Furnished Triplex Near Environmental
For Sale
$382,500
1825 Shadow Ln, Englewood, FL 34224
Three furnished units are occupied by long-term tenants in a low-traffic residential setting.
Property Size1,942 SF
Price / SF$196.96
Days on Market108
Property Features for 1825 Shadow Ln
General Information
Standard status
Active
Size
1,942 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Furnished
Yes
Road Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,223
Listing Agency:
LASBURY-TRACY REALTY INC.
(941) 474-5585
Listed By:
Austin Tracy · License #3427975
(941) 387-4259
Source:
Exprealty
Added: Jul 1
Changed: Oct 6
Last Checked: Oct 15 at 3:29AM
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 LASBURY-TRACY REALTY INC.
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Investment Insights
Based on property information with market context.
Located at 1825 Shadow Ln in Englewood, this 1,942-square-foot triplex includes three furnished residential units. Each unit is occupied by a long-term tenant, providing an established occupancy profile for the property.
The building backs to Oyster Creek Environmental Park, with access to the park’s trails and preserve nearby. Its position on a dead-end road provides a quieter setting with limited through traffic. A vacant lot next door is also offered for sale, creating a potential opportunity to evaluate both properties together.
The building backs to Oyster Creek Environmental Park, with access to the park’s trails and preserve nearby. Its position on a dead-end road provides a quieter setting with limited through traffic. A vacant lot next door is also offered for sale, creating a potential opportunity to evaluate both properties together.
Key Highlights
- 1,942‑square‑foot triplex with three furnished units
- All three units are occupied by long‑term tenants
- Property backs to Oyster Creek Environmental Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,786
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,720
$375.7K
Cap Rate 7%
$268,371
$268.4K
Cap Rate 9%
$208,733
$208.7K
Market Conditions
NOI Build-Up for 1,942 SF
Gross rent
$33.1K $17.04/SF
− Vacancy
−$6.3K −$3.22/SF
EGI
$26.8K $13.82/SF
− OpEx
−$8.1K −$4.15/SF
NOI
$18.8K $9.67/SF
Area
Charlotte County, FL
Vacancy
18.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,720
Cap Rate 7%
$268,371
Cap Rate 9%
$208,733
Alternative Uses
Best Use
Multifamily LT 5
$268.4K
$234.8K – $313.1K
NOI $18,786 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$244.9K
$214.3K – $285.8K
NOI $17,145 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$635.9K
$556.4K – $741.9K
NOI $44,511 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 34224, FL
16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three furnished units are occupied by long-term tenants in a low-traffic residential setting.
Where is this triplex located?
The property is located at 1825 Shadow Ln Englewood, FL.
What is the asking price?
The asking price for this property is $382,500.
What are key features of this property?
This property features: 1,942‑square‑foot triplex with three furnished units; All three units are occupied by long‑term tenants; Property backs to Oyster Creek Environmental Park
