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21241027
21241034

2740 N Beach Rd, Englewood, FL 34223

CB
FL SL3585254
$4,700,000
509 days on market
Updated 105 days ago

2740 N Beach Rd

Details
APN 411901353002
Property Type Land, Multifamily
Sub Type Commercial, Residential (+1)
Square Footage 3,287
Net Rentable (SqFt) 3,287
Units 2
Cap Rate 6.00%
NOI $282,000
Year Built 1973
Year Renovated 2024
Buildings 2
Stories 1
Acreage 0.670
Zoning MMF

Gulf Front AirBNB Investment Opportunity!

Marketing description

Excellent investment opportunity! Situated on 0.67 acres of gulf front land along N Beach Road on Manasota Key with a total of 76’± of beach front. Two (2) existing beautifully remodeled rental properties on-site produce over $280,000 annually. Beautiful gulf front property in Charlotte County! Zoning allows for seven and a half (7.5) units per acre for a total of five (5) units allowed.

Investment highlights

Excellent Investment Opportunity!

Situated on 0.67 Acres of Gulf Front Land Along N Beach Road on Manasota Key

The Property has a Total of 76’± of Beach Front

Two (2) Existing Beautifully Remodeled Rental Properties Producing Over $280,000 Annually

Beautiful Gulf Front Property in Charlotte County!

Zoning allows for seven and a half (7.5) units per acre for a total of five (5) units allowed.

Listing Contacts

CB
FL SL3585254

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$282,000.00
$23,500.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Colton Brausen
License
SL3585254
Brokerage
Lee and Associates
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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