2730 Worth Ave, Englewood, FL 34224-9748
This exceptional 1200-square-foot warehouse condo presents a rare investment opportunity in Englewood, Florida. Strategically located in a bustling central area, this property enjoys convenient access to major roadways including Winchester, San Casa, Placida Road, SR 776, CR 775, and Highway 41, ensuring seamless transportation and logistics. The unit itself is zoned Industrial General and boasts a versatile layout. Currently configured with a reception area, coffee bar, three offices, and a storage area, plus a private bathroom, the space offers significant flexibility. The potential exists to create up to five offices by removing a partition wall behind the roll-up door, allowing for customization to suit diverse business needs. The interior is primarily designed for office and storage use. The entire building benefited from a new metal roof installation in 2023, enhancing its longevity and curb appeal. Low maintenance is ensured through a quarterly HOA fee of $800, which comprehensively covers lawn care, building insurance, trash removal, electricity, water, and reserve fund contributions. Individual units are responsible for their own Florida Power & Light (FPL) bill, estimated at approximately $100 per month. The property sits on a 0.09-acre lot, providing ample space for potential future expansion or outdoor use. This turnkey opportunity is ideal for a variety of businesses seeking a well-maintained, conveniently located space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IG INDUSTRIAL-GENERAL · Englewood, FLEnglewood. Always verify with local authorities before improvements.
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.