6845 Manasota Key Road

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6845 Manasota Key Road

Englewood, FL 34223
Asking Price
$1.10M
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel situated in the community of Englewood.
  • Property features both beach and bay access for residents.
  • Offered for sale with an asking price of $1,100,000.
  • Located at 6845 Manasota Key Road in Florida.
  • Ideally positioned for development of a custom coastal residence.

What's Special

This residential land at 6845 Manasota Key Road provides a prime foundation for a custom coastal home on Florida's Gulf Coast. Situated in the desirable community of Englewood, the property offers a unique positioning with both beach and bay access. This area is characterized by its relaxed coastal lifestyle and proximity to the tranquil waters of the Gulf of Mexico, making it a sought-after location for primary residences or secondary vacation properties. Residents enjoy the natural landscape and the slow-paced charm that defines this stretch of Manasota Key. Given the local market demand for waterfront access, this parcel serves as a viable investment for those looking to build in a prominent barrier island environment. The surrounding region continues to draw interest from buyers who prioritize direct access to recreational boating, fishing, and pristine shoreline settings within the southwest Florida market.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

Location & Travel Times