$235,000

150 W FRAY STREET, Englewood, FL 34223

  • 900 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $261/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 10, 2025 at 05:00AM
Listing Office:
PARADISE EXCLUSIVE INC : 941-698-0303
Listing Agent:
Matt Moffitt : 941-977-6905
MLS ID:
N6140964
  • General: Primary Bedroom Main Floor
  • Laundry: Electric Dryer HookupWasher Hookup
  • A/C: Wall/Window Unit(s)
  • Heating: Electric
  • General: LightingPrivate MailboxRain Gutters
  • Roofing: Shingle
  • General: BlockSlab
  • Road/Access: Asphalt
  • Originating MLS: mfrmls
  • County: Sarasota
  • Zoning: RMF2LOT 19 & W 1/2 LOT 20BEING IN NORTH SECTION OF LOT 91 LONGS SUB OF LOT 91 ENGLEWOOD0503080074
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: mfrmls
  • Ownership: Fee Simple

This listing courtesy of Matt Moffitt, PARADISE EXCLUSIVE INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Englewood Elementary School

150 N McCall Rd, Englewood, FL, 34223

Grades PK-5

0.39 miles away

S

Sky Academy Englewood

871 S River Rd, Englewood, FL, 34223

Grades 6-8

1.47 miles away

S

State College of Fla Collegiate School-Venice

8000 S Tamiami Trl, Venice, FL, 34293

Grades 9-12

6.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.