Island House Apartments on Manasota Key. A gulf front complex of 6 rental units in a 2 story structure directly overlooking the beach with 3 units per floor. The complex has an established clientele, many customers return here year after year. It has an excellent income stream, well over 10% cap rate. Information available to qualified buyers. The building was freshly painted inside and out recently and a new roof installed in 2011. For the property owner interested in living on-site, there is a bayfront 2/2 single family home available at 2585 N Beach Road right across the road. For a closer look at the bayfront home, which is separately listed for $499,000, please refer to MLS # D5795749 for complete details. Either of these properties may alsobe purchased separately. Brokered And Advertised By: MANASOTA KEY REALTY INC (256010026) Listing Agent: DAVID LIPSTEIN
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