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33882139
33881878

2 Locations

CS
FL, FL 3039882
RE/MAX Alliance Group
Listed by RE/MAX Alliance Group
$4,180,000
4 days on market
Updated 4 days ago

1120 Gulf Boulevard

Details
APN 411913103003
Property Type Multifamily, Hospitality (+1)
Sub Type Motel, Business and Building (+1)
Square Footage 5,151
Units 7
Price per SqFt $811
Year Built 1960
Year Renovated 2022,2023,2024
Buildings 2
Stories 2
Acreage 0.400
Zoning MMF7.5
Parking Spaces 1 per unit
Ground Lease No
Ownership Fee Simple

Vacation Rentals on Manasota Key

Marketing description

Rare opportunity to purchase an established licensed short-term vacation rental property currently accommodating nightly, weekly, monthly, and seasonal rentals on the desirable southern end of Manasota Key. Offered as a package, the property consists of two adjacent buildings with a total of seven rental units. The Main House is a two-story building featuring five remodeled rental suites, including three 1-bedroom, 1-bathroom suites, one 2-bedroom, 1-bathroom suite on the lower level, and a spacious 3-bedroom, 2-bathroom suite occupying the entire upper level. The lower-level suites feature open floor plans, updated kitchens with granite countertops and stainless-steel appliances, updated bathrooms with tiled walk-in showers, and private outdoor patios. The upper-level 3-bedroom, 2-bathroom suite provides flexibility for owner occupancy or additional rental income and features a full kitchen, living area, ensuite primary bedroom, private balconies, and partial Gulf views. The Pool House is a renovated single-story duplex featuring two side-by-side 2-bedroom, 1-bathroom suites connected by a shared screened front porch and offering access to a private heated swimming pool and tiki bar area. Designed to create a memorable guest experience, the property features lush tropical landscaping, evening landscape lighting, private patios and outdoor seating areas for each suite, outdoor dining spaces, Weber grilling stations, outdoor showers, shell and shark tooth cleaning stations, on-site laundry facilities, and Wi-Fi. A two-car gathering garage provides additional guest space with lawn games, a full-size refrigerator with a freezer, a large-screen TV, and seating for 32. The Pool House offers even more amenities with a private heated swimming pool, tiki bar gathering area, and outdoor entertainment space. This setup allows for a multitude of rental options for large groups, families, or the single couple looking for a peaceful vacation spot. Located on the southern end of Manasota Key, the property is within walking distance of nearby beach access and just moments from Stump Pass Beach State Park. Guests enjoy convenient access to Gulf beaches, boating, fishing, shelling, wildlife viewing, waterfront dining, tiki bars and nightly entertainment, marinas, shopping, golf courses, and numerous local attractions. Few properties offer the combination of scale, flexibility, guest amenities, and island charm found in this unique Manasota Key investment offering, creating an exceptional opportunity in today's vacation rental market.

Investment highlights

  • Established 7-Unit Short-Term Vacation Rental Property on Manasota Key
  • Licensed short-term vacation rental property currently accommodating nightly, weekly, monthly, and seasonal rentals
  • Two adjacent buildings with a total of seven rental units
  • Main House: Two-story building featuring five remodeled rental suites
  • Pool House: Renovated single-story duplex featuring two side-by-side 2-bedroom, 1-bathroom suites
  • Private heated swimming pool and tiki bar area
  • Lush tropical landscaping with evening landscape lighting
  • Private patios and outdoor seating areas for each suite
  • Two-car gathering garage with lawn games, full-size refrigerator, large-screen TV, and seating for 32
  • Within walking distance of nearby beach access
  • Just moments from Stump Pass Beach State Park
  • Convenient access to Gulf beaches, boating, fishing, shelling, wildlife viewing, waterfront dining, tiki bars, marinas, shopping, and golf courses

Listing Contacts

CS
FL, FL 3039882
RE/MAX Alliance Group
Listed by RE/MAX Alliance Group

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Zoning

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MMF7.5 ResidentialMulti FamilyManasota Multifamily
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View all 29 uses
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Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics

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