Commercial Sale · Multi Family (5+)
1120 GULF BOULEVARD, ENGLEWOOD, FL, 34223
Active53 days on marketListed Jun 19, 2026MLS #D6147835
About this property
The property at a glance
Established 7-Unit Short-Term Vacation Rental Property on Manasota Key! Rare opportunity to purchase an established licensed short-term vacation rental property currently accommodating nightly, weekly, monthly, and seasonal rentals on the desirable southern end of Manasota Key. Offered as a package, the property consists of two adjacent buildings with a total of seven rental units. The Main House is a two-story building featuring five remodeled rental suites, including three 1-bedroom, 1-bathroom suites, one 2-bedroom, 1-bathroom suite on the lower level, and a spacious 3-bedroom, 2-bathroom suite occupying the entire upper level. The lower-level suites feature open floor plans, updated kitchens with granite countertops and stainless-steel appliances, updated bathrooms with tiled walk-in showers, and private outdoor patios. The upper-level 3-bedroom, 2-bathroom suite provides flexibility for owner occupancy or additional rental income and features a full kitchen, living area, ensuite primary bedroom, private balconies, and partial Gulf views. The Pool House is a renovated single-story duplex featuring two side-by-side 2-bedroom, 1-bathroom suites connected by a shared screened front porch and offering access to a private heated swimming pool and tiki bar area. Designed to create a memorable guest experience, the property features lush tropical landscaping, evening landscape lighting, private patios and outdoor seating areas for each suite, outdoor dining spaces, Weber grilling stations, outdoor showers, shell and shark tooth cleaning stations, on-site laundry facilities, and Wi-Fi. A two-car gathering garage provides additional guest space with lawn games, a full-size refrigerator with a freezer, a large-screen TV, and seating for 32. The Pool House offers even more amenities with a private heated swimming pool, tiki bar gathering area, and outdoor entertainment space. This setup allows for a multitude of rental options for large groups, families, or the single couple looking for a peaceful vacation spot. Located on the southern end of Manasota Key, the property is within walking distance of nearby beach access and just moments from Stump Pass Beach State Park. Guests enjoy convenient access to Gulf beaches, boating, fishing, shelling, wildlife viewing, waterfront dining, tiki bars and nightly entertainment, marinas, shopping, golf courses, and numerous local attractions. Few properties offer the combination of scale, flexibility, guest amenities, and island charm found in this unique Manasota Key investment offering, creating an exceptional opportunity in today's vacation rental market.
6,669
Building sq ft
$598
Price / sq ft
0.4
Lot acres
1960
Year built
7
Units
2
Buildings
MMF7.5
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
$341,272
Gross income (yr)
$570,000
Price / unit
7
Units
Estimated payment (illustrative)
Estimated payment
$19,567/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Bridget to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
19,036
Population
$70,155
Median income
67.6
Median age
1.89
Avg household
$358,000
Median home value
$1,288/mo
Median rent
693
Households w/ kids
Recent sales
What actually sold near 1120 GULF BOULEVARD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,050,000
2900 PLACIDA ROAD
5,700 sqft · $184/sqft · Sold Mar 14, 2025
$1,250,000
2625 S MCCALL ROAD
4,005 sqft · $312/sqft · Sold Apr 8, 2026
$1,000,000
2230 N BEACH ROAD
3,708 sqft · $270/sqft · Sold Dec 9, 2025
Your team
The pros in your corner
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1120 GULF BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1120 GULF BOULEVARD.
See it in person
Schedule a tour
Live availability from Bridget's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of RE/MAX ALLIANCE GROUP · Carla Stiver, PA. MLS #D6147835.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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