Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    6376 MONTAUK TERRACE Englewood, FL 34224

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 6376 MONTAUK TERRACE, Englewood, FL
    For Sale
    $39,000

    Land - ENGLEWOOD, FL

    Lot size:
    0.30 Acres
    Added:
    Feb 16, 2026
    Days on Market:
    77
    Last Refresh:
    May 4 at 10:06 am

    Property Features for 6376 MONTAUK TERRACE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RMF10
    Standard status
    Active
    APN
    412003328004
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1349

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Beverly Alston

    Listing agent Beverly Alston License #3024404

    Listing office CHARLES RUTENBERG REALTY INC 1545 S Belcher Rd, Clearwater, FL

    Listing date Feb 16, 2026

    MLS# A4682769 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.

    Overview

    Corner Lot in Englewood, FL

    This is a 0.3-acre corner lot located in Englewood, Florida. The property is zoned RMF10 for multi-family use. Two other multi-family lots are available across the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.3009
    Latitude
    26.9253

    Nearby Similar for Sale

    • $975,000
      4,851 SF

      Englewood Income-Producing Commercial Opportunity

      Well-maintained commercial property with three office units in a high-growth corridor.
      501 S INDIANA AVENUE, ENGLEWOOD, FL 34223
      View Details
    • $350,000
      560 SF

      Englewood Commercial Intensive Property

      Commercial Intensive property in Old Englewood Village, suitable for various uses.
      54 HARVARD STREET, ENGLEWOOD, FL 34223
      View Details
    • $1,250,000
      3,750 SF

      ENGLEWOOD Warehouse with Office Space

      Remodeled warehouse with offices, storage, and parking on 1.1 acres.
      180 ARTISTS AVENUE, ENGLEWOOD, FL 34223
      View Details
    • $995,000
      3,671 SF

      Modern Industrial Flex Building

      Renovated flex building with expansion potential in high-growth corridor.
      4275 S ACCESS ROAD, ENGLEWOOD, FL 34224
      View Details
    • $325,000
      872 SF

      Updated Commercial Building Near Beaches

      Freestanding, updated commercial building ideal for office or retail.
      150 E BAY HEIGHTS ROAD, ENGLEWOOD, FL 34223
      View Details
    • $1,200,000
      5,640 SF

      Englewood Retail Strip Plaza

      Fully leased retail plaza on major highway in Englewood, Florida.
      119 S INDIANA AVENUE, ENGLEWOOD, FL 34223
      View Details
    • $1,100,000
      9,164 SF

      Englewood Medical Office Investment Opportunity

      1.5 acres with 9,164 SF medical office building.
      2061 ENGLEWOOD ROAD, ENGLEWOOD, FL 34223
      View Details
    • $515,000

      Englewood Commercial Land Opportunity

      Prime 1.2-acre commercial land in a high-traffic area.
      4080 N ACCESS ROAD, ENGLEWOOD, FL 34224
      View Details
    • $1,950,000
      3,340 SF

      Turnkey Warehouse/Office Setup

      Commercial site with warehouse, office, and frontage on Placida Road.
      3060 PLACIDA ROAD, ENGLEWOOD, FL 34224
      View Details
    • $945,000
      3,452 SF

      Renovated Englewood Triplex Near Marina

      Fully renovated triplex near Stump Pass Marina, turnkey and income-producing.
      3155 WATERSIDE DRIVE, ENGLEWOOD, FL 34224
      View Details
    • $590,000

      Englewood Commercial Land For Sale

      1.78 acre commercial land in Wellen Park corridor.
      1060 S RIVER ROAD, 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 ROAD, ENGLEWOOD, FL 34223
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large corner multi-family lot zoned RMF10 in Englewood.
    Where is this residential land & home lot located?
    The property is located at 6376 MONTAUK TERRACE Englewood, FL.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: Larger corner lot; Zoned RMF10 for multi‑family development; Multi‑family zoning
    (941) 809-1936
    We can help!
    Listing Contact
    Beverly Alston
    Real Estate License ID: 3024404
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry

    6376 MONTAUK TERRACE, ENGLEWOOD, FL 34224

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!