115 FRIENDSHIP LANE Englewood, FL $ 1,169,000
115 FRIENDSHIP LANE
$ 1,169,000
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115 FRIENDSHIP LANE

Englewood, FL, 34223
$ 1,169,000
Bedrooms12 Baths8.0 Sq 4,146

Monthly Estimate*

$ 7,198

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View a Virtual Tour

Multi-Family Home for sale in Englewood, FL

for $1,169,000 with 12 bedrooms and 8 full baths. This 4,146 square foot home was built in 1946 on a lot size of 0.21.

Unrivaled Manasota Key Investment: High-Yield 6-Unit Compound! Nestled on the sun-drenched shores of Manasota Key, where the morning light dances across Lemon Bay and the evenings conclude with a legendary Gulf of Mexico sunset, lies an unrivaled investment opportunity. This exclusive six-unit residential compound represents the pinnacle of the "Old Florida" lifestyle, harmonizing serene coastal charm and a powerhouse financial profile. With a HIGH producing income, this estate is more than a property; it is a meticulously curated vacation destination with a proven legacy of success on global rental platforms and a high rate of recurring guests seeking the ultimate island escape. Offering the rare luxury of versatility, providing public BEACH and BAY ACCESS nearby that invites residents and guests to wander from white-sand shorelines to tranquil turquoise waters in a matter of moments, JUST 500 FEET in either direction! The compound itself is a pinnacle in coastal design, sold turnkey furnished with a sophisticated "beachy" aesthetic. Every detail has been considered for the discerning guest, from the newly installed luxury vinyl plank flooring (2024) and crisp white shaker-style cabinetry to the BRAND-NEW stainless steel appliances (2024–2025). The living spaces are airy and bright, featuring modern comforts and IMPACT-RESISTANT WINDOWS on most of the exterior perimiter that offers both beauty and structural peace of mind. Spanning multiple structures, the property includes a stately triplex featuring two 2-bedroom/1-bathroom units and a premier 2-bedroom/2-bathroom residence, alongside a secondary building housing a 2-bedroom/1-bathroom unit and two chic studio apartments. For the visionary investor, the estate offers a value-add opportunity in Building 115. Currently a blank canvas, it is awaiting a custom transformation, this space provides the rare chance to expand the compound into a high-performance 7-plex, further elevating the property’s equity and income potential that already has a 12-15% CAP Rate! This unique estate could also serve as the ultimate FAMILY COMPOUND in a rare opportunity to create a legacy where generations can gather to create lifelong coastal memories! Life at this Manasota Key retreat is defined by its exquisite outdoor amenities. A lush, paved patio serves as the heart of the compound, featuring a spacious SWIM SPA with a WATERFALL and THERAPY JETS, professional-grade BBQ stations, and elegant dining enclaves. Guests can spend their afternoons exploring the bay with the provided kayaks or watching dolphins cruise by from the quiet seating area at the end of Friendship Lane! With the vibrant dining of Manasota Key and historic Dearborn Street and the pristine trails of Stump Pass Beach just a short stroll or free shuttle ride away, this property offers a seamless blend of privacy and world-class accessibility. Offered "as-is" with rights to inspection, this is a cornerstone asset for any luxury portfolio—a rare chance to own a piece of paradise that performs as beautifully as it looks. This property will certainly not last long! Contact us today for an exclusive showing!

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Multi-Family Active

Price

$ 1,169,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 13,339

Style

Multi Family

Lot Size

0.21

Year Built

1946

Town/City

Englewood

County/Region

Charlotte

MLS | Web ID

D6145509

Features
General
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities BB/HS Internet Available Electricity Available Electricity Connected Public Sewer Available Sewer Connected Water Available Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Dryer Electric Water Heater Microwave Range Refrigerator Washer
Zoning MSF5
Patio/Porch Features Patio
Pool Features Gunite Heated In Ground
Construction Materials Wood Frame
Pets Allowed Yes
Year Built 1946
Property Subtype Multi Family
Tax Year 2025
Ownership Fee Simple
County Charlotte
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name S J CHADWICKS RESUB 01
Garage Y/N false
Status Active
Directions From 776 & Beach Road follow Beach Road and at the roundabout turn Left on Gulf Blvd turn Left on Friendship Lane. 6 plex will be on the right side.
City ENGLEWOOD
Senior Community Y/N false
Number Of Units Total 6
MLS Area 34223 - Englewood
Lot Size Units Square Feet
Lot Size Square Feet 9349
Carport Y/N false
Listing Terms Cash Conventional
Spa Features Heated In Ground
Land Lease Y/N false
Tax Annual Amount 13339
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/D6145509
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 2
Legal Description CWS 001 0000 0002 S J CHADWICKS RESUB #1 LOTS 2 & 3 & W10 FT OF LT 4 ORIG LT 7 885/1721 1124/68 CT1437/1495 1523/1559 1660/405 1955/438 2037/507 CD2059/1999 3556/812 3595/660 3792/387 3841/285
Water Access Type Bay/Harbor Beach
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Inside Utility
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Living Room/Dining Room Combo
Flooring Luxury Vinyl
Furnished Y/N Turnkey
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 12
Total Baths 8
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Exterior
Exterior Amenities Rain Gutters
Lot Features FloodZone
Water Source Public
Lot Size Area 9349
Foundation Details Other
Number of Buildings 6
Spa true
Building Area Total 4146
Lot Dimensions 100' x 85' x 100' x 85'
Lot Size Acres 0.21
Road Surface Type Paved
Private Pool true
Waterfront Y/N false
Road Frontage Type Street Paved
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* Excluded Features
List By
Keller Williams Island Life Real Estate

Broker

nicolemantha1@gmail.com

Email

Affordability Calculator

$8,309
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,198
Monthly Property Taxes
$1,112
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/11/2026$1,169,000 Listed Price

Map


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115 FRIENDSHIP LANE, Englewood, FL, 34223 is a Multi-Family Home for sale at $1,169,000 with 4,146 sqft and a lot size of 0.21. 115 FRIENDSHIP LANE has 12 bedrooms, 8.0 baths, and was built in 1946. The property's zip code is 34223 which is in Englewood, FL