$750,000
$749,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
2,600 SqFt
SOLD DATE : 09/09/2021
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $288
Subdivision Tyler & Darling Add 01
MLS Listing ID T3312439
Sold Date 09/09/21
HOA Y/N No
Year Built 1951
Annual Tax Amount $5,038
Lot Size 0.510 Acres
Acres 0.51
Property Description
Charming “Old Florida” six-unit resort is available for purchase. This small, family run destination has been around since 1951 and provides guests with a friendly, laid back way to relax in Englewood. As one of the few remaining vacation gems, this property has stood the test of time. Each cottage is named for a Florida lighthouse and boasts a colorful palette with a dash of white picket fences. The landscaping highlights the colors throughout the resort. Central to the property is the fabulous mango tree that provides the mangos for our complimentary “magical Mango bread” as a welcome treat for our guests. Guests may unwind, but still enjoy flat screen TVs and wifi in their homes away from home.
This listing is for a fully operational, six unit, transient rental business in Englewood, Sarasota County. Business has been run by Seller since purchase in 2002. Business has the very unique feature of nightly rentals grandfathered into this Zoning district. Resort encompasses four masonry buildings, lit monument sign on street front, huge mango and Jacaranda trees, Paver patio with outdoor seating and grilling option, shuffleboard court, coin operated laundry room, and landscaping shed. Cottages are colorfully decorated in the lighthouse theme throughout. Resort website integrates with external booking portals expedia.com, booking.com, and tripadvisor.com. Resort boasts a great online reputation.
Location
State FL
County Sarasota
Community Tyler & Darling Add 01
Zoning RMF2
Rooms
Other Rooms Florida Room
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Window Treatments
Heating Electric, Space Heater, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Terrazzo, Tile
Furnishings Turnkey
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Laundry Laundry Room, Outside
Exterior
Exterior Feature Outdoor Grill, Sidewalk, Storage
Parking Features Assigned, Circular Driveway, Guest, Off Street, Reserved
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Street Lights, Telephone Nearby, Water Available
View Y/N 1
View Garden
Roof Type Shingle
Porch Enclosed, Front Porch, Patio, Rear Porch, Screened
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, In County, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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