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Gated Auto Shop Property
For Sale
$350,000

54 HARVARD Street, Englewood, FL 34223

Commercial Sale, ENGLEWOOD, FL

Property Size560 SF
Lot Size0.31 Acres
Price / SF$625
Days on Market182

Property Features for 54 HARVARD Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CI
Subdivision ENGLEWOOD OF
Lot features Corner Lot, Paved
Directions From the intersection of SR776 (Indiana Ave) and Dearborn Street, head north on SR776 three blocks, turn left onto Harvard to sign on right.
Standard status Active
APN 0497010012
Size 560 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WLY 100 FT OF ELY 325 FT OF SLY 165 FT OF LOT 72, LESS SLY 30FT THEREOF FOR R/W, BEING SAME LANDS AS DESC IN ORI 2022142662
Tax Annual Amount 3170
Legal Description WLY 100 FT OF ELY 325 FT OF SLY 165 FT OF LOT 72, LESS SLY 30FT THEREOF FOR R/W, BEING SAME LANDS AS DESC IN ORI 2022142662

Utilities

Sewer type Public Sewer
Water source Public

Amenities

pole sign
carport/shop area

Building Details

Year built 1989
Floors in Building 1
Building materials Frame
Listing Agency: LASBURY-TRACY REALTY INC.
Listed By: Bart Tracy II
Added: Apr 30 Changed: Oct 2 Last Checked: Oct 28 at 5:06PM
MLS# D6147287

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 0.31-acre commercial property includes a 560-square-foot frame office building with two offices, a reception area, and a bathroom. Improvements also include a three-car carport/shop area, a small storage shed, security fencing, and gated access from three sides. A pole sign provides visibility from SR776.

The property is zoned CI, with source-supported applications including automotive or marine service, distribution center operations, leasing operations, and service companies. Public water and public sewer serve the site. The property is currently occupied by an automotive service and sales business on a month-to-month tenancy; the existing occupant has expressed interest in signing a new lease.

Key Highlights

  • 0.31‑acre CI‑zoned commercial property
  • 560‑square‑foot frame office building with two offices, reception, and bathroom
  • Three‑car carport/shop area plus small storage shed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,962
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,240 $199.2K
Cap Rate 7%
$142,314 $142.3K
Cap Rate 9%
$110,689 $110.7K
Market Conditions
NOI Build-Up for 560 SF
Gross rent
$14.7K $26.28/SF
− Vacancy
−$486 −$0.87/SF
EGI
$14.2K $25.41/SF
− OpEx
−$4.3K −$7.62/SF
NOI
$10.0K $17.79/SF
Area
Charlotte County, FL
Vacancy
3.30%
Lease Rate
$26.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,240
Cap Rate 7%
$142,314
Cap Rate 9%
$110,689

Alternative Uses

Best Use
Retail
$142.3K
$124.5K – $166.0K (±1% cap)
NOI $9,962 @ 7.0% cap · market cap 2.85%
Second Best
Office B
$99.0K
$86.6K – $115.5K (±1% cap)
NOI $6,931 @ 7.0% cap · market cap 1.98%
Theoretical Best
Office A
$183.4K
$160.4K – $213.9K (±1% cap)
NOI $12,835 @ 7.0% cap · market cap 3.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Dental Office Parking Lot & Garage Grocery & Convenience Store Pharmacy Auto Parts Store Furniture & Home Goods

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

Lease Details

Single-tenant
Tenancy
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

680
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Englewood Service Center, LLC — 210 S Indiana Ave, Englewood, FL 34223
  • Ultimate Auto Works — 210 S Indiana Ave, Englewood, FL 34223
  • Ultimate Auto Works, LLC — 210 S Indiana Ave, Englewood, FL 34223
  • Window Tinting Guys of Englewood — 80 S McCall Rd, Englewood, FL 34223, United States
  • Dino Tint — 80 S McCall Rd, Englewood, FL 34223

Frequently Asked Questions

What type of property is this?
Auto shop - CI-zoned commercial site with office space, covered shop capacity, public utilities, and secured access.
Where is this auto shop located?
The property is located at 54 HARVARD Street Englewood, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 0.31‑acre CI‑zoned commercial property; 560‑square‑foot frame office building with two offices, reception, and bathroom; Three‑car carport/shop area plus small storage shed
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Includes: Price & PSF · Cap rate · Location · Zoning

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