Third-Floor Office Condo
1460 S McCall Road 3f Englewood, FL 34223
New
1460 S McCall Road 3f, Englewood, FL, 34223
$175,525
For Sale
$175,525
1,003 sf third-floor office condo with an open layout, elevator access, and storage garage included.
Property Size1,003 SF
Price / SF$175
Days on Market2
Property Features for 1460 S McCall Road 3f
General Information
- Standard status
- Active
- Size
- 1,003 SF
Building Details
- Year Built
- 1989
Listing agency
COLDWELL BANKER REALTY
(941) 268-4423
Listed by
Kayla Weiss-Bohnstedt · License #3370154
Source
Whitesandsfl
Added: Jul 20 Updated: Jul 21 at 2:18PM Checked: Jul 21 at 2:18PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This 1,003 sf office condo unit is located on the third floor and features an open-layout floor plan. The building offers elevator access, and the unit includes signage exposure on 776. The association’s insurance will be replacing the ceiling tiles and fixing the restroom, providing updates to the interior.
The suite also comes with a garage for storage, adding practical off-suite utility for an office operation.
Overall, the configuration supports straightforward tenant planning thanks to the open layout, with building and association items in progress to improve key interior elements.
The suite also comes with a garage for storage, adding practical off-suite utility for an office operation.
Overall, the configuration supports straightforward tenant planning thanks to the open layout, with building and association items in progress to improve key interior elements.
Key Highlights
- 1,003 SF third‑floor condo unit with an open layout floor plan
- Elevator access for the condo building
- Association insurance will replace ceiling tiles and fix the restroom
Local Financial Insights For Office B
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 | $21.7k | $21.60 |
| − Vacancy | −$5.1k | −$5.10 |
| EGI | $16.6k | $16.50 |
| − OpEx | −$4.1k | −$4.13 |
| NOI | $12.4k | $12.38 |
1,003 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$177.3K
$155.2K – $206.9K
NOI $12,414 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$328.4K
$287.4K – $383.2K
NOI $22,989 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 1,003 sf third-floor office condo with an open layout, elevator access, and storage garage included.
Where is this office units located?
The property is located at 1460 S McCall Road 3f Englewood, FL.
What is the asking price?
The asking price for this property is $175,525.
What are key features of this property?
This property features: 1,003 SF third‑floor condo unit with an open layout floor plan; Elevator access for the condo building; Association insurance will replace ceiling tiles and fix the restroom
