Multifamily Property for Sale in Englewood, FL

  • Price: $1.9M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Englewood, FL 34223
  • Size: 3,669 SF

Description

Own Your Own Mini Resort on Manasota Key! Welcome to Gecko House — an exceptional investment opportunity on Manasota Key! This fully updated, turnkey quadplex with DEEDED BEACH AND BAY ACCESS offers the ultimate resort-style experience complete with a large pool, dock, and kayak launch! The fully operational business boasts 5-star reviews and a calendar full of upcoming rentals. This one-of-a-kind property has been meticulously maintained and designed to provide both guests and owners with a true slice of paradise and exceptional income potential. Nestled among mature coastal landscaping, graceful bamboo, and stately oak trees, this private tropical haven creates a serene and secluded atmosphere that sets it apart from other properties on the Key. The entire top floor (Unit 3) showcases a spacious 1,419 sq. ft. residence with two oversized bedrooms, two full baths, a modern open kitchen, private laundry room, and a large sunny balcony for evening relaxation. Formerly used as an owner’s seasonal retreat, this luxurious space has also generated excellent short-term rental income thanks to its appeal for families and extended stays. The first floor features three additional turnkey rental units, each with private entrances, that have achieved outstanding reviews and a perfect 10 rating on short-term rental platforms. Unit 1 offers 2 bedrooms and 1 bath, Unit 2 includes 1 bedroom and 1 bath, and Unit 4 is a charming efficiency with 1 bedroom and 1 bath. Each unit features a fully stocked kitchen, new appliances, completely updated interiors, and new stylish furnishings. Step outside to the adjoining parcel where your guests will enjoy the private heated saltwater pool—a rare find in this area—set in a fenced, resort-style courtyard surrounded by lush tropical foliage, ample seating, umbrellas, and vibrant landscaping. Additional outbuildings provide fully stocked storage for beach chairs, buggies, umbrellas, and supplies, while on-site laundry facilities are available f

Market Context

This multifamily in Englewood, FL is listed for sale at $1,890,000 across 3,669 SF. It has been on the market for 38 days. Compare it against other multifamily listings for sale in Englewood, FL — <a href="/search/sale/multifamily/florida/englewood">view the full market</a>.

As of Q4 2025, the Denver multifamily market showed cap rates around 5.3%. Source: Consensus Q4 2025 market report.

Multifamily market FAQ

What is the typical cap rate for multifamily in Denver?
About 5.3% as of Q4 2025, per Consensus.

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