Residential Property - Single Family Residence in Englewood
Listing Price: $350,000 (Mortgage Calculator →)
Description of Property
You won’t find a more unique opportunity in the Dearborn area of Englewood! This 3 bedroom, 3 bathroom property offers a rare and flexible setup designed for both living and income potential. Currently configured as two separate living spaces, this home gives you options that are hard to find in this area. The main residence features a 2 BEDROOM, 2 BATH SPLIT FLOOR PLAN with its own private front entrance, creating a comfortable and functional layout. Recent updates include NEW WINDOWS (2022), NEW A/C (2024), and a NEWER ROOF (2020) — giving peace of mind and move-in-ready convenience. Connected through a shared lanai — complete with WASHER, DRYER, and ADDITIONAL STORAGE — you’ll find a PRIVATE STUDIO APARTMENT with its own entrance, FULL KITCHEN, and FULL BATHROOM. This space is ideal for extended family, guests, or generating additional income. Investor alert! The front unit has been successfully operated as an Airbnb with 25+ FIVE-STAR REVIEWS, while the studio has been used as a long-term rental — offering immediate income-producing potential. Outside, the property features a NEW FULLY FENCED YARD, storage sheds, and a PAVED WALKWAY from the side driveway for added convenience. The front of the home is fully shelled, providing ample space for parking boats, trailers, or multiple vehicles. Whether you're looking for a primary residence with income, a multi-generational setup, or a true investment property, this home delivers. You also have the option to convert it back to a traditional 3 BEDROOM, 3 BATH layout — a rare find in this area. NO HOA FEES and located just minutes from Dearborn Street, shopping, dining, and Gulf beaches. 370 E Fray St is a property that works for you — schedule your showing today and explore the possibilities.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Englewood
County: Sarasota
Subdivision: Prospect Park Sub Of Blk 5
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,692
Sq. Ft. Living Area: 1,203
Cost per (heated) sqare foot: $291
Year built: 1967
Annual Tax: $2,794
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Vinyl
Schools
Elementary School: Englewood Elementary
Middle/Junior High School: SKY Academy Englewood
High School: Lemon Bay High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Bungalow
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Carport: Yes
Carport Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Fencing: Fenced
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.18
Lot Size (sq. ft.): 7,626 square feet
Lot Dimensions: 60 x 127
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 0853060020
Zoning: RSF3
Tax Legal Desc.: E 10 FT LOT 21 & ALL OF 22 BLK 6 PROSPECT PARK SUB OF BLK 5
Section: 31
Range: 20E
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.