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Two Multifamily Lots For Sale

10506 PENDLETON AVENUE, Englewood, FL 34224

For Sale
$150,000

Two adjacent multifamily lots suitable for a five-unit building.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market824

Property Features for 10506 PENDLETON AVENUE

General Information

Standard status Active
Lot size 0.46 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $948

Amenities

Buildable
Electrical Nearby
Irregular Lot
Oversized
Paved
Street Lights
Listing Agency: ELEMENT INTERNATIONAL GROUP LLC
Listed By: JOSEPH HADID · License FL #3286998
Source: Corcoran
Added: Aug 12, 2024 Changed: Nov 12 Last Checked: Nov 12 at 7:48AM

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

Rey
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Investment Insights

Based on property information with market context.

Two RMF10 multifamily lots are available as a package deal. The lots are adjacent to each other, combining for a total of 160x125 lot dimensions. The combined lots offer the possibility of constructing up to a 5-unit multifamily building. The property utilizes city water and septic systems. There are no HOA or deed restrictions. The location is convenient to local shopping and 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 in an X flood zone, so flood zone insurance is not required, and it is not in a Scrub Jay Zone. These lots feature an additional access road from the rear of the property. Each lot has its own Tax ID and are already subdivided.

Key Highlights

  • Two adjacent RMF10 multifamily lots being sold together
  • Potential to build up to a 5‑unit multifamily building
  • X Flood Zone - flood insurance not required

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent multifamily lots suitable for a five-unit building.
Where is this residential land & home lot located?
The property is located at 10506 PENDLETON AVENUE 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; Potential to build up to a 5‑unit multifamily building; X Flood Zone - flood insurance not required
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