price Changed | $999,500 | -4.8% | $246 / Sq Ft |
| 05/19/2020 05/19/20 | Price Changed | $1,050,000 | -4.5% | $258 / Sq Ft |
| 03/05/2020 03/05/20 | For Sale | $1,100,000 | +47.8% | $270 / Sq Ft |
| 12/28/2018 12/28/18 | Sold | $744,450 | -12.4% | $183 / Sq Ft |
| 12/11/2018 12/11/18 | Pending | -- | -- | -- |
| 12/06/2018 12/06/18 | Price Changed | $850,000 | -16.8% | $209 / Sq Ft |
| 11/28/2018 11/28/18 | Price Changed | $1,021,250 | -5.0% | $251 / Sq Ft |
| 10/17/2018 10/17/18 | For Sale | $1,075,000 | -- | $264 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,175,000 | Stewart Title Company | |
| Warranty Deed | $875,000 | Attorney | |
| Special Warranty Deed | $744,450 | Bright Line Title Llc | |
| Foreclosure Deed | $932,800 | Attorney | |
| Warranty Deed | $1,200,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,540,000 | New Conventional | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $558,750 | Commercial | |
| Previous Owner | $960,000 | New Conventional |
Source: Stellar MLS
MLS Number: A4658196
APN: 0489-24-0003
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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