1900 Manasota Beach Rd
Englewood, FL 34223

The Manasota Beach Cottages – Newly renovated 6-unit cottages are a rare income producing and investment property located less than 5 minutes walk from the pristine, unspoiled Manasota Public Beach & Pavilion and public boat ramp with direct access to the inter-coastal. Each unit can rent for roughly $2,500 a month from January to March/April, and $1,500 per month April/May to December. From January to April we are usually booked out two years in advance. We are licensed for both long-term and short-term stays, with the shorter-term stays generating more income because the nightly and weekly rates are higher. Asking price for the Manasota Beach Cottages is $1,399,500 cash and we are not interested in financing or accepting payments. We will only accept close to the asking price so please only those with sufficient access to funds inquire about the property. We hate to put it that way, but we don’t want to be wasting your time or our time. Thank you for your understanding. Units were remodeled over the past two years. Turn key property with all new upgrades, so maintenance will be minimal for years to come. The floors are 7-inch thick Terrazzo, walls are block, and ceiling is beautifully restored cedar beams with tongue and groove. These units will easily last another 100 years. If you have dreamed of owning and operating local beach cottages, then this opportunity doesn’t come open very often. Do your research and see how many renovated income producing properties close to the beach are available at this price. The advantage of owning a property like this is the property increases in value, it generates good income, and you can depreciate the property over the next 27.5 years. Because of the location close to the beach, and the increased development in this area, the property will continue to increase in value. The cottages sit on two lots with the lots next to us having sold for more than $250,000 per lot with no electricity, plumbing, drainage, septic, water, or development whatsoever. We are selling because we like to renovate properties and then sell, not manage the day to day operations of a business. That is better left to those with operations experience and interest. Sold as is. Do not walk around the property and disturb current tenants/guests! Serious inquiries only with proof of funds!!! Thank You!