Price Reduced 5.03%

$945,000 ($273.75 per sqft)

Est. Mortgage $4,655/mo *

Quick Pre-Approval

Price History

$995,000
2/12/2026

$945,000
3/19/2026


3155 WATERSIDE DRIVE, #A, B, C, Englewood, FL, 34224

3155 WATERSIDE DRIVE, #A, B, C, Englewood, FL, 34224

6 beds

1983

3,452 sqft

Directly across from Stump Pass Marina and the ever-popular Lighthouse Grill, this FULLY RENOVATED IN 2025 TRIPLEX represents a high-demand, income-producing asset in one of Englewood’s most active waterfront corridors. With immediate access to boat docking, waterfront dining, live entertainment, and direct Gulf access within minutes, the location alone drives consistent year-round rental appeal. COMPLETELY REBUILT with longevity and efficiency in mind, the property features ALL-NEW PLUMBING, ROOF, WINDOWS, HVAC SYSTEMS, APPLIANCES, AND INTERIOR FINISHES — significantly reducing near-term capital expenditure. Offered FULLY FURNISHED AND TURNKEY, operations can begin immediately. The configuration is ideal for diversified income streams. TWO UPDATED 2-BEDROOM, 1-BATH UNITS (Unit A & B) offer strong short- or long-term rental potential, each with open-concept layouts and modern coastal finishes. A separate laundry structure with additional half bath and outdoor shower enhances guest appeal and functionality. The third (Unit C) 2-BEDROOM, 2-BATH UNIT serves as a premium rental option, distinguished by architectural character including pecky cypress walls, exposed beams, a stone feature wall, wood-burning fireplace, indoor grill, lofted entertainment space, and private laundry — commanding higher rental rates. Multiple units allow flexibility in strategy: operate as short-term vacation rentals, mid-term seasonal housing, long-term leases, or a hybrid model to maximize occupancy and revenue. The boating-centric location supports premium nightly rates and consistent demand from seasonal visitors, fishing enthusiasts, and waterfront lifestyle seekers. With strong tourism drivers, limited comparable multi-unit inventory in this immediate marina district, and walkability to dining and entertainment, this asset is positioned for both cash flow and long-term appreciation. For investors seeking a stabilized, low-deferred-maintenance property in a prime coastal location with built-in lifestyle demand, this opportunity checks the fundamental boxes: location, condition, flexibility, and income potential.


Status:

Active

Type:

Multi-family

Furnished Remarks:

Turnkey

Laundry Remarks:

Common Area, Inside, Laundry Room, Other

Units:

3

Subdivision:

GROVE CITY

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

0.22

Est. Taxes:

$11,668

Construction

Block, Stucco, Wood Frame, Wood Siding

Utilities

BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected

View Description:

Water

Days on Market:

35

Min Lease Term:

No Minimum

MLS #:

D6146143


Community Info

School Info

Walk Score

Yelp


Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE 941-254-6467