Key West Rooftop Bungalows-3 new construction, hurricane-resistant, storm-strong, steel built, rooftop-deck bungalows in Englewood, FL—sit under 2 miles from Manasota Key Beach and ~20 minutes from Billionaire Boca Grande. It’s the perfect blend of unique, experience-forward design and blue-water access that keeps calendars full and rates premium. The construction EXCEEDS Miami Dabe hurricane codes and is built well above the 100-year FEMA flood tables! Perfect STR portfolio: Most-Likely Financial Snapshot (2026) NOI: ~$158,351 Cap Rate: ~15.8% on $1,000,000 Cash-on-Cash: ~45% (20% down) Modeled IRS§179/Bonus: up to $900,000 Yr-1 deductions ? ~$360,000 tax savings at a 40% bracket* Why this location wins! Boca Grande • Manasota Key • Englewood — a hidden gem on Florida’s Gulf Coast. Guests step onto sugar-sand beaches, launch boats/jet skis into Lemon Bay, kayak mangrove tunnels, and spend luxe afternoons in Boca Grande’s lighthouse village. At a glance: Manasota Key Beach: ~2 miles (quick drive or bike) Stump Pass Beach State Park: ~10 minutes Boca Grande (Gasparilla Island): ~20 minutes Water: Lemon Bay/ICW marinas + boat & jet ski rentals + SUP/kayak eco-tours minutes away Waterfront Dining: Farlow’s on the Water, Lock ’N Key (Englewood Beach), Magnolia’s on the Bay (Manasota), Pink Elephant (Boca) Regional access: Sarasota, Venice, Fort Myers, Cape Coral — under 1 hour. Tampa & Naples — under 2 hours.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
