Mixed-Use Property with Drive-Through
For Sale
$469,900
9458 ANITA AVENUE #B, Englewood, FL 34224
Two upper-level residences sit above a full-floor garage with front and rear overhead doors.
Property Size3,000 SF
Price / SF$156.63
Days on Market8
Property Features for 9458 ANITA AVENUE #B
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Residential Income
Zoning
RMF10
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,047
Amenities
Living Room/Dining Room Combo
Open Floorplan
Storage
Building Details
Building Size
3,000 SF
Year Built
2005
Units
2
Listing Agency:
CANCELLI COASTAL REALTY
Listed By:
Robert Cancelli
(727) 772-3863
Source:
Cancellicoastalrealty
Added: Oct 16
Changed: Oct 22
Last Checked: Oct 22 at 2:27PM
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 CANCELLI COASTAL REALTY
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Investment Insights
Based on property information with market context.
Built in 2005, this mixed-use property has two residential units on the second level, each with approximately 1,500 square feet, two bedrooms, and two ensuite bathrooms. The 3,000-square-foot garage occupies the entire ground level and has overhead doors at both ends for drive-through access. A loft provides storage, while framed space includes a plumbed area for an efficiency apartment and a separate area intended for an office or workspace.
The property is zoned RMF10 and sits a few blocks from McCall Road in Englewood, with shopping, dining, and services accessible nearby.
The property is zoned RMF10 and sits a few blocks from McCall Road in Englewood, with shopping, dining, and services accessible nearby.
Key Highlights
- Two upper‑level units, each approximately 1,500 square feet, with two bedrooms and two ensuite bathrooms
- 3,000‑square‑foot ground‑level garage with overhead doors at the front and rear
- Framed and plumbed area within the garage for an efficiency apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,021
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,420
$580.4K
Cap Rate 7%
$414,586
$414.6K
Cap Rate 9%
$322,456
$322.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$51.1K $17.04/SF
− Vacancy
−$9.7K −$3.22/SF
EGI
$41.5K $13.82/SF
− OpEx
−$12.4K −$4.15/SF
NOI
$29.0K $9.67/SF
Area
Charlotte County, FL
Vacancy
18.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,420
Cap Rate 7%
$414,586
Cap Rate 9%
$322,456
Alternative Uses
Best Use
Multifamily LT 5
$414.6K
$362.8K – $483.7K
NOI $29,021 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$378.4K
$331.1K – $441.4K
NOI $26,486 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$982.3K
$859.5K – $1.15M
NOI $68,760 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
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Business Placement
Demographics for 34224, FL
16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two upper-level residences sit above a full-floor garage with front and rear overhead doors.
Where is this mixed-use property located?
The property is located at 9458 ANITA AVENUE #B Englewood, FL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Two upper‑level units, each approximately 1,500 square feet, with two bedrooms and two ensuite bathrooms; 3,000‑square‑foot ground‑level garage with overhead doors at the front and rear; Framed and plumbed area within the garage for an efficiency apartment
