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150 E BAY HEIGHTS Road, Englewood, FL, 34223
Freestanding Office Building

150 E BAY HEIGHTS Road Englewood, FL 34223

For Sale
$325,000

SINGLE_FAMILY - ENGLEWOOD, FL

Property Size872 SF
Lot Size0.11 Acres
Price / SF$372.71
Days on Market92

Property Features for 150 E BAY HEIGHTS Road

General Information

Property type Residential
Property subtype Office
Zoning CG
Standard status Active
APN 412006106004
Size 872 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BHT 000 0001 0001 BAY HEIGHTS BLK 1 LT 1 LESS N 50 FT 149/462 530/17 619/1551 637/601 595/1384 752/1865 781/883 1180/770 1306/1554 1409/368 2715/2063 2715/2063 3934/1079 3203613
Tax Annual Amount 5093

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1940
Floors in Building 1
Building materials Frame
Roof type Metal
Listing Agency: LASBURY-TRACY REALTY INC.
Listed By: Bart Tracy II · License #3067180
Added: Apr 30 Changed: Jul 20 Last Checked: Jul 30 at 4:06AM
MLS# D6147285

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Freestanding commercial general (CG) zoned building in a classic Florida bungalow style, recently updated and move-in ready. The interior is arranged with two large rooms suited for multiple work spaces, along with a break room, full bath, laundry area, and storage. The property includes a metal roof and new siding, plus other upgrades. Inside, hardwood floors and exposed beam ceilings add character to the office-ready layout.

The building is located in Central Englewood, one block off SR776, and is described as across the street from a large local bank. Onsite parking is available, and the property is noted as easy to find. The listing also states the site is about two miles from Manasota Key beaches.

With approximately 872 square feet of building area on a 0.11-acre lot, this compact freestanding setup is designed to support a service company or office use in a single, straightforward footprint.

Key Highlights

  • Freestanding commercial building with general zoning in Central Englewood, one block off SR 776
  • Updated interior with two large rooms for multiple work spaces, plus break room, full bath, laundry, and storage
  • Metal roof and new siding; other upgrades reported as part of a recently updated package

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 $18.8k $21.60
− Vacancy −$4.4k −$5.10
EGI $14.4k $16.50
− OpEx −$3.6k −$4.13
NOI $10.8k $12.38
872 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$154.2K
$134.9K – $179.9K (±1% cap)
NOI $10,793 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$285.5K
$249.8K – $333.1K (±1% cap)
NOI $19,986 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Office Units

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Pharmacy Electrical Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Office units - Freestanding CG-zoned building with updated interiors, two large work rooms, break room, full bath, and onsite parking.
Where is this office units located?
The property is located at 150 E BAY HEIGHTS Road Englewood, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Freestanding commercial building with general zoning in Central Englewood, one block off SR 776; Updated interior with two large rooms for multiple work spaces, plus break room, full bath, laundry, and storage; Metal roof and new siding; other upgrades reported as part of a recently updated package
More about this property
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