600 Old Englewood Rd Englewood, FL 34223
This exceptional seven-unit multifamily property presents a compelling investment opportunity in the flourishing Englewood, Florida market. Located at 600 Old Englewood Road, this well-maintained complex offers 2,770 square feet of living space situated on a sizable 0.61-acre lot. The property's zoning designation, RSF-3, allows for garden-style development, maximizing potential for future expansion or enhancement. Its attractive curb appeal contributes to high occupancy rates and strong rental income. The strategic location ensures easy access to a wide array of amenities and convenient transportation options, making it highly desirable for tenants. This property is priced at $1,100,000 and represents a rare chance to acquire a stable, income-generating asset in a rapidly growing area. The existing structure provides immediate cash flow, while the zoning allows for future development potential, making this an attractive investment for both seasoned and emerging real estate investors seeking a strong return on investment in a desirable Florida location. The property's size and location make it an ideal investment for those seeking a multi-family property with significant upside potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.