Warehouse Condo with Powered Garage
New
For Sale
$219,900
2720 PLACIDA Road, Englewood, FL 34224
Commercial Sale, ENGLEWOOD, FL
Property Size1,000 SF
Lot Size0.05 Acres
Price / SF$219.90
Days on Market2
Property Features for 2720 PLACIDA Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Security features
Security System
Directions
South on Placida Road. The complex is on the right at 2720 Placida Road
Subdivision
34224 - Englewood
Standard status
Active
APN
412017600004
Size
1,000 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FG2 000 000A 0004 FLORIDA GARAGE CONDOS OF ENGLEWOOD II BLDG A UNIT4 3409848
Tax Annual Amount
2940
Legal Description
FG2 000 000A 0004 FLORIDA GARAGE CONDOS OF ENGLEWOOD II BLDG A UNIT4 3409848
Utilities
Utilities
Electricity Available
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
security camera system
Starlink connectivity
common restrooms
gated access
Building Details
Year built
2024
Floors in Building
1
Number of units
18
Flooring type
Concrete
Building materials
Block
Roof type
Concrete
Listing Agency:
KELLER WILLIAMS ISLAND LIFE REAL ESTATE · Keller Williams Realty
(941) 254-6467
Listed By:
Traci Creighton
(941) 451-9419
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 3:06AM
MLS# C7532199
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 warehouse condo measures 20' x 50' and contains 1,000 square feet, with 16-foot ceilings and a 12' x 14' powered overhead door. The unit has a private entrance, additional electrical capacity, concrete flooring, block walls, and a concrete panel roof. A seller-installed security camera system connects through Starlink. The property was built in 2024 and is zoned CG.
The gated complex has coded access, common restrooms, a main entrance on Placida Road, and a second gate at the rear. The property is outside the flood zone and is near area marinas, boating facilities, and Gulf Coast waterways.
The gated complex has coded access, common restrooms, a main entrance on Placida Road, and a second gate at the rear. The property is outside the flood zone and is near area marinas, boating facilities, and Gulf Coast waterways.
Key Highlights
- 1,000‑square‑foot unit measuring 20' x 50'
- 16‑foot ceilings and a 12' x 14' powered overhead garage door
- CG zoning; built in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,384
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,680
$187.7K
Cap Rate 7%
$134,057
$134.1K
Cap Rate 9%
$104,267
$104.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$12.0K $12.00/SF
− Vacancy
−$960 −$0.96/SF
EGI
$11.0K $11.04/SF
− OpEx
−$1.7K −$1.66/SF
NOI
$9.4K $9.38/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,680
Cap Rate 7%
$134,057
Cap Rate 9%
$104,267
Alternative Uses
Best Use
Warehouse
$134.1K
$117.3K – $156.4K
NOI $9,384 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$327.4K
$286.5K – $382.0K
NOI $22,920 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
16 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Well-served
Demand for This Use
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 Industrial in South region
Similar Off Market Nearby
- Stump Pass Marina — 260 Maryland Ave, Englewood, FL 34224
- Quality Boats of Charlotte Harbor — 3340 Placida Rd, Englewood, FL 34224
- Oaks Mini Storage — 1985 Wyoming Ave, Englewood, FL 34224
- All Steel Storage Englewood — 1985 Wyoming Ave, Englewood, FL 34224
Frequently Asked Questions
What type of property is this?
Warehouse - CG-zoned unit in a gated 18-unit commercial complex with private entry and shared restrooms.
Where is this warehouse located?
The property is located at 2720 PLACIDA Road Englewood, FL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,000‑square‑foot unit measuring 20' x 50'; 16‑foot ceilings and a 12' x 14' powered overhead garage door; CG zoning; built in 2024
