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149-181 Old Englewood Rd
Englewood, FL 34223
Lemon Landing · Multifamily Property For Sale
·
12 Units


Investment Highlights
- Multifaceted Value-Add Potential
- Access to Area Amenities
- Strong Demographics
- Desirable, Walkable Location
- Area Development
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase Lemon Landing, a twelve (12) unit multi-family property located at 149-181 Old Englewood Road in Englewood, Florida (the “Property”). The Property is centrally located in Englewood and is just two blocks from historic Dearborn Street, which serves as Englewood’s walkable downtown hub featuring a variety of local restaurants, boutiques, art galleries, and cafes. The location is less than a mile from North Indiana Avenue (FL Route 776), providing a convenient route along the Gulf Coast and connecting to major highways for further regional transportation. Englewood is approximately 35 miles south of Sarasota and 45 miles north of Fort Myers. The area in between the two cities is home to miles of pristine beaches and is continually ranked among the top travel destinations in the United States, funneling tourism dollars into the local economy.
The Property consist of three buildings comprising twelve (12), 2-Bedroom/1 Bathroom residential units with 9,900 square feet of living area in 10,820 square feet of gross area on 1.60 acres of land. Lemon Landing represents the rare opportunity to acquire a well-located, meticulously maintained multi-family property in a desirable coastal community that offers income growth, strong investment returns, and upside in rents.
The Property consist of three buildings comprising twelve (12), 2-Bedroom/1 Bathroom residential units with 9,900 square feet of living area in 10,820 square feet of gross area on 1.60 acres of land. Lemon Landing represents the rare opportunity to acquire a well-located, meticulously maintained multi-family property in a desirable coastal community that offers income growth, strong investment returns, and upside in rents.
Property Facts
| Price Per Unit | $260,571 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.60 AC |
| No. Units | 12 | Building Size | 9,902 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1986 |
| Apartment Style | Low-Rise | Parking Ratio | 2.67/1,000 SF |
| Zoning | RMF-4 - Residential | ||
| Price Per Unit | $260,571 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 9,902 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 2.67/1,000 SF |
| Zoning | RMF-4 - Residential |
Property Taxes
| Parcel Number | 0497-11-0041 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,662,270 CAD |
Property Taxes
Parcel Number
0497-11-0041
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,662,270 CAD
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