Englewood - Beach Property For Sale #6727521

Under contract-accepting backup offers. Don't miss this outstanding opportunity to own an income-producing duplex in a sought-after, non-HOA location just minutes from Englewood's beautiful Gulf beaches and the revitalized Dearborn Street.

150 W Fray St is a classic Florida multi-family property perfect for investors, snowbirds seeking rental income, or an owner who wishes to occupy one side and rent the other.

Property Highlights:
Duplex (Multi-Family Zoned): Provides immediate income potential from two separate units. The property offers a total of 900 sq ft of living space (1-bedroom/1-bath on each side).

Excellent Location: Situated in a desirable Englewood area, offering quick access to:

Old Englewood Village: Enjoy the popular dining, shopping, and entertainment on Dearborn Street.

Gulf Beaches: A short drive to Manasota Key and Englewood Beach.

Conveniences: Close proximity to Englewood Hospital, shopping centers, and local amenities.

Large Lot: Situated on a substantial 10,757 sq ft lot, providing ample parking, privacy, and room for potential expansion or a spacious backyard common area.

Solid Construction: Built in 1958, these block structures are a staple of Old Florida construction.

Investment Potential:
This property has historically been an excellent rental producer, making it a straightforward addition to any investment portfolio. With two separate electric meters, tenants are responsible for their own electricity, simplifying landlord expenses (water is typically a shared expense). The low-maintenance flooring and durable construction make this an ideal long-term investment.

Capitalize on the soaring demand for rentals in Southwest Florida. Whether you're seeking immediate income or looking for a home with supplemental income, this is a versatile property in a high-demand area.