Prime Gulf Coast investor opportunity—price-reduced 6-unit multifamily property in Englewood, FL, just steps from Lemon Bay and about 2 miles from Gulf beaches. Formerly part of the Englewood Lighthouse Resort, this well-maintained asset offers three newer roofs and fully furnished units for a turnkey acquisition.
The property features six rentable units, including two standalone cottages with terrazzo flooring, private patios with sunset ambience, and adjacency to Lemon Bay Park with public boat launch, walking trails, and picnic areas. Flexible configuration supports multiple income strategies, from seasonal and short-term rentals to annual tenants.
Located roughly 1.5 miles from historic West Dearborn Street with shops, dining, and entertainment, this coastal multifamily combines lifestyle appeal, proven rental demand, and value-add potential, including possible future amenity upgrades such as a pool, spa, or refreshed outdoor recreation areas.
The income description goes here to explain
| List Price | $700,000 |
| Property Type | Multi-Family |
| Usable Sqft | 2,621 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1951 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| Association Amenities: | Shuffleboard Court |
| APN # | 0504160031 |
| MLS # | O6328016 |
| Property ID | 322077106 |
| Lot Sqft | 22,333 |
| Zoning | RMF2 |
| Total Units | 6 |
| Days on Market | 160 |
| Original List Price | $900,000 |
| Applicances | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator% |
| Date Updated | December 05, 2025 |
| Date Created | July 17, 2025 |
Financials not available online. Please inquire with your agent for more details.
Joseph Mooradian an agent of REAL BROKER, LLC.
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 05, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT