7990 Manasota Key Rd, Englewood, FL 34223

Off Market Dec 2017 for $2.1M

—

•

13 ba

•

27,314

sq ft

7990 Manasota Key Rd, Englewood, FL 34223

About this home

Back on the Market-Price Reduction! Rare beach front Inn / Hotel, located DIRECTLY on the Gulf of Mexico. The property is a CASH COW with 5 & 1/2 Stars on Trip Advisor and is located on the North End of Manasota Key in Sarasota County Florida. The property features 13 newly renovated beachfront condo suites, and is a TURN-KEY operation currently generating approximately $700,000 of gross income per year! The one of a kind location, along with an expert management staff, has created a clientele that continues to return year after year, subsequently minimizing marketing overhead & increasing net operating income. This unique Gulf Front Inn sits on almost 3/4's of an acre of lush tropical landscape, overlooking miles of light, powdery sandy beaches. The property is being offered at a 10.15% CAP Rate at the current asking price and is equipped with an excellent management staff more than willing to stay on after the sale of the property. Complete financials are available in the property offering memorandum.

Multi-familyProperty Type

1953Year Built

0.63 acresLot Size

$77Price/Sq.Ft.

Listed by Debbie Mueller • RADIANT ASSET MANAGEMENT INC

Bought with Non-Member Agent • STELLAR NON-MEMBER OFFICE

Redfin checked: a few seconds ago

•Source:Stellar MLS as Distributed by MLS Grid #U7808513

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 34223, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.1%

+0.2% MoM

Median sale price

$521K

$31K MoM

Avg. days on market

88d

3 days MoM

Recently sold homes

193

16 MoM

New listings for sale

NEW 4 HRS AGO
$245,000
2 beds2 baths1,378 sq ft
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NEW 17 HRS AGO
$239,000
2 beds2 baths1,384 sq ft
676 Linden Dr, Englewood, FL 34223
NEW 18 HRS AGO
$295,000
1 bed1 bath657 sq ft
5055 N Beach Rd #203, Englewood, FL 34223
OPEN TODAY, 11AM TO 1PM
$259,000
2 beds2 baths1,478 sq ft
306 Persimmon St #208, Englewood, FL 34223
FOR SALE BY OWNER
$199,000
1 bed1 bath904 sq ft
1270 Manor Rd, Englewood, FL 34223
$199,900
2 beds2 baths1,056 sq ft
1531 Placida Rd Unit 9-104, Englewood, FL 34223
OPEN SUN, 12PM TO 2PM
$485,000
3 beds2 baths1,850 sq ft
26886 Pavin Dr, Englewood, FL 34223
3D WALKTHROUGH
$205,000
2 beds2 baths1,066 sq ft
1730 Manasota Beach Rd #105, Englewood, FL 34223
$245,000
2 beds2 baths1,498 sq ft
680 Linden Dr, Englewood, FL 34223
$2,750,000
4 beds3.5 baths4,729 sq ft
1115 Bayshore Dr, Englewood, FL 34223
See all

Provided by Redfin

Sale history for 7990 Manasota Key Rd

Public record

Public record
Zoning
Permits

Beds

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Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Sarasota County

APN

0000008529

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on Feb 5, 2025.

RE-2

Residential Estate District

The RE Districts permits large lot, estate-type development. A limited number of nonresidential uses are allowed, subject to the restrictions and requirements necessary to preserve and protect the low-density estate character of the district; The RE Districts are generally used to implement the Comprehensive Plan within those areas shown as Semi-Rural, Low Density and Moderate Density Residential on the Future Land Use Map. Locations on the Barrier Islands that have existing RE zoning are acknowledged, and are considered to be consistent with the Future Land Use Map; however, such lands shall not be rezoned to a more intensive RE District; Agricultural uses permitted under the OUE-2 District prior to October 27, 2003, shall continue to be permitted uses on those parcels converted from OUE-2 to RE-1 zoning.

Permitted uses

Include but are not limited to:

Agriculture
Equestrian facility
Livestock production
Housing-Group
Housing-Single unit
Housing-Senior
Housing-Student
Infrastructure
Veterinary clinic
Park & open space

Apr 23, 2026 • Final

Commercial alteration

Remove and replace a window with an impact-resistant window.

Remodel

Sep 23, 2025 • Final

Residential electrical

Replace the electrical meter and two service panels.

Electrical

Electric meter

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Features: None, Open

Interior

Virtual Tour

Heating & Cooling
Heating Information: Central
Cooling Information: Central Air

Interior Features
Interior Features: Ceiling Fans(s)

Multi-Family Financial Information
Annual Net Income: 334483.00

Multi-Unit Information
# of Units (Total): 13
# of Units: 2
Furnished: Yes

Unit Type 1 Information
# of Units: 1
# of Bathrooms: 1
# of Bedrooms: 1

Unit Type 2 Information
Unit Type: Efficiency
# of Units: 12
# of Bathrooms: 1
# of Bedrooms: 1

Exterior

Building Information
Construction Materials: Block
Roof: Other

Exterior Features
Patio And Porch Features: Deck, Patio, Porch
Exterior Features: Balcony

Waterfront Information
On Waterfront
Waterfront Features: Beach - Public, Gulf/Ocean
Water Body Name: GULF OF MEXICO
Waterfront Feet Total: 182
Water Frontage Feet Beach Pub: 91
Water Frontage Feet Gulf Ocean: 91
Water View Y/N: 1
Water View Description: Beach,Gulf/Ocean - Full
Water Access Y/N: 1
Water Access Description: Beach - Public,Gulf/Ocean
Water Extras Y/N: 1
Water Extras Description: Seawall - Other

Property Information
Total Num Buildings: 3
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential Income
Property Sub Type: Multi-Family
Zoning: RE2

Land Information
Vegetation: Mature Landscaping
Total Acreage: 1/2 Acre to 1 Acre

Lot Information
Lot Features: Flood Plain/Bottom Land, In County, Paved
Lot Size Acres: 0.63
Lot Size Dimensions: 0x0
Other Exemptions YN: 0

Financial

Tax Information
Tax Annual Amount: $21,707
Tax Year: 2016

Utilities

Utility Information
Water Source: Public
Sewer: Septic Tank
Utilities: BB/HS Internet Available, Electricity Connected

Location

HOA Information
Association Fee Requirement: None

Location Information
Directions: From I-75, heading South, take exit 193, Jacaranda Blvd. Continue on Jacaranda Blvd for approx. 9.6 miles, take left after bridge onto Manasota Key Rd, property is located on the right.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Sarasota County
APN: 0000008529

Home facts updated by county records on Feb 5, 2025

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Previous Status: Pending
Backups Requested YN: 0
Home Warranty YN: No

Listing Date Information
Days to Contract: 281
Status Contractual Search Date: 2017-12-29T00:00:00.000

Listing Price Information
Calculated List Price By Calculated Sq Ft: 106.17

Home Information
Living Area: 27314
Living Area Units: Square Feet
Living Area Source: Public Records
Building Area Source: Public Records

About this building

Sorry, but there are no photos available for the building.

No units for sale

7990 Manasota Key Rd, Englewood, FL 34223

See photos & sale trends

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Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

Englewood Elementary School

Public PreK-5 • Assigned • 3.7mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Englewood, FL • 34223

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 6.6 hours in December, placing it above the U.S. average for solar exposure.

9.3 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$3,990,000

12 beds8 baths5,151 sq ft

1120 Gulf Blvd, Englewood, FL 34223

New listings for sale in 34223

NEW 4 HRS AGO

$245,000

2 beds2 baths1,378 sq ft

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NEW 17 HRS AGO

$239,000

2 beds2 baths1,384 sq ft

676 Linden Dr, Englewood, FL 34223

NEW 18 HRS AGO

$295,000

1 bed1 bath657 sq ft

5055 N Beach Rd #203, Englewood, FL 34223

OPEN TODAY, 11AM TO 1PM

$259,000

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FOR SALE BY OWNER

$199,000

1 bed1 bath904 sq ft

1270 Manor Rd, Englewood, FL 34223

$199,900

2 beds2 baths1,056 sq ft

1531 Placida Rd Unit 9-104, Englewood, FL 34223

OPEN SUN, 12PM TO 2PM

$485,000

3 beds2 baths1,850 sq ft

26886 Pavin Dr, Englewood, FL 34223

3D WALKTHROUGH

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2 beds2 baths1,066 sq ft

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Home values near 7990 Manasota Key Rd

Data from public records.

Address	Redfin Estimate
8045 Manasota Key Rd, Englewood, FL 4 Beds \| 4 Baths \| 5294 Sq. Ft.	$2,098,086
7970 Manasota Key Rd, Englewood, FL 2 Beds \| 2.5 Baths \| 2023 Sq. Ft.	$2,282,828

Address	Redfin Estimate
7950 Manasota Key Rd, Englewood, FL 4 Beds \| 3 Baths \| 2558 Sq. Ft.	$2,787,333
8000 Manasota Key Rd, Englewood, FL 2 Beds \| 2 Baths \| 2885 Sq. Ft.	$1,988,720

Address	Redfin Estimate
7965 Manasota Key Rd, Englewood, FL 2 Beds \| 3 Baths \| 2488 Sq. Ft.	$1,372,896
7975 Manasota Key Rd, Englewood, FL 5 Beds \| 3 Baths \| 4568 Sq. Ft.	$1,959,568

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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