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150 W Fray Street, Englewood, FL 34223

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For Sale

$235,000

900 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $261.11
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Don't miss this outstanding opportunity to own an income-producing duplex in a sought-after, non-HOA location just minutes from Englewood's beautiful Gulf beaches and the revitalized Dearborn Street. 150 W Fray St is a classic Florida multi-family property perfect for investors, snowbirds seeking rental income, or an owner who wishes to occupy one side and rent the other. Property Highlights: Duplex (Multi-Family Zoned): Provides immediate income potential from two separate units. The property offers a total of 900 sq ft of living space (1-bedroom/1-bath on each side). Excellent Location: Situated in a desirable Englewood area, offering quick access to: Old Englewood Village: Enjoy the popular dining, shopping, and entertainment on Dearborn Street. Gulf Beaches: A short drive to Manasota Key and Englewood Beach. Conveniences: Close proximity to Englewood Hospital, shopping centers, and local amenities. Large Lot: Situated on a substantial 10,757 sq ft lot, providing ample parking, privacy, and room for potential expansion or a spacious backyard common area. Solid Construction: Built in 1958, these block structures are a staple of Old Florida construction. Investment Potential: This property has historically been an excellent rental producer, making it a straightforward addition to any investment portfolio. With two separate electric meters, tenants are responsible for their own electricity, simplifying landlord expenses (water is typically a shared expense). The low-maintenance flooring and durable construction make this an ideal long-term investment. Capitalize on the soaring demand for rentals in Southwest Florida. Whether you're seeking immediate income or looking for a home with supplemental income, this is a versatile property in a high-demand area.
MLS# N6140964

Courtesy Of Paradise Exclusive Real Estate

(941) 270-2102

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Lot Size
    0.24 Acres

Map and Directions

Directions to 150 W Fray Street, Englewood, FL 34223

Home seller CENTURY 21 Schmidt Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Schmidt Real Estate

(941) 485-0021
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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.