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.