#N6135221, Tammy Kitt, Listing office: MICHAEL SAUNDERS & COMPANY
115 Friendship Ln Englewood, FL 34223
Property details
About 115 Friendship Ln
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.
Highlights
Summary
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring Type: Luxury Vinyl
- Interior: Living Room/Dining Room Combo
- Attached Garage: No
- Private Pool: Yes
- Exterior: Rain Gutters
- Heating: Ductless
- Cooling: Wall/Window Unit(s)
- List Price: $1,199,999
- Price/SqFt: $289
- HOA Amount: $0
- Annual Tax Amount: $17,667
- Tax Year: 2023
- Lot: Flood Zone, Paved
- 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.
- Year Built: 1946
- Living Area: 4,146 SqFt
- Lot Size: 0.21 Acres
- MLS Number: D6142396
- MLS Name: MFRMLS
- Office Name: MICHAEL SAUNDERS & COMPANY
- Office Phone: (941) 473-7750
- Listing Agent: Maryann Casey
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Last updated on: 6/5/2025, 9:34:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,199,999
115 Friendship Ln
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 13, 2014 | Home Sold | $415,000 |
Aug 06, 2013 | Home Sold | $325,000 |
Mar 22, 2011 | Home Sold | $160,000 |
Oct 23, 2001 | Home Sold | $350,000 |
Nov 25, 1998 | Home Sold | $155,000 |
Apr 03, 1997 | Home Sold | $139,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $715,457 | $17,667 |
2022 | $675,238 | $16,373 |
2021 | $591,286 | $16,373 |
2020 | $586,046 | $15,451 |
2019 | $532,006 | $13,074 |
2018 | $524,889 | $13,074 |
2017 | $483,834 | $10,254 |
History based on county public records data.
Nearby schools
6
Englewood Elementary School
Public District PK-5
3.3 mi
•150 N McCall Rd
7
Vineland Elementary School
Public District PK-5
4.4 mi
•467 Boundary Blvd
3
Myakka River Elementary School
Public District PK-5
7.6 mi
•12650 Willmington Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,118. The most common annual income of people living in Englewood, FL is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 115 Friendship Ln
The listing price of 115 Friendship Ln property is $1,199,999.
The property 115 Friendship Ln is a multi located in Englewood, Florida, 34223.
Active Listing: 115 Friendship Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 115 Friendship Ln are: Englewood Elementary School (GreatSchools Rating 6/10), Vineland Elementary School (GreatSchools Rating 7/10), Myakka River Elementary School (GreatSchools Rating 3/10), Sky Academy Englewood (GreatSchools Rating 7/10), L. A. Ainger Middle School (GreatSchools Rating 7/10), Venice Middle School (GreatSchools Rating 7/10), Lemon Bay High School (GreatSchools Rating 5/10), State College of Fla Collegiate School-Venice (GreatSchools Rating 6/10), Venice High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $17,667 (source: MLS/based on county public records data).
The last sale was on February 13, 2014 for $415,000 (source: MLS/tax record).
The property 115 Friendship Ln is 4,146 SqFt (source: MLS/tax record).
The year of construction for 115 Friendship Ln is 1946.
This home is located at 115 Friendship Ln in Englewood, FL and zip code 34223. This 4,146 square foot home, which was built in 1946, sits on a 0.21 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $1,199,999.
In May 2025 more than 7 listings in Englewood, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 88 were sold below. The inventory of homes for sale in Englewood, FL between April and May 2025 decreased by 1.8%. The median list price of listings available in May 2025 was $361,042, while the average time on the real estate market was 87 days.