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Property profile & analytics
OFF-MARKET
Multifamily properties

600 Old Englewood Rd Englewood, FL 34223

2,770 SF 0.61 ac lot Built 1946
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Multifamily properties
Year built 1946
Total area 2,770 SF
Lot 0.61 ac (26,572 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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