Furnished
For Sale
$382,500
1825 SHADOW Lane, Englewood, FL 34224
Residential Income, ENGLEWOOD, FL
Property Size1,942 SF
Lot Size0.25 Acres
Price / SF$196.96
Days on Market117
Property Features for 1825 SHADOW Lane
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RMF15
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Ceiling Fans(s)
Exterior features
Fence, Storage
Fencing
Fenced
Subdivision
RUBYLEE
Lot features
Street Dead- End, Paved
Elementary school
Vineland Elementary
Middle school
L.A. Ainger Middle
High school
Lemon Bay High
Directions
From W Dearborn, Turn Right onto S Indiana Ave (776) for 3.3 miles, Turn Right onto Shadow Ln for 0.2 miles, Property will be on the Left.
Standard status
Active
APN
412005480011
Size
1,942 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RUL 000 0000 0012 RUBYLEE LT 12 392/829 489/242 DC804/144 1409/825 3908/1327 4055/1183 3347007
Tax Annual Amount
6224
Legal Description
RUL 000 0000 0012 RUBYLEE LT 12 392/829 489/242 DC804/144 1409/825 3908/1327 4055/1183 3347007
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1975
Flooring type
Tile - Ceramic, Tile
Building materials
Block, Stucco
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
LASBURY-TRACY REALTY INC.
(941) 474-5585
Listed By:
Austin Tracy
(941) 387-4259
Added: Jun 29
Changed: Oct 20
Last Checked: Oct 23 at 9:06PM
MLS# D6147936
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.
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Investment Insights
Based on property information with market context.
This three-unit residential property contains 1,942 square feet on a 0.25-acre lot. Built in 1975, the building has block and stucco construction, ceramic tile flooring, and a shingle roof. Interior and site features include ceiling fans, a fenced yard, storage, a porch, and driveway parking. Public water and sewer serve the property; heating is electric, with central air and window or wall units listed for cooling.
The property sits on a dead-end road and adjoins Oyster Creek Environmental Park. Each unit is furnished and occupied by a long-term tenant. The property is zoned RMF15.
The property sits on a dead-end road and adjoins Oyster Creek Environmental Park. Each unit is furnished and occupied by a long-term tenant. The property is zoned RMF15.
Key Highlights
- Three‑unit property with 1,942 square feet of building area
- All units furnished and occupied by long‑term tenants
- 0.25‑acre lot adjoining 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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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are furnished and occupied by long-term tenants.
Where is this triplex located?
The property is located at 1825 SHADOW Lane 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: Three‑unit property with 1,942 square feet of building area; All units furnished and occupied by long‑term tenants; 0.25‑acre lot adjoining Oyster Creek Environmental Park
