Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 W Perry Ln Englewood, FL 34223

    Sponsored
    For Sale
    $374,900

    Duplex - ENGLEWOOD, FL

    Type:Duplex
    Property size:
    1,988 SF
    Lot size:
    0.33 Acres
    Days on Market:
    59
    Last Refresh:
    Feb 6 at 9:06 am

    Property Features for 120 W Perry Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Zoning
    RMF1
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    0497090046
    Parking features
    Boat, Driveway, RV
    Pets allowed
    Yes
    Interior features
    Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
    Exterior features
    Paved, Sliding Doors, Storage
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    1,988 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Number of units
    2
    Flooring type
    Laminate, Tile
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Carla Stiver

    RE/MAX Alliance Group (941) 954-5454

    Listing agent Carla Stiver, PA (941) 473-8484 License #3039882

    Listing date Dec 10, 2025

    MLS# D6144203 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Englewood Duplex Near Dearborn Street

    Located in Englewood, Florida, this duplex presents an investment opportunity. Situated in the X flood zone and less than 3 miles from the beach, the property offers potential for income generation or personal residence. According to the seller's communication with Sarasota County, there is space on the property for an additional dwelling. Each side of the duplex features two bedrooms, one bathroom, and an inside laundry area. One side includes a kitchen with wood cabinetry, counter space, and a breakfast bar opening to the living area, along with sliding doors to a screened lanai. The other side mirrors this layout, featuring reach-in closets in both bedrooms, a full bathroom with a shower and tub combination, and a screened lanai. One side also has a privacy fence surrounding the backyard. The setup allows for various uses, such as living on one side and renting the other, accommodating extended family, or leasing both units. Located two blocks from Historic Dearborn Street and less than a mile from the boat ramp, the property provides access to local restaurants, shopping, parks, tennis, pickleball, golf, and boating and fishing opportunities. One unit is currently leased until March 31, 2026. The property size is 1988 square feet and the lot size is 0.33 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.35536092
    Latitude
    26.96421001

    Nearby Similar for Sale

    • $1,169,000
      Pending

      Manasota Key Investment Opportunity

      High-yield, six-unit residential compound near beach and bay access.
      115 Friendship Ln, Englewood, FL 34223
      View Details
    • New
      $700,000
      2,621 SF

      Englewood Multifamily Investment Opportunity

      Six-unit multifamily property near Lemon Bay and Gulf beaches.
      784 S Mccall Rd, Englewood, FL 34223
      View Details
    • $455,000
      2,324 SF

      New Englewood Duplex Investment Opportunity

      Brand new, move-in ready duplex in Englewood, Florida with investment potential.
      11223 Pendleton Ave, Englewood, FL 34224
      View Details
    • $700,000
      0.51 Acres

      Englewood Multifamily Investment Opportunity

      Six-unit multifamily property near Lemon Bay and Gulf beaches.
      784 S Mccall Rd, Englewood, FL 34223
      View Details
    • $1,890,000
      3,174 SF

      Manasota Key Quadplex Mini-Resort

      Turnkey quadplex with deeded beach and bay access on Manasota Key.
      5075 N Beach Rd, Englewood, FL 34223
      View Details
    • $3,800,000
      5,338 SF

      Englewood Hotel/Venue Opportunity Near Beach

      Boutique hotel or family compound near Manasota Beach.
      1991 Heasley Rd, Englewood, FL 34223
      View Details
    • New
      $1,730,000
      1,664 SF

      Remodeled Duplex Near Gulf of Mexico

      Turnkey duplex near the Gulf with deeded beach access.
      1107 Shore View Dr, Englewood, FL 34223
      View Details
    • $339,000
      1,097 SF

      Englewood Duplex with Income Potential

      Duplex with main home and detached efficiency near the beach.
      25 1St Ave, Englewood, FL 34223
      View Details
    • $349,000
      2,340 SF

      Englewood Duplex: Investment Opportunity

      Centrally located duplex near beaches, restaurants, and golf courses.
      1665 Florence Ave, Englewood, FL 34223
      View Details
    • New
      $544,500
      2,521 SF

      ENGLEWOOD Triplex Near Englewood Beach

      Triplex near Englewood Beach with commercial zoning and flexible layout.
      101 Riverview Ave, Englewood, FL 34223
      View Details
    • $850,000
      3,111 SF

      Englewood Commercial Property on High-Traffic Corridor

      Commercial property on S. Access Rd. near SR 776 with high visibility.
      3279 S Access Rd, Englewood, FL 34224
      View Details
    • $2,350,000
      4,933 SF

      Englewood Restaurant & Bar Venue

      Restaurant and bar with live music in downtown Englewood, Florida.
      362 W Dearborn St, Englewood, FL 34223
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Englewood with investment potential near local amenities.
    Where is this duplex located?
    The property is located at 120 W Perry Ln Englewood, FL.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: - Investment potential as a duplex in the heart of Englewood.; - Located in the X flood zone and less than 3 miles from the beach.; - Potential to add an additional dwelling on the property (per Seller's conversation with Sarasota County).
    (941) 270-1460
    Request Owner's contact information
    120 W Perry Ln Englewood, FL 34223
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 W Perry Ln
    Englewood, FL 34223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 W Perry Ln Englewood, FL 34223
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carla Stiver
    Real Estate License ID: 3039882
    (941) 270-1460
    Learn more
    Google sign-in failed. Please try again or use another login method.