7500 Beckers Lane, ENGLEWOOD, FL 34224
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by:paula brill
Office:hank brill properties llc.
MLS#:D6140662
Source:MFRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$477.43
About this home
The Perfect Investment Opportunity...Nestled in a prime location, this unique investment opportunity offers you the chance to own an entire
street, spanning 1.52+/- acres, zoned RMF 10. This property is not just a piece of land; it’s a gateway to
significant returns and strategic growth, presenting an array of possibilities for the astute investor. The property in question currently features three existing duplexes and one small house. Together, these
structures provide a mix of living spaces that cater to various tenant needs. The setup includes:
·Five units: 1 bedroom, 1 bath
·Two units: 2 bedrooms, 1 bath
Each of these units has been meticulously renovated, ensuring that they are in top-notch condition, ready
to provide a comfortable living experience for tenants. The small house, while currently under renovation,
is in the process of receiving a new roof and repairs post-Hurricane Milton, further enhancing its value
and appeal.
One of the most enticing aspects of this investment is the potential for expansion. The property is zoned
RMF 10, which allows for substantial growth. With the capability to build four additional units, there is a
significant opportunity to maximize the investment. This expansion potential not only increases the
number of income-generating units but also enhances the overall value of the property.
Currently, all units are leased except for the small house, which is undergoing renovations. This high
occupancy rate is a testament to the property's desirability and the demand in the area. The renovations on
the small house are expected to be completed soon, making it ready for leasing and contributing to the
overall rental income.
The rental market in this region has seen a steady demand, especially for well-maintained units close to
essential amenities and recreational sites. The mix of 1-bedroom and 2-bedroom units caters to a broad
spectrum of tenants. This diversity in unit types helps maintain a low vacancy rate and ensures a stable rental income.
This investment opportunity is indeed unique, offering a blend of immediate income and future growth
potential. The strategic location, high-quality renovations, and expansion possibilities make it an
attractive option for investors looking to diversify their portfolio and achieve substantial returns. Whether
you are an experienced investor or new to real estate, this property presents a chance to capitalize on a
prime asset in a thriving market.
Considering the current income, potential income from additional units, and the favorable market
conditions, the return on investment is projected to be substantial. The high occupancy rates and demand
for quality rental units ensure a consistent and lucrative income stream.
In summary, owning this 1.52+/-acre property with existing duplexes and the potential for further
development is a golden opportunity. The combination of current tenant occupancy, renovation efforts,
and prime location near desirable amenities makes it a sound and profitable investment. Explore this
opportunity today and secure your place in a growing and lucrative market.
Contact an agent
Home facts
- Year built:1972
- Listing Id #:D6140662
- Added:189 day(s) ago
- Updated:August 14, 2025 at 11:58 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Living area:2,304 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1972
- Building area:2,304 sq. ft.
- Lot area:1.52 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$477.43
- Tax amount:$8,053 (2024)
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Better Homes and Gardens Real Estate Lifestyles Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Lifestyles Realty, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
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Properties in listings may have been sold or may no longer be available.
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