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

    2730 Worth Ave, Unit 8 Englewood, FL 34224

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $189,900

    1200 sq ft warehouse condo in central Englewood.

    Property size:
    1,200 SF
    Lot size:
    0.09 Acres

    Property Features for 2730 Worth Ave

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Lot size
    0.09 Acres

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Jeremy Jones
    Source: Corcoran

    Listing Agency: TALL PINES REALTY Listing Agent: Jeremy Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Englewood Warehouse Condo For Sale

    This 1200 sq ft warehouse condo, zoned Industrial General, is located in the central area of Englewood, providing access to Winchester, San Casa, Placida Rd, SR 776, CR 775, and Hwy 41. The commercial unit features a reception area, a coffee bar, three offices, a storage area, and a private bathroom, with the potential for up to five offices. The interior is designed for offices and storage, and the partition wall behind the roll-up door is removable. A new metal roof was installed on the entire building in 2023. The quarterly HOA fees are $800, covering lawn care, insurance, trash removal, electric, water, and rebuilding up the reserve. Each condo unit is responsible for its own FPL bill, which is approximately $100 per month.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Department Store

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

    Similar Places Nearby

    Apex Marine Service and Storage, Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.309636
    Latitude
    26.918612

    Nearby Similar for Sale

    • $1,950,000
      3,340 SF

      Turnkey Warehouse/Office Setup

      Commercial site with warehouse, office, and frontage on Placida Road.
      3060 Placida Rd, Englewood, FL 34224
      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
    • $4,777,000
      4,904 SF

      ENGLEWOOD Resort with Gulf Frontage

      Resort with 10 units, beachfront pool, and Intracoastal access.
      8520 Manasota Key Rd, Englewood, FL 34223
      View Details
    • New
      $750,000
      2,616 SF

      Waterfront Triplex with Development Potential

      0.72-acre waterfront property in Englewood with OMI zoning.
      1695 Manor Rd, Englewood, FL 34223
      View Details
    • $189,900
      1,200 SF

      Englewood Warehouse Condo For Sale

      1200 sq ft warehouse condo in central Englewood.
      2730 Worth Ave, Englewood, FL 34224
      View Details
    • New
      $340,000
      2,324 SF

      Under Construction Englewood Duplex

      New construction duplex with transferable permit in Englewood, Florida.
      6977 Hawksbury St, Englewood, FL 34224
      View Details
    • $999,999
      0.45 Acres

      Waterfront Land in Palm Point

      Rare double lot with direct Gulf access and existing dock.
      10444 Marion St, Englewood, FL 34224
      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
    • $675,000
      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
    • $995,000
      3,452 SF

      Renovated Triplex Near Stump Pass

      Fully renovated triplex near marina with income potential.
      3155 Waterside Dr, Englewood, FL 34224
      View Details
    • New
      $319,000
      1,687 SF

      Englewood Duplex: Investment Opportunity

      Desirable Englewood duplex, perfect for investors or owner-occupants.
      2131 Forked Creek Dr, Englewood, FL 34223
      View Details
    • New
      $675,000
      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

    FAQs

    What type of property is this?
    Warehouse - 1200 sq ft warehouse condo in central Englewood.
    Where is this warehouse located?
    The property is located at 2730 Worth Ave, Unit 8 Englewood, FL.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - 1200 sq ft warehouse condo zoned Industrial General in a central Englewood location; - Swift access to major roads: Winchester, San Casa, Placida Rd, SR 776, CR 775, and Hwy 41; - Low maintenance: HOA fees include lawn care, insurance, trash removal, electric, water, and reserve rebuilding
    (941) 628-5027
    Request Owner's contact information
    2730 Worth Ave, Unit 8 Englewood, FL 34224
    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.
    2730 Worth Ave, Unit 8
    Englewood, FL 34224
    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
    2730 Worth Ave, Unit 8 Englewood, FL 34224
    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
    Jeremy Jones
    Real Estate License ID: 3186366
    (941) 628-5027 (941) 475-5015 (941) 698-4111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!