- – beds
- – baths
- 4,146 sqft
- 9,349 sqft lot
- $284 per sqft
- 1946 build
- – on site
This is a rare and exciting opportunity to own a highly desirable income-producing property ($248,000 gross income in 2024) on Manasota Key, a serene and charming beach town ideally positioned between the Gulf of Mexico and Lemon Bay. With deeded beach and bay access, this unique six-unit compound offers guests and investors the best of both worlds—easy access to sun-soaked beaches and tranquil waters perfect for kayaking. This property has a strong rental history through platforms like VRBO, Airbnb, and Booking.com, offering investors an attractive stream of passive income in a high-demand vacation area. Consistently high guest review scores across platforms reflect strong guest satisfaction and a proven track record of repeat bookings—an attractive indicator of reliable income potential. Unlock the potential for strong returns with the option to lease the entire complex or maximize value by living in one unit while generating income from the others. The property features a total of six units spread across a triplex and two additional buildings, along with separate on-site laundry facilities. The triplex includes two 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit. Building 117 offers a 2-bedroom, 1-bath unit and two cozy studio apartments. Building 115, formerly a 2-bedroom, 1-bath unit, had a refrigerator fire and sustained damage and is being sold in “as-is” condition, providing a blank canvas for its new buyer to customize it to their liking. All units are beautifully decorated with a fresh beachy vibe and are being sold turnkey furnished. They feature luxury vinyl plank (LVP) flooring installed in 2024, newer stainless steel appliances (2024–2025), updated kitchens with white shaker-style cabinetry, and pull-out sofa sleepers for additional guest accommodations. Most of the windows on the exterior perimeter are impact-resistant for added peace of mind. The pool pump and heater were replaced in 2024–2025, and the roofs were redone in 2020. Outdoor amenities are designed to enhance the guest experience, with a beautifully paved patio area, BBQ grills, outdoor showers, a ping pong table, chaise lounges, and dining tables. A spacious swim spa featuring a waterfall and massage therapy jets, installed in 2015, adds a luxurious touch. Guests also enjoy the use of four kayaks and a quiet seating area at the end of Friendship Lane—perfect for watching boats & dolphins cruise by. Manasota Key is a hidden gem along Florida’s Gulf Coast, renowned for its laid-back atmosphere, scenic beauty, excellent shelling, shark tooth hunting, and unforgettable sunrises and sunsets. Enjoy the ultimate in walkable living—just steps from the beach, Lemon Bay, and a variety of local restaurants. Whether you're heading to Stump Pass Beach or dining nearby, everything is within walking distance or a short free shuttle ride away—ideal for both vacationers and long-term guests. Sold “as-is” with rights to inspection, this property presents a compelling opportunity for investors seeking reliable rental income, long-term appreciation, and the unique lifestyle that only beachfront living can offer.
Last checked:
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Checking…
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Last updated Jun 17, 2025
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MLS# D6142396 —
Upcoming Open Houses
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Sunday, 6/22
2pm-4pm
The Building
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Year Built:1946
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New Construction:false
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Construction Materials:Wood Frame
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Roof:Shingle
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Foundation Details:Other
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Patio And Porch Features:Patio
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# of Buildings:6
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Building Area Total:4146
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Living Room/Dining Room Combo
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Furnished:Turnkey
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Flooring:Luxury Vinyl
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Additional Rooms:Inside Utility
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Fireplace:false
Room Dimensions
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Living Area:4146
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From 776 & Beach Road, go SW on Beach Road, at roundabout turn Left on Gulf Blvd, go .5 miles and turn Left on Friendshipp Lane. 6 plex will be on the right side.
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Latitude:26.917956
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Longitude:-82.355558
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Coordinates:-82.355558, 26.917956
The Property
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Parcel Number:411912482002
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Features:FloodZone
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Lot Size Acres:0.21
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Lot Size Area:9349
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Lot Size SqFt:9349
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Lot Size Dimensions:100' x 85' x 100' x 85'
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:MSF5
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View:false
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Exterior Features:Rain Gutters
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Water Source:Public
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:AE
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Flood Zone Panel:12015C0186G
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Additional Parcels:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (941) 468-3741
- Office phone:
- (941) 473-7750
Taxes
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Tax Year:2024
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Tax Lot:2
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Tax Legal Description:CWS 001 0000 0002 S J CHADWICKS RESUB #1 LOTS 2 & 3 & W10 FT OF LT 4 ORIG LT 7 885/1721 1124/68 CT1437/1495 1523/1559 1660/405 1955/438 2037/507 CD2059/1999 3556/812 3595/660 3792/387 3841/285
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Tax Annual Amount:$17,938
The Listing
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Virtual Tour URL Unbranded:https://cmsphotography.hd.pics/115-Friendship-Ln/idx
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Special Listing Conditions:None
Heating & Cooling
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Heating:Wall Units / Window Unit
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Heating:true
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Cooling:Wall/Window Unit(s)
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Inside
The Community
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Subdivision Name:S J CHADWICKS RESUB 01
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Senior Community:false
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Waterview:false
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Water Access:Beach - Access Deeded
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Water Access:true
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Waterfront:false
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Spa:true
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Spa Features:Heated
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Pool Private:true
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Pool Features:Gunite
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Pets Allowed:Yes
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Pet Restrictions:See Charlotte County Rules & Regs.
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
Extra Units
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# of Units Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/7/25
Jun 7, 2025
|
Price Changed | STELLAR_MLS | $1,179,000 | -1.7% |
5/19/25
May 19, 2025
|
Listed / Active | STELLAR_MLS | $1,199,999 | 269.2% (22.8% / YR) |
7/31/13
Jul 31, 2013
|
STELLAR_MLS | $325,000 |