PLEASE NOTE: The red line in the aerial photos is the zoning line. The property boundaries are represented by green shading. There are two contiguous parcels that make up the one parcel that is for sale. 1 FOR SALE BY OWNER - 1 +- ACRE WITH 9 RENTAL UNITS - $995,000.00 Zoning is Commercial Neighborhood which allows many of the units to be rented either as commercial or residential. This allows the owner to swing with the highest and most profitable portion of the rental market. As you will see in the notes below this property is designed to be extremely flexible allowing mobility to move with varying rental markets. The property is currently 100% annual rentals. However, due to current market rates, the highest and best use of the property might be for seasonal rentals if the owner chooses to manage or find a competent manager / management company. PROPERTY LOCATION: In the heart of Englewood Florida fronting on SR 776 / S. McCall Rd. / Indiana Ave. (The main artery through town.) Most amenities / businesses needed to sustain a community are located within a 3 to 5 mile radius of this property. STRUCTURES ON THE PROPERTY: One - 8 Room Office Building (Commercial only - not set up for residential use.) 960 sq. ft. +- Three - 1 Br 1 Ba Units (One of these is rented residential but would be better suited as commercial. The other two are either.) two at 480 sq. ft. +- and one at 576 sq. ft. +- One - 1 Br 2 Ba Unit (Two story. Can only be rented residential.) 660 sq. ft. +- Two - Studio Apartments (One can be rented as either residential or commercial and one is residential only.) 220 sq. ft. +- and 300 sq. ft. +- One - 2 Br 1 Ba Unit (Can only be rented residential.) 992 sq. ft. +- One - 2 Br 2 Ba Unit (Can only be rented residential.) 780 sq. ft. +- One - 8'x 12' Owner's storage area. 96 sq. ft. +- (Currently being used by owner.) Notes: The 1 br 2 ba and one of the studio apartments can be rented as one unit or separately via a lockable double connecting door. Because my rentals are annual I have always rented them as one unit. Owner's storage area could be rented as storage space for tenant if not needed by owner. Additional shell parking area could be rented as parking storage (currently not being rented.) ADDITIONAL AMENITIES: 26'+- tall lighted pylon sign with highway frontage and 256 sq. ft. +- signage face. Paved parking for commercial units. Direct access from SR776 / S. McCall Rd. / Indiana Ave. plus rear access from two side streets (Riverview Ave. and New Jersey Ave.). Approximately 14 - 9'wide shell parking spaces - could be rented as storage parking spaces for boats, campers, etc.. Communal park/picnic area with grill, paver brick patio and circular table belonging exclusively to this property. Partial view of Lemon Bay from some of the units. APPROXIMATE DISTANCES TO OTHER PLACES: 100 yards to Lemon Bay or marina with boat storage (within sight). - 2-1/2 mi. to public beach on Gulf of Mexico. - 3 mi. to Wal-Mart supercenter. - 1-1/2 mi. to Publix supermarket. - 1-1/2 mi. to public boat ramp. - 2 mi. to post office. - 13 mi to Venice or North Port. - 21 mi. to Port Charlotte. - 25 mi. to Punta Gorda. - 35 mi. to Sarasota. - 55 mi. to Ft. Myers. - 89 mi to Tampa. - 95 mi to Naples. - 209 mi to Miami. COMMERCIAL PROPERTY, INVESTMENT PROPERTY, INCOME PROPERTY, RENTAL PROPERTY. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. OWNER: 828-421-5587
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