www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31873855
31873692

2061 Englewood Road, Englewood, FL 34223

TC
FL Bk3374207
Keller Williams Island Life Real Estate
Listed by Keller Williams Island Life Real Estate
$1,100,000
46 days on market
Updated 21 days ago

Gulf Professional Center - Medical Plaza for Sale

Details
APN 0485-03-0021
Property Type Office
Square Footage 9,840
Units 40
Cap Rate 12.00%
Occupancy 20%
Tenancy Multi
Lease Type NNN
Lease Term 1
Lease Expiration 11/01/2026
Pro-Forma Cap Rate 11.73%
Pro-Forma NOI $129,000
Price per SqFt $18
Class B
Year Built 1999
Year Renovated 2023
Buildings 1
Lot Size (SqFt) 66,800
Zoning OPI
Parking Spaces spaces
Lease Commencement 11/01/2025

Multi-Unit Medical Office Building on 1.5 acres with 350 ft highway frontage

Marketing description

Prime Investment Opportunity – Below 2024 Appraised Value

This offering consists of three commercial parcels totaling approximately 1.5 acres with a ±9,100 square foot commercial building currently configured as seven medical office suites. The property is priced at land value for a quick sale, providing immediate equity potential for investors.

Property Features:

  • Zoned OPI (Office, Professional, Institutional) with flexible use for medical, professional, or commercial tenants.
  • Multi-tenant configuration or suitable for a single owner-user.
  • Recent capital improvements include HVAC systems replaced in 2023–2024.
  • Located on a high-visibility corner at Englewood Road (SR 776) and Keyway Place, with approximately 400 feet of frontage and two existing parking areas.
  • Includes an additional vacant parcel suitable for expanded parking or future development.
  • Future growth potential: Sarasota County plans include a signalized intersection and widening of Keyway Place to a dual-lane divided roadway, enhancing traffic flow, exposure, and accessibility.

Situated in a rapidly expanding corridor near Wellen Park and Sarasota’s beach communities, this property offers immediate income potential with long-term appreciation upside, making it an exceptional opportunity for forward-thinking investors and developers

Investment highlights

Investor Alert: Below-Appraised Value – Priced at Land Value for Quick Sale!

Three commercial parcels totaling ±1.5 acres with a ±9,100 sq. ft. building currently configured as 7 medical office suites. 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.

Key Highlights:

  • Priced well below 2024 appraised value, offering immediate equity potential.
  • Prime corner location at Englewood Road (SR 776) and Keyway Place with ~400’ frontage.
  • Future growth upside: County plans include a traffic signal and dual-lane roadway, boosting visibility, access, and long-term appreciation.
  • Recent upgrades: HVAC replaced in 2023–2024.
  • Development potential: Additional vacant parcel allows expanded parking or future construction.

Perfect for forward-thinking investors seeking immediate income and long-term appreciation in a rapidly growing corridor near Wellen Park and Sarasota’s beach communities

Listing Contacts

TC
FL Bk3374207
Keller Williams Island Life Real Estate
Listed by Keller Williams Island Life Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Traci Creighton
License
Bk3374207
Brokerage
Keller Williams Island Life
Brokerage Phone
9412546467
Brokerage Address
206 Harbor Drive South
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591