115 Friendship Lane, Englewood, FL 34223
Local realty services provided by:Tomlin St Cyr Real Estate Services ERA Powered
Listed by: nicole mantha
Office: keller williams island life real estate
MLS#:D6145509
Source:MFRMLS
Price summary
- Price:$1,169,000
- Price per sq. ft.:$281.96
About this home
Unrivaled Manasota Key Investment: High-Yield 6-Unit Compound!
Nestled on the sun-drenched shores of Manasota Key, where the morning light dances across Lemon Bay and the evenings conclude with a legendary Gulf of Mexico sunset, lies an unrivaled investment opportunity. This exclusive six-unit residential compound represents the pinnacle of the "Old Florida" lifestyle, harmonizing serene coastal charm and a powerhouse financial profile. With a HIGH producing income, this estate is more than a property; it is a meticulously curated vacation destination with a proven legacy of success on global rental platforms and a high rate of recurring guests seeking the ultimate island escape.
Offering the rare luxury of versatility, providing public BEACH and BAY ACCESS nearby that invites residents and guests to wander from white-sand shorelines to tranquil turquoise waters in a matter of moments, JUST 500 FEET in either direction! The compound itself is a pinnacle in coastal design, sold turnkey furnished with a sophisticated "beachy" aesthetic. Every detail has been considered for the discerning guest, from the newly installed luxury vinyl plank flooring (2024) and crisp white shaker-style cabinetry to the BRAND-NEW stainless steel appliances (2024–2025). The living spaces are airy and bright, featuring modern comforts and IMPACT-RESISTANT WINDOWS on most of the exterior perimiter that offers both beauty and structural peace of mind. Spanning multiple structures, the property includes a stately triplex featuring two 2-bedroom/1-bathroom units and a premier 2-bedroom/2-bathroom residence, alongside a secondary building housing a 2-bedroom/1-bathroom unit and two chic studio apartments. For the visionary investor, the estate offers a value-add opportunity in Building 115. Currently a blank canvas, it is awaiting a custom transformation, this space provides the rare chance to expand the compound into a high-performance 7-plex, further elevating the property’s equity and income potential that already has a 12-15% CAP Rate! This unique estate could also serve as the ultimate FAMILY COMPOUND in a rare opportunity to create a legacy where generations can gather to create lifelong coastal memories!
Life at this Manasota Key retreat is defined by its exquisite outdoor amenities. A lush, paved patio serves as the heart of the compound, featuring a spacious SWIM SPA with a WATERFALL and THERAPY JETS, professional-grade BBQ stations, and elegant dining enclaves. Guests can spend their afternoons exploring the bay with the provided kayaks or watching dolphins cruise by from the quiet seating area at the end of Friendship Lane! With the vibrant dining of Manasota Key and historic Dearborn Street and the pristine trails of Stump Pass Beach just a short stroll or free shuttle ride away, this property offers a seamless blend of privacy and world-class accessibility. Offered "as-is" with rights to inspection, this is a cornerstone asset for any luxury portfolio—a rare chance to own a piece of paradise that performs as beautifully as it looks. This property will certainly not last long! Contact us today for an exclusive showing!
Contact an agent
Home facts
- Year built:1946
- Listing ID #:D6145509
- Added:1 day(s) ago
- Updated:January 12, 2026 at 12:00 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Living area:4,146 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1946
- Building area:4,146 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$1,169,000
- Price per sq. ft.:$281.96
- Tax amount:$13,339 (2025)
New listings near 115 Friendship Lane
- New
$289,596Active2 beds 2 baths1,564 sq. ft.8509 Shore Lake Drive, ENGLEWOOD, FL 34224
MLS# D6145528Listed by: KELLER WILLIAMS ISLAND LIFE REAL ESTATE - New
$4,550,000Active4 beds 4 baths3,667 sq. ft.2708 N Beach Road #5, ENGLEWOOD, FL 34223
MLS# D6145514Listed by: PARSLEY BALDWIN REAL ESTATE - New
$1,350,000Active0.46 Acres10484 Raymond Street, ENGLEWOOD, FL 34224
MLS# D6145525Listed by: PARADISE EXCLUSIVE INC - New
$462,205Active4 beds 3 baths2,032 sq. ft.8099 Saint Kitts Circle, ENGLEWOOD, FL 34224
MLS# A4677708Listed by: FATHOM REALTY FL LLC - New
$150,000Active0.06 Acres7500 Park Pointe Drive #42, ENGLEWOOD, FL 34224
MLS# D6145519Listed by: GULF REALTY & ASSOCIATES LLC - New
$245,000Active2 beds 2 baths1,254 sq. ft.10373 Sandrift Avenue, ENGLEWOOD, FL 34224
MLS# N6142204Listed by: EXCITE REALTY LLC - New
$450,000Active3 beds 2 baths1,665 sq. ft.10084 Topsail Avenue, ENGLEWOOD, FL 34224
MLS# D6145435Listed by: PARADISE EXCLUSIVE INC - New
$360,910Active3 beds 3 baths1,849 sq. ft.8092 Saint Kitts Circle, ENGLEWOOD, FL 34224
MLS# D6145489Listed by: HOMESMART - New
$395,000Active3 beds 2 baths1,690 sq. ft.10436 Gulfstream Boulevard, ENGLEWOOD, FL 34224
MLS# TB8462631Listed by: BHHS FLORIDA PROPERTIES GROUP