LKV Realty
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$945,000
$5,000Reward *
3155 WATERSIDE Drive A, B, C, Englewood, FL 34224Listing ID D6146143

3155 WATERSIDE Drive A, B, C, Englewood, FL 34224

Active
GROVE CITY
Time on site: 182 daysLast updated: Mar 19, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
7
Square Feet
Square Feet
3,782
Acres
Acres
0.22
Days on Site
Days on Site
182
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Central, Electric
Year Built
Year Built
1983

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.

Property Information

Property Details

Location

Address
3155 WATERSIDE Drive
County
Charlotte
City
Englewood
Zip Code
34224
Subdivision
GROVE CITY
MLS Area
34224 - Englewood

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Square Feet
3,782
Year Built
1983
Construction
Block, Stucco, Wood Siding, Wood Frame
Foundation
Crawlspace, Slab
Roof
Shingle
Condition
New Construction

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$11,668
Tax Year
2025
KELLER WILLIAMS ISLAND LIFE REAL ESTATE, (941) 254-6467

Market Report for 34224

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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