7500 BECKERS LANE, Englewood, FL 34224

  • $1,200,000
7500 BECKERS LANE, Englewood, FL 34224
Active
7500 BECKERS LANE, Englewood, FL 34224
7500 BECKERS LANE, Englewood, FL 34224
  • $1,200,000

Overview

Property ID: HZD6140662
  • Duplex, Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 7
  • Bathrooms
  • 1972
  • Year Built

Description

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.

  • Address 7500 BECKERS LANE
  • City Englewood
  • State/county FL
  • Zip/Postal Code 34224
  • Area BECKERS

Details

Updated on February 11, 2025 at 11:53 am
  • Property ID: HZD6140662
  • Price: $1,200,000
  • Land Area: 1.9 Acres
  • Bedrooms: 9
  • Bathrooms: 7
  • Garage Size: x x
  • Year Built: 1972
  • Property Type: Duplex, Residential Income
  • Property Status: Active

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