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2061 Englewood Road
Englewood, FL 34223
Asking Price
$1.10M
Cap Rate
12%
Asset Type
Office
Class
Class B
What's Special
Multi-Unit Medical Office Building on 1.5 acres with 350 ft highway frontage <p><strong>Investor Alert: Below-Appraised Value – Priced at Land Value for Quick Sale!</strong></p><p>Three commercial parcels totaling ±1.5 acres with a ±9,100 sq. ft. building currently configured as <strong>7 medical office suites</strong>. Zoned OPI, the property supports a wide range of professional, medical, and commercial uses, offering flexibility for multi-tenant occupancy or a single owner-user.</p><p><strong>Key Highlights:</strong></p><ul><li><strong>Priced well below 2024 appraise
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
