Photo 1 of 53
$595,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 3 |
2.00 |
1,722 |
$8,049.87 |
1983 |
|
On the market:
229 days
|
View full details, photos, school info, and price history
Income-Producing Canal-Front Home Englewood, FL
Welcome to 801 E Fifth Street, Englewood, FL a fully updated canal-front property now operating as a short-term rental with professional management in place. This is a rare opportunity to own a high-elevation coastal asset with direct Gulf boating access and immediate income potential.
NO FLOOD INSURANCE REQUIRED! Set at nearly 11 feet of elevation with no history of flood or wind damage, the home offers peace of mind investors value, paired with lifestyle features guests actively seek. By boat, you’re in the Gulf of Mexico in approximately 25 minutes.
Investment Highlights
Active short-term rental
Professionally managed by Gulf Coast Vacations
Strong guest appeal: pool, boating access, updated interiors
Turn-key option available (furnishings negotiable)
Performa provided by current management company (see attachments)
Property Features
3 bedrooms / 2 bathrooms, fully remodeled
Updated kitchen with granite countertops, custom cabinetry, soft-close drawers, new tile flooring, upgraded electrical
Completely renovated bathrooms with modern finishes
Fresh interior paint with a clean coastal aesthetic
Solid-core interior doors throughout (durability + sound insulation)
Major System & Capital Improvements
A/C & heat pump (2022)
Microwave (2022)
Pool pump (2021)
Dual water heaters (2019 & 2020)
Roof replaced in 2023 with GAF limited lifetime warranty (transferable)
Wind mitigation completed in 2019 (third nail, reinforced garage door, hurricane fabric)
Outdoor & Waterfront Amenities
Pool with newer liner, screens, and solar heating panels
Dock and boat lift installed in 2021
Direct canal access with no fixed bridges
Fireplace updated with new regulator and fire brick
Additional Notes
Furniture and RV available separately
Strong appeal for short-term guests seeking boating, beaches, and privacy
Location
Minutes to Englewood Beach, Dearborn Street, boutique shopping, waterfront dining, and outdoor recreation. This area continues to see strong demand for vacation rentals due to limited waterfront inventory and consistent tourist traffic. Bottom line:
This is not just a coastal home it’s a cash-flow-ready waterfront investment with elevation, boating access, professional management, and documented rental performance.
Performa provided upon request.
Listing courtesy of Derek Edwards, KELLER WILLIAMS ON THE WATER S