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Newly Remodeled Office Condo Units
For Sale
$400,000

406 North Indiana Avenue Suite 3 & 4, Englewood, FL 34223

Two office condo units totaling 2,000 sf are newly remodeled with a new roof, signage, and updated plumbing.

Property Size5,500 SF
Price / SF$72.73
Days on Market956

Property Features for 406 North Indiana Avenue Suite 3 & 4

General Information

Standard status Active
Size 5,500 SF
Property subtype Commercial

Building Details

Year Built 1984
Listing Agency: MSC Commercial
Listed By: Tammy Shaw · License ##BK3336061
Source: Msccommercial
Added: Mar 12, 2024 Changed: Oct 21 Last Checked: Oct 20 at 11:09PM

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 MSC Commercial

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Investment Insights

Based on property information with market context.

This offering includes two office condo units in the Plaza, identified as units 3 and 4. The spaces are newly remodeled and include a new roof with new soffit, fascia, and gutters with warranties. Additional improvements referenced include updated plumbing and new signage. The property is being sold as commercial condo units, with both units available together or individually.

The condos are located on the north side (Sarasota County) of Englewood on the main state route 776, with ample on-site parking. The area is described as a beachfront community with an established small shopping district primarily along Dearborn Street, and entertainment options including the beach and restaurants.

The sale includes two 1,000 sf units for a combined 2,000 sf of office condo space. The property configuration supports either an owner-user setup or an investment approach within the Plaza building.

Key Highlights

  • 1984‑built commercial condo with 2 office units (condos 3 and 4), 1,000 SF each (2,000 SF total)
  • Newly remodeled with new roof, soffit, fascia, and gutters with warranties
  • Updated plumbing and new signage

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Dental Office Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby

Demographics for 34223, FL

19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two office condo units totaling 2,000 sf are newly remodeled with a new roof, signage, and updated plumbing.
Where is this office unit located?
The property is located at 406 North Indiana Avenue Suite 3 & 4 Englewood, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1984‑built commercial condo with 2 office units (condos 3 and 4), 1,000 SF each (2,000 SF total); Newly remodeled with new roof, soffit, fascia, and gutters with warranties; Updated plumbing and new signage
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