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Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 18,035 sqft
Price per Sqft $166
Subdivision Englewood Bch & Yacht Club Tm
MLS Listing ID D6143093
Sold Date 01/07/26
HOA Y/N No
Year Built 1978
Annual Tax Amount $20,227
Lot Size 1.280 Acres
Acres 1.28
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
PRIME GULF AND BAY MULTIFAMILY PROPERTY ON MANASOTA KEY. Discover a rare opportunity to own a multifamily asset with unmatched waterfront exposure on both the Gulf of Mexico and Lemon Bay. The Englewood Beach and Yacht Club is being offered for sale as-is, presenting a unique investment opportunity for repositioning, redevelopment, or long-term hold. This multifamily property consists of a total of 8,700 rentable square feet situated on 1.282 acres of land. Originally operated as a timeshare resort, the property has recently undergone legal conversion to full fee-simple ownership, with a termination of all timeshare interests. Key Features: Direct beachfront access with beach on the Gulf of Mexico. Bay frontage with access to Lemon Bay and the Intracoastal Waterway with no bridges to open waters. Boat docks (currently in need of repair). Unit sizes averaging 791 SF, with two-story buildings offering coastal charm. Zoned MMF12. Important Notes: Property is being sold as-is with no warranties or guarantees on condition. One building (Bay Side) was heavily damaged by Hurricane Ian in 2022. Another building (Gulf Side) was heavily damaged by Hurricane Milton in 2024. Structural repairs may be needed to pass future milestone inspections. Repair cost estimates and survey are not provided by the seller. Buyer to conduct their own due diligence. Location Highlights: Located on Manasota Key, a serene and less-commercialized barrier island. Walking distance to area restaurants, shops, and Englewood Public Beach. Close proximity to mainland Englewood and SR-776. This is a compelling opportunity for those seeking Gulf and Bay frontage, development potential, or adaptive reuse in a rapidly appreciating coastal market.
Location
State FL
County Charlotte
Community Englewood Bch & Yacht Club Tm
Area 34223 - Englewood
Zoning MMF12
Interior
Cooling Central Air
Exterior
Parking Features Over 30 Spaces
Waterfront Description Bay/Harbor,Gulf/Ocean
View Y/N 1
Water Access 1
Water Access Desc Bay/Harbor,Beach
Roof Type Cement
Building
Story 2
Entry Level Two
Foundation Crawlspace
Lot Size Range 1 to less than 2
Structure Type Frame
New Construction false
Others
Ownership Condominium
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Non-Member Agent STELLAR NON-MEMBER OFFICE
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Peggie McQueen
Broker Associate | License ID: BK3425403
Broker Associate License ID: BK3425403

