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Coastal Home in 55+ Community

68 S BUENA VISTA AVENUE Englewood, FL 34223

Claim this Listing
For Sale
$199,900

Two-bedroom home in a gated, resident-owned 55+ community.

Type:Mobile Home
Property size:
1,152 SF
Lot size:
0.12 Acres
Price / SF:
$173/SF
Added:
Feb 1, 2025
Days on Market:
525
Last Refresh:
Apr 5 at 9:31 pm

Property Features for 68 S BUENA VISTA AVENUE

General Information

Standard status
Active
Size
1,152 SF
Lot size
0.12 Acres
Property subtype
Mobile Home

Building Details

Year Built
1978

Listing office COASTAL PREMIER PROPERTIES

Listing date Feb 1, 2025

Source Exitrealty

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 COASTAL PREMIER PROPERTIES


Investment Insights

Based on property information with market context.

Located in the resident-owned, gated 55+ community of Alameda Isles, this coastal home features 2 bedrooms and 2 bathrooms. The property is situated outside of the flood zone. The interior features tropical colors, a kitchen/dining room combination, and a living room with a shiplap wood feature wall. The primary bedroom is oversized and includes a spa-like primary bathroom. The guest bedroom can also function as a workout room. The property includes an enclosed, screened lanai suitable for entertaining. Exterior features include a separate workshop and an additional enclosed storage area for laundry and shelving. The property is located on Pet Row. Community amenities include a pool, exercise room, shuffleboard, tennis courts, a private park, patio tables, BBQ grills, and a clubhouse. Residents have access to a 59-boat slip marina for an additional fee, subject to availability, providing access to the Intracoastal Waterway and the Gulf of America. The property is centrally located near restaurants, Englewood Beach, Manasota Key Beach, and shopping. Community events include monthly pancake breakfasts and Friday night bonfires. The property size is 1152 square feet.

Key Highlights

  • Resident‑owned 55+ gated community with low HOA fees and no flood insurance required.
  • Access to a 59‑boat slip marina (additional fee, availability dependent) providing access to Intracoastal Waterway and Gulf of Mexico.
  • Enjoy the pool, exercise room, shuffleboard, tennis, private park, BBQ grills, and clubhouse.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.1k $20.04
− Vacancy −$4.6k −$3.99
EGI $18.5k $16.05
− OpEx −$8.3k −$7.22
NOI $10.2k $8.83
1,152 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$145.3K
$127.1K – $169.5K (±1% cap)
NOI $10,171 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.2K
$330.1K – $440.1K (±1% cap)
NOI $26,404 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Restaurant Hair Salon Spa & Massage Center Nail Salon Big Box & Wholesale Store Auto Parts Store Building Supply Grocery & Convenience Store Accounting Firm

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

FAQs

What type of property is this?
Mobile home & RV park - Two-bedroom home in a gated, resident-owned 55+ community.
Where is this mobile home & rv park located?
The property is located at 68 S BUENA VISTA AVENUE Englewood, FL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Resident‑owned 55+ gated community with low HOA fees and no flood insurance required.; Access to a 59‑boat slip marina (additional fee, availability dependent) providing access to Intracoastal Waterway and Gulf of Mexico.; Enjoy the pool, exercise room, shuffleboard, tennis, private park, BBQ grills, and clubhouse.
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