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USAFLEnglewoodS J Chadwicks Resub 01115 Friendship Ln
Blue Starfish Cottages is a 6-plex perfectly situated between the Gulf of Mexico & Lemon Bay | Image 1
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$1,199,999

115 Friendship Ln, Englewood, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4146 sqft
Garage No
Taxes $17,938
Days Active 0
Lot Size 
Approx. Age 1946
Avg. Price Per Sqft $289
MLS® Number D6142396

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This is a rare and exciting opportunity to own a highly desirable income-producing property on Manasota Key, a serene and charming beach town ideally positioned between the Gulf of Mexico and Lemon Bay. With deeded beach and bay access, this unique six-unit compound offers guests and investors the best of both worlds—easy access to sun-soaked beaches and tranquil waters perfect for kayaking. The property features a total of six units spread across a triplex and two additional buildings, along with separate on-site laundry facilities. The triplex includes two 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit. Building 117 offers a 2-bedroom, 1-bath unit and two cozy studio apartments. Building 115, formerly a 2-bedroom, 1-bath unit, has sustained fire damage and is being sold in “as-is” condition, providing a blank canvas for its new buyer to customize it to their liking. All units are beautifully decorated with a fresh beachy vibe and are being sold turnkey furnished. They feature luxury vinyl plank (LVP) flooring installed in 2024, newer stainless steel appliances (2024–2025), updated kitchens with white shaker-style cabinetry, and pull-out sofa sleepers for additional guest accommodations. Most of the windows on the exterior perimeter are impact-resistant for added peace of mind. The pool pump and heater were replaced in 2024–2025, and the roofs were redone in 2020. Outdoor amenities are designed to enhance the guest experience, with a beautifully paved patio area, BBQ grills, outdoor showers, a ping pong table, chaise lounges, and dining tables. A spacious swim spa with massage therapy jets, installed in 2015, adds a luxurious touch. Guests also enjoy the use of four kayaks and a quiet seating area at the end of Friendship Lane—perfect for watching boats & dolphins cruise by. Manasota Key is a hidden gem along Florida’s Gulf Coast, renowned for its laid-back atmosphere, scenic beauty, excellent shelling, shark tooth hunting, and unforgettable sunrises and sunsets. With its close proximity to local restaurants and public beaches, the location is ideal for both vacationers and long-term guests. This property has a strong rental history through platforms like VRBO, Airbnb, and Booking.Com, offering investors an attractive stream of passive income in a high-demand vacation area. Sold “as-is” with rights to inspection, this property presents a compelling opportunity for investors seeking reliable rental income, long-term appreciation, and the unique lifestyle that only beachfront living can offer.Show Description
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MLS® NumberD6142396
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage0.21
ExteriorRain Gutters
GarageNo
Approx. Age1946
Basement
Driveway
Garage Spaces
HeatDuctless
A/CWall/Window Unit(s)
Heating Fuel

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