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Englewood Multifamily Investment Opportunity
For Sale
$1,650,000

602 Harvard St, Englewood, FL 34223

Fully furnished, 10-unit apartment community in Sarasota County, Florida.

Property SizeContact for details
Days on Market81

Property Features for 602 Harvard St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Tampa
Listed By: Colton Williams · License #SL3573846
Source: Colliers
Added: May 22 Changed: Aug 8 Last Checked: Jul 16 at 1:45AM

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 Tampa

Investment Insights

Based on property information with market context.

This fully furnished, 10-unit apartment community, known as Botanic Bungalows, is located in the Englewood submarket of Sarasota County, Florida. The property is 100% occupied. The property is situated a half-mile from Englewood's downtown and less than 2 miles from Manasota Key. The submarket has a median age of 68 and average household incomes of $100,000 within 10 minutes. Four of the ten tenants have been in place since 2021 or earlier. The property features a newly installed well, freshly serviced HVAC systems, and metal roofs.

Key Highlights

  • High annual return after debt of 20%
  • 100% occupied, 10‑unit fully furnished community
  • Located in the affluent Englewood submarket of Sarasota County, Florida, near downtown and Manasota Key

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully furnished, 10-unit apartment community in Sarasota County, Florida.
Where is this apartment building located?
The property is located at 602 Harvard St Englewood, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: High annual return after debt of 20%; 100% occupied, 10‑unit fully furnished community; Located in the affluent Englewood submarket of Sarasota County, Florida, near downtown and Manasota Key
More about this property
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