Prime Gulf Coast Investor Opportunity – 6-Unit Multifamily Income Property in Englewood, FL – Price Reduced to $775,000!

Seize the chance to own a rare Englewood income-producing property just steps from Lemon Bay and only 2 miles from the pristine Gulf Coast beaches of Southwest Florida. Located 1.5 miles from historic West Dearborn Street—home to boutique shops, waterfront dining, farmers markets, and entertainment—this location offers the perfect balance of Florida lifestyle and investment potential.

For over two decades, this property was part of the Englewood Lighthouse Resort, a charming destination known for its Old Florida appeal. Today, it stands ready for a new investor with three brand-new roofs and fully furnished units, making it a true turnkey multifamily opportunity.

Property Highlights:

6 rentable units, including two standalone cottages with terrazzo floors

Spacious private patios with sunset views over Lemon Bay

Adjacent to Lemon Bay Park with public boat launch, picnic pavilion & walking trails

Flexible rental options: long-term rentals (LTR) or short-term rentals (STR)

Value-add opportunities: potential for pool, hot tub, or shuffleboard refurb

Whether your strategy is maximizing vacation rental income through Airbnb/VRBO or maintaining steady long-term tenant cash flow, this property checks all the boxes. Its prime location, condition, and rental flexibility ensure strong demand, future appreciation, and immediate returns.

Don’t miss this rare chance to secure a Gulf Coast multifamily investment property near Englewood Beach, Lemon Bay, and the lifestyle that makes Southwest Florida one of the most desirable coastal markets.