New Englewood Triplex Investment
10475 KIDRON AVENUE Englewood, FL 34224
10475 KIDRON AVENUE, Englewood, FL, 34224
$629,999
For Sale
$629,999
Triplex - ENGLEWOOD, FL
Property Size3,249 SF
Lot Size0.60 Acres
Price / SF$193.91
Days on Market306
Property Features for 10475 KIDRON AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Property condition
- New Construction
- Zoning
- RMF10
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Carport, Garage, Garage - Attached
- Interior features
- Ceiling Fans(s), Kitchen/Family Room Combo
- Exterior features
- Corner Lot
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 412002476009
- Size
- 3,249 SF
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2336.02
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
BRIGHT REALTY
(941) 552-6036
5218 Station Way, Sarasota, FL
Listed by
Alicea Martinez · License #3246631
(941) 504-3852
Added: Sep 15, 2025 Checked: Jul 17 at 6:06 am
MLS# A4665051
Listing URL
Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This pre-construction investment opportunity features a new triplex to be built on an undeveloped lot. Each unit will feature modern block construction, 2 bedrooms and 2 bathrooms, open-concept layouts, stylish kitchens, and durable finishes designed for low-maintenance living. The property is centrally located near schools, shopping, parks, and golf courses, and is less than a 20-minute drive to Gulf beaches. The location offers convenience and lifestyle for residents, while investors will appreciate the rental appeal. The property is located in Englewood, FL. The lot size is 0.6 acres. The property size is 3249 square feet. The zoning is RMF10. There is no HOA or CDD. The property is offered as a land and build package, allowing buyers to secure pricing before construction begins. The triplex offers strong potential for both cash flow and long-term appreciation, given the rising demand for rentals in the area. Final plans and finishes may vary.
Key Highlights
- Pre‑construction triplex: Lock in today's pricing on a new income‑producing property.
- Strong rental potential: High demand in a growing area offers cash flow and long‑term appreciation.
- Modern construction and low‑maintenance design: Block construction, open layouts, stylish kitchens, and durable finishes.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.4k | $17.04 |
| − Vacancy | −$10.5k | −$3.22 |
| EGI | $44.9k | $13.82 |
| − OpEx | −$13.5k | −$4.15 |
| NOI | $31.4k | $9.67 |
3,249 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$449.0K
$392.9K – $523.8K
NOI $31,430 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$409.8K
$358.6K – $478.1K
NOI $28,684 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.06M
$930.8K – $1.24M
NOI $74,467 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Pre-construction triplex in Englewood, offering income potential and long-term appreciation.
Where is this triplex located?
The property is located at 10475 KIDRON AVENUE Englewood, FL.
What is the asking price?
The asking price for this property is $629,999.
What are key features of this property?
This property features: Pre‑construction triplex: Lock in today's pricing on a new income‑producing property.; Strong rental potential: High demand in a growing area offers cash flow and long‑term appreciation.; Modern construction and low‑maintenance design: Block construction, open layouts, stylish kitchens, and durable finishes.
