7500 BECKERS LANE
Englewood, FL, 34224 $ 1,200,000
Bedrooms9 Baths7.0 Sq 2,304 Monthly Estimate*
$ 7,976
for $1,200,000 with 9 bedrooms and 7 full baths. This 2,304 square foot home was built in 1972 on a lot size of 1.9.
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.
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FeaturesInteriorInterior Amenities l dining primary bedroom main floor primarybedroom upstairs
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features outside
Total Bedrooms 9
Total Baths 7
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GeneralSewer public sewer
Heating wall units / window unit
Cooling wall/window unit(s)
Utilities cable available electricity connected sewer connected water connected
Possession negotiable
Roof shingle
Zoning rmf10
Construction Materials block wood frame
Year Built 1972
Tenant Pays electricity water
Property Subtype duplex
Tax Year 2024
Ownership fee simple
Gross Income 84000
Additional Parcels Description 412021101009 412021101004
County charlotte
New Construction no
Property Type residential income
HOA N
Subdivision Name beckers
Garage Y/N no
Status active
Directions placida road south to right on dowing street right on beckers lane.
City englewood
Senior Community Y/N no
Number Of Units Total 7
MLS Area 34224 - englewood
Lot Size Units acres
Lot Size Square Feet 66100
Carport Spaces 2
Carport Y/N yes
Listing Terms cash conventional
Land Lease Y/N no
Tax Annual Amount 8053.26
Ok to Lease 12 months
Additional Parcels Y/N yes
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/d6140662
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type tenant
Tax Lot 4
Total Actual Rent 7000
Legal Description zzz 214120 p31-2 21 41 20 p-31 0.89 ac m/l com se cor lot 4 navy shores thence s 25 ft to pob cont s 25 ft w 111 ft to e row of downing st s 110 ft along row thence e 310 ft n 135 ft w 200 ft to pob.
Water Access Y/N no
Water View Y/N no
Flood Zone Code 8ae
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ExteriorExterior Amenities lighting storage
Parking Features boat covered off street on street rv parking
Water Source public
Lot Size Area 1.5174
Foundation Details concrete perimeter
Number of Buildings 4
Lot Dimensions 200 x 240 x 310 x 110
Lot Size Acres 1.9
Road Surface Type dirt
Private Pool no
Gulf-Front no
Covered Spaces 2
Number of Lots 3
Open Parking Y/N yes
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* Excluded FeaturesList ByHank Brill Properties LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,976
- Monthly Property Taxes
- $671
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Englewood, FL
Average List Price $764,603
Percent of Sale Price 36%
About Englewood, FL 16,820 Population
16% Since 2002
$ 42,767 Median Income
62.77 Median Age
12% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/10/2025 | $1,200,000 | | Listed Price |