$975,000
501 Indiana Avenue
Englewood, FL 34223
Listing updated: May 11, 2026 at 12:14 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
EXCEPTIONAL INCOME-PRODUCING COMMERCIAL OPPORTUNITY IN ENGLEWOOD Positioned on a prominent corner lot with outstanding visibility, this well-maintained commercial property offers a rare investment opportunity in a high-growth corridor of Englewood. With over 4,800 total square feet, the property consists of three office units zoned OPI (Office, Professional, Institutional), making it ideal for a variety of professional and business uses. The oversized parcel provides ample parking with 31 spaces, including two ADA-compliant spots, ensuring convenience for tenants and clients alike. **Suite A: (approx. 1,700 SF) is currently leased to a long-term tenant, providing immediate, stable income. This suite features a spacious reception area with front desk, four private offices (including a conference room), an equipment room, break room, and two restrooms. **Suite B: (approx. 600 SF) offers a flexible layout, including a 11’ x 28’ front office, 8’ x 12’ back room, 8’ x 10’ office/mailroom, and a 9’ x 12’ kitchen area. **Suite C: (approx. 1,900 SF) is a larger suite featuring a welcoming reception area with a sliding window to the administrative office, conference room, storage and copier rooms, an open workspace with three cubicles, two additional private offices, and two restrooms. Units B and C were most recently leased together, offering versatility for single or multiple tenants. Located along a high-traffic corridor with excellent accessibility from both north and southbound routes, the property benefits from strong surrounding residential density and nearby commercial activity—supporting long-term tenant demand and investment growth. Don't miss this opportunity! Schedule your private showing today!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history14 days on market
- Status: ActiveApr 27, 2026
- Listed$975,000Apr 27, 2026
- Price increased$975,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Business
- Status
- Active
- Days on market
- 14
- Subdivision
- Bay View Manor
- County
- Sarasota
- Year built
- 1986
- Living area
- 4,851 sq ft
- Price/sq ft
- $232
- Building area
- 4,200 sq ft (Public Records)
- Lot size
- 29,170 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12115C0453G)
- Annual taxes
- $10,816 (2025)
- Parcel #
- 0854040001
- Zoning
- OPI
- MLS #
- C7524449
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Interior Details
- Flooring
- Carpet, Laminate, Luxury Vinyl, Tile
- Direction faces
- West
Heating & Cooling
- Cooling
- Central Air
Parking
- Parking features
- Common
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Commercial Financing
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Concrete, Vinyl Siding
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Phone Available, Public, Water Connected
Listing Details
- Listing date
- 2026-04-03
- On market date
- 2026-04-27
- Original list price
- $975,000
- Occupant type
- Tenant
- MLS area
- 34223 - Englewood
- Listing AOR
- Port Charlotte
- Status changed
- 2026-04-27
- Tax legal description
- LOTS 1 THRU 7 & W 1/2 OF VAC ALLEY ADJ TO E & N 1/2 OF VAC ALLEY ADJ TO S & LESS W 20 FT THEREOF FOR R/W ALSO LESS R/W FOR SR 776 DESC IN OR 2582/2495 BLK 1 & ALSO LOTS 1 THRU 5 & E 1/2 OF
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
St. Rd. 776 to S. Indiana Ave, property is on right at S. Indiana Ave and Selma Ave
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 11, 2026 at 12:14 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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