Third-Floor Office Condo
For Sale
$175,525
1460 S McCall Road 3f, Englewood, FL 34223
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 Market90
Property Features for 1460 S McCall Road 3f
General Information
Standard status
Active
Size
1,003 SF
Amenities
elevator
garage for storage
Building Details
Year Built
1989
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source:
Whitesandsfl
Added: Jul 20
Changed: Oct 16
Last Checked: Oct 7 at 1:01PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,414
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,280
$248.3K
Cap Rate 7%
$177,343
$177.3K
Cap Rate 9%
$137,933
$137.9K
Market Conditions
NOI Build-Up for 1,003 SF
Gross rent
$21.7K $21.60/SF
− Vacancy
−$5.1K −$5.10/SF
EGI
$16.6K $16.50/SF
− OpEx
−$4.1K −$4.13/SF
NOI
$12.4K $12.38/SF
Area
Charlotte County, FL
Vacancy
23.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,280
Cap Rate 7%
$177,343
Cap Rate 9%
$137,933
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 authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 34223, FL
19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
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
