For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Condo Unit with Open Layout Title is generated by Realmo AI

    1460 S MCCALL ROAD #3F, Englewood, FL 34223

    View on Map
    Claim this Listing
    For Sale
    $175,525

    1,003 SF condo unit featuring an open layout.

    Type:Commercial
    Property size:
    1,003 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $175/SF
    Added:
    May 31, 2023
    Days on Market:
    1107
    Last Refresh:
    May 10 at 9:55 pm

    Property Features for 1460 S MCCALL ROAD #3F

    General Information

    Standard status
    Active
    Size
    1,003 SF
    Lot size
    0.07 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1989

    We can help!

    Listing Contact
    KAYLA WEISS-BOHNSTEDT
    KAYLA WEISS-BOHNSTEDT

    Listing agent KAYLA WEISS-BOHNSTEDT License #3370154

    Listing office COLDWELL BANKER REALTY

    Listing date May 31, 2023

    Source Corcoran

    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

    HighLights

    • Amazing views
    • Garage for storage
    • Open layout floor plan
    • Elevator in building
    • Association fixing restroom
    • Association replacing ceiling tiles

    Overview

    A 1,003 square foot condominium unit is available. Located on the 3rd floor, the unit features an open layout floor plan. The property includes an elevator and signage on 776. A garage is included for storage. The association's insurance is scheduled to replace the ceiling tiles and repair the restroom.

    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 $20.1k $20.04
    − Vacancy −$4.0k −$3.99
    EGI $16.1k $16.05
    − OpEx −$7.2k −$7.22
    NOI $8.9k $8.83
    1,003 SF · lease $20.04/SF/yr · vacancy 19.90% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $126.5K
    $110.7K – $147.6K (±1% cap)
    NOI $8,855 @ 7.0% cap · market cap 5.04%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $328.4K
    $287.4K – $383.2K (±1% cap)
    NOI $22,989 @ 7.0% cap · market cap 13.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.3438
    Latitude
    26.9391

    FAQs

    What type of property is this?
    Residential income property - 1,003 SF condo unit featuring an open layout.
    Where is this residential income property 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: Amazing views; Garage for storage; Open layout floor plan
    More about this property
    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