Directly across from Stump Pass Marina and the ever-popular Lighthouse Grill, this FULLY RENOVATED IN 2025 TRIPLEX represents a high-demand, income-producing asset in one of Englewood’s most active waterfront corridors. With immediate access to boat docking, waterfront dining, live entertainment, and direct Gulf access within minutes, the location alone drives consistent year-round rental appeal. COMPLETELY REBUILT with longevity and efficiency in mind, the property features ALL-NEW PLUMBING, ROOF, WINDOWS, HVAC SYSTEMS, APPLIANCES, AND INTERIOR FINISHES — significantly reducing near-term capital expenditure. Offered FULLY FURNISHED AND TURNKEY, operations can begin immediately. The configuration is ideal for diversified income streams. TWO UPDATED 2-BEDROOM, 1-BATH UNITS (Unit A & B) offer strong short- or long-term rental potential, each with open-concept layouts and modern coastal finishes. A separate laundry structure with additional half bath and outdoor shower enhances guest appeal and functionality. The third (Unit C) 2-BEDROOM, 2-BATH UNIT serves as a premium rental option, distinguished by architectural character including pecky cypress walls, exposed beams, a stone feature wall, wood-burning fireplace, indoor grill, lofted entertainment space, and private laundry — commanding higher rental rates. Multiple units allow flexibility in strategy: operate as short-term vacation rentals, mid-term seasonal housing, long-term leases, or a hybrid model to maximize occupancy and revenue. The boating-centric location supports premium nightly rates and consistent demand from seasonal visitors, fishing enthusiasts, and waterfront lifestyle seekers. With strong tourism drivers, limited comparable multi-unit inventory in this immediate marina district, and walkability to dining and entertainment, this asset is positioned for both cash flow and long-term appreciation. For investors seeking a stabilized, low-deferred-maintenance property in a prime coastal location with built-in lifestyle demand, this opportunity checks the fundamental boxes: location, condition, flexibility, and income potential.
3,452 Sq Ft
0.22 Private Acres Lot Size
Investment
$11,668 Annual Tax
Built in 1983
MLS/Listing ID D6146143
3 Units
Construction - Wood Frame
Construction - Stucco
Construction - Block
Cooling - Central Air
Storage
Private Entrance
Outdoor Grill
Wood Burning Fireplace
Stone Fireplace
Living Room Fireplace
Slab
Construction - Wood Siding
Water View
Screened
Side Porch
Common Area
Inside
Laundry Room
Eat-in Kitchen
High Ceilings
Kitchen Family Room Combo
Living Dining Room
Open Floor Plan
Stone Countertops
Window Treatments
Heating - Electric
Shingle
Thermostat
Solid Wood Cabinets
Ceiling Fans
Turn Key Furnished
Crawlspace
French Doors
TOTAL MONTHLY COST
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