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Sold for $1,169,000
  • $1,169,000

    115 Friendship Ln, Englewood, FL 34223

    12beds
    8baths
    4,146sqft
    Multi Family
    Built in 1946
    -- sqft lot
    $1,165,400 Zestimate®
    $282/sqft
    $2,383 Estimated rent

    Home value

    $1,165,400

    $1.06M - $1.28M

    $2,383/mo

    Zestimate® history
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    What's special

    Crisp white shaker-style cabinetryProfessional-grade bbq stationsLush paved patioElegant dining enclaves
    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, in addition the ROOFS were all replaced in 2020!. 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Mantha 941-223-7339,

    KELLER WILLIAMS ISLAND LIFE REAL ESTATE 941-254-6467

    Bought with:

    Carmine Martino, 3614803

    REALTY ONE GROUP MVP

    Source: Stellar MLS,MLS#: D6145509MLS LogoOriginating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Rooms
    • Room types: Utility Room
    Heating
    • Wall Units / Window Unit
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Living Room/Dining Room Combo
    • Flooring: Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 4,146
    • Total interior livable area: 4,146 sqft

    Property

    Features
    • Patio & porch: Patio
    • Exterior features: Rain Gutters
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Waterfront features: Bay/Harbor Access, Beach Access
    Lot
    • Size: 9,349 Square Feet
    • Dimensions: 100' x 85' x 100' x 85'
    • Features: FloodZone
    Details
    • Parcel number: 411912482002
    • Zoning: MSF5
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Other
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: S J CHADWICKS RESUB 01
    HOA
    • Has HOA: No
    Location
    • Region: Englewood

    Financial & listing details

    • Price per square foot: $282/sqft
    • Tax assessed value: $630,265
    • Annual tax amount: $13,339
    • Date on market: 1/11/2026
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/31/2026Sold$1,169,000$282/sqft
    Source: Stellar MLS #D6145509 Report a problem
    1/20/2026Pending sale$1,169,000$282/sqft
    Source: Stellar MLS #D6145509 Report a problem
    1/11/2026Listed for sale$1,169,000+6.6%$282/sqft
    Source: Stellar MLS #D6145509 Report a problem
    9/2/2025Listing removed$1,097,000$265/sqft
    Source: Stellar MLS #D6142396 Report a problem
    8/29/2025Price change$1,097,000-1.1%$265/sqft
    Source: Stellar MLS #D6142396 Report a problem
    8/18/2025Price change$1,109,000-1.6%$267/sqft
    Source: Stellar MLS #D6142396 Report a problem
    7/31/2025Price change$1,127,000-0.9%$272/sqft
    Source: Stellar MLS #D6142396 Report a problem
    7/12/2025Price change$1,137,000-1%$274/sqft
    Source: Stellar MLS #D6142396 Report a problem
    6/21/2025Price change$1,149,000-2.5%$277/sqft
    Source: Stellar MLS #D6142396 Report a problem
    6/7/2025Price change$1,179,000-1.7%$284/sqft
    Source: Stellar MLS #D6142396 Report a problem
    5/19/2025Listed for sale$1,199,999+189.2%$289/sqft
    Source: Stellar MLS #D6142396 Report a problem
    2/13/2014Sold$415,000+27.7%$100/sqft
    Source: Public Record Report a problem
    8/6/2013Sold$325,000+103.1%$78/sqft
    Source: Public Record Report a problem
    3/22/2011Sold$160,000+3.2%$39/sqft
    Source: Public Record Report a problem
    11/25/1998Sold$155,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,896 -22.5%$630,265 -17.2%
    2024$17,938 +1.5%$761,626 +6.5%
    2023$17,667 +7.9%$715,457 +10%
    2022$16,374 +6%$650,415 +10%
    2021$15,451 +1%$591,286 +1%
    2020$15,293 +8.8%$585,207 +10%
    2019$14,061 +7.5%$532,006 +3.7%
    2018$13,074 $512,799 +6%
    2017$13,074 +27.9%$483,834 +17.4%
    2016$10,219 +10.2%$412,185 +2.1%
    2015$9,271 +2.3%$403,901 +46.5%
    2014$9,065 +199.1%$275,650 +23.8%
    2013$3,030 -24.2%$222,570 -16.2%
    2012$3,999 -15.1%$265,664 +2.1%
    2010$4,711 $260,254
    Find assessor info on the county website

    Neighborhood: 34223

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,165,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,165,400