Description

Prime Investor Opportunity -Price Reduced to $775,000! Rare 6-unit income property near Lemon Bay & Englewood Beach! Steps from Lemon Bay, 1.5 miles to historic Dearborn Street dining/shopping, and 2 miles to the Gulf. For 20+ years this property was known as the Englewood Lighthouse Resort, exuding old Florida beach charm. Three new roofs & fully furnished units make it turnkey. Features include 6 rentable units—two standalone cottages with terrazzo floors, spacious patios with sunset views, and steps to Lemon Bay Park w/ boat launch & pavilion. Flexible for LTR or STR, with options to add value (pool, hot tub, shuffleboard). Location ensures strong demand, asset appreciation & immediate income potential. A must-see investment in one of SW Florida’s most desirable coastal markets!


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Miami Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 11/11/2025 1:00:00 AM