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Recently Renovated Office Building
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900 Pine St, Englewood, FL 34223

Office building offering 2 units and 3,941 SF, recently renovated for modern office or commercial use.

Property Size3,941 SF
Price / SF$234.71
Days on Market278

Property Features for 900 Pine St

General Information

Standard status Active
Size 3,941 SF
Property subtype OFFICE

Additional Details

Office Units 2
Listing Agency: SVN Commercial Advisory Group
Listed By: Larry L Starr · License #SL3039111
Source: Moodyscre
Added: Jan 23 Changed: Oct 26 Last Checked: Oct 28 at 12:17PM

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 SVN Commercial Advisory Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This recently renovated office building offers 3,941 SF total and is configured as two units. The space is presented with a modern design and premium amenities, with a layout intended to support practical day-to-day office and commercial use.

Located at 900 Pine St in Englewood, Florida, the building is offered for sale as a turn-key option for an owner seeking an office property with an investor-friendly, multi-unit configuration.

The property’s two-unit arrangement provides separate occupancy options within one building, making it well suited for buyers looking for a flexible office setup.

Key Highlights

  • 3,941 SF office building with 2 units
  • Recently renovated for modern office or commercial use
  • Strategic layout designed for office or commercial occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,777
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,540 $975.5K
Cap Rate 7%
$696,814 $696.8K
Cap Rate 9%
$541,967 $542.0K
Market Conditions
NOI Build-Up for 3,941 SF
Gross rent
$85.1K $21.60/SF
− Vacancy
−$20.1K −$5.10/SF
EGI
$65.0K $16.50/SF
− OpEx
−$16.3K −$4.13/SF
NOI
$48.8K $12.38/SF
Area
Charlotte County, FL
Vacancy
23.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,540
Cap Rate 7%
$696,814
Cap Rate 9%
$541,967

Alternative Uses

Best Use
Office B
$696.8K
$609.7K – $813.0K (±1% cap)
NOI $48,777 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,328 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Bakery Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Auto Parts 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.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

370
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 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 building - Office building offering 2 units and 3,941 SF, recently renovated for modern office or commercial use.
Where is this office building located?
The property is located at 900 Pine St Englewood, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,941 SF office building with 2 units; Recently renovated for modern office or commercial use; Strategic layout designed for office or commercial occupancy
(941) 914-6869 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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