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Two Multifamily Lots For Sale
For Sale
$150,000

10506 PENDLETON Ave, Englewood, FL 34224

Two adjacent RMF10 multifamily lots, potential for five units.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market254

Property Features for 10506 PENDLETON Ave

General Information

Standard status Active
Lot size 0.46 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $947
Listing Agency: ELEMENT INTERNATIONAL GROUP LLC
Listed By: Joseph Hadid · License #3286998
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 1:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ELEMENT INTERNATIONAL GROUP LLC

Investment Insights

Based on property information with market context.

Two adjacent RMF10 multifamily lots are available for purchase as a package deal. The combined lots measure 160x125, offering the possibility of constructing up to a 5-unit multifamily building. The property is connected to city water and utilizes a septic system. There are no HOA or deed restrictions. The location provides convenient access to local shopping and is approximately a 10-minute drive to Englewood Beach. Street lighting is present directly in front of the lots. Several new developments are located on the road. The property is located in an X flood zone, meaning flood zone insurance is not required, and it is not in a Scrub Jay Zone. The lots feature an additional access road from the rear of the property. Each lot has its own Tax ID and is already subdivided.

Key Highlights

  • Two adjacent RMF10 multifamily lots being sold together, allowing for the possibility of building up to a 5‑unit building.
  • Excellent location:** Convenient to local shopping and a 10‑minute drive to Englewood Beach.
  • No HOA or deed restrictions.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 34224, FL

16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Two adjacent RMF10 multifamily lots, potential for five units.
Where is this land located?
The property is located at 10506 PENDLETON Ave Englewood, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two adjacent RMF10 multifamily lots being sold together, **allowing for the possibility of building up to a 5‑unit building.**; Excellent location:** Convenient to local shopping and a 10‑minute drive to Englewood Beach.; No HOA or deed restrictions.
More about this property
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