Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Coastal Englewood Title is generated by Realmo AI

    746 PALMETTO STREET, Englewood, FL 34223

    View on Map
    Claim this Listing
    For Sale
    $45,000

    Land - ENGLEWOOD, FL

    Lot size:
    0.29 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    61
    Last Refresh:
    May 31 at 6:06 am

    Property Features for 746 PALMETTO STREET

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RSF4
    Standard status
    Active
    APN
    0854090029
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1098.22

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Raymond Seaman

    Listing agent Raymond Seaman License #3555733

    Listing office DALTON WADE INC 260 1st Ave S. Suite 200, St. Petersburg, FL

    Listing date Apr 1, 2026

    MLS# OM721978 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.

    HighLights

    • Ready‑to‑build 0.29‑acre lot in established coastal neighborhood.
    • Public water, sewer, and electric available.
    • Minutes from Englewood Beach, Stump Pass Beach State Park, and Old Englewood Village.
    • Zoned RSF‑4 for single‑family home construction.
    • 100' frontage and 125' depth.
    • Clean environmental report on file.

    Overview

    This vacant 0.29-acre residential lot is located on Palmetto Street in Englewood. The property, zoned RSF-4, offers 100 feet of frontage and 125 feet of depth. Public water, sewer, and electric are available at the street, eliminating the need for a well or septic system. A clean environmental report is on file. With some clearing and clean up, this lot is suitable for a custom single-family home. The property is located minutes from Englewood Beach on Manasota Key, Stump Pass Beach State Park, Old Englewood Village dining and shops along Dearborn Street, and Lemon Bay waterfront access. This is an opportunity to build in an established coastal neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.33840941
    Latitude
    26.94831268

    Nearby Similar for Sale

    • $975,000
      4,851 SF

      Englewood Income-Producing Commercial Opportunity

      Well-maintained commercial property with three office units and ample parking.
      501 S INDIANA AVENUE, 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
    • $1,250,000
      3,750 SF

      ENGLEWOOD Warehouse, Storage, and Office

      Remodeled warehouse, storage, and office property on 1.1 acres.
      180 ARTISTS AVENUE, ENGLEWOOD, FL 34223
      View Details
    • $1,100,000
      9,164 SF

      Medical Office Investment Opportunity

      1.5-acre commercial property with 9,100 SF building in Englewood.
      2061 ENGLEWOOD ROAD, ENGLEWOOD, FL 34223
      View Details
    • $3,400,000
      800 SF

      Marine Engine and Service Business

      Turnkey marine engine and service business for sale in Englewood.
      2640 AVENUE OF THE AMERICAS, ENGLEWOOD, FL 34224
      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
    • $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
    • $350,000
      560 SF

      Englewood Commercial Intensive Property

      Commercial Intensive property in the heart of Old Englewood Village.
      54 HARVARD STREET, 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
    • $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
    • $999,999
      1,774 SF

      Turnkey Restaurant Opportunity

      Commercial property with established seafood restaurant for sale in Englewood.
      2901 PLACIDA ROAD, ENGLEWOOD, FL 34224
      View Details
    • $999,999
      1,774 SF

      Turnkey Restaurant Opportunity

      Commercial property with established seafood restaurant for sale.
      2901 PLACIDA ROAD, ENGLEWOOD, FL 34224
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant residential lot ready for new home construction.
    Where is this residential land & home lot located?
    The property is located at 746 PALMETTO STREET Englewood, FL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Ready‑to‑build 0.29‑acre lot in established coastal neighborhood.; Public water, sewer, and electric available.; Minutes from Englewood Beach, Stump Pass Beach State Park, and Old Englewood Village.
    (850) 999-0868
    We can help!
    Listing Contact
    Raymond Seaman
    Real Estate License ID: 3555733
    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
    746 PALMETTO STREET, ENGLEWOOD, FL 34223
    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!