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    Third-Floor Office Condo Unit Title is generated by Realmo AI

    3f-1460 S Mccall Rd, Englewood, FL 34223

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    For Sale
    $175,525

    Open-layout office condo with elevator access and private storage garage space.

    Property size:
    1,003 SF
    Price / SF:
    $175/SF
    Added:
    Jul 15, 2024
    Days on Market:
    724
    Last Refresh:
    Jul 4 at 3:17 am

    Property Features for 3f-1460 S Mccall Rd

    General Information

    Standard status
    Active
    Size
    1,003 SF

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    Kayla Weiss-Bohnstedt
    Kayla Weiss-Bohnstedt

    Listing office COLDWELL BANKER REALTY

    Listing date Jul 15, 2024

    Source Exprealty

    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

    HighLights

    • 1,003 SF condo unit on the 3rd floor with an open‑layout floor plan
    • Elevator access for the unit
    • Association insurance will replace ceiling tiles and fix the restroom
    • Includes a garage space for storage
    • Signage on 776

    Overview

    This third-floor office condo unit offers an open layout floor plan designed for flexible workspace planning. The property includes elevator access for convenient building entry. Association updates are underway, with insurance replacing ceiling tiles and fixing the restroom. The unit also includes a garage space for storage.

    The office condo is part of a building where the association provides signage, noted at 776 in the remarks. The unit is identified as 3f-1460 S Mccall Rd, Englewood, FL.

    For tenants, buyers, and owner-operators, the open layout can support a range of office uses where flexible configuration is important. Elevator service and the included storage garage space add day-to-day practicality, while the upcoming ceiling and restroom updates help standardize the interior environment within the unit.

    Local 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 $21.7k $21.60
    − Vacancy −$5.1k −$5.10
    EGI $16.6k $16.50
    − OpEx −$4.1k −$4.13
    NOI $12.4k $12.38
    1,003 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $177.3K
    $155.2K – $206.9K (±1% cap)
    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 (±1% cap)
    NOI $22,989 @ 7.0% cap · market cap 13.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Dental Office Parking Lot & Garage Carpet & Flooring Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Tech Support Center (Bike/Boat/Book/etc) Store Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.357059
    Latitude
    26.962075

    FAQs

    What type of property is this?
    Office units - Open-layout office condo with elevator access and private storage garage space.
    Where is this office units located?
    The property is located at 3f-1460 S Mccall Rd 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 condo unit on the 3rd floor with an open‑layout floor plan; Elevator access for the unit; Association insurance will replace ceiling tiles and fix the restroom
    More about this property
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