Lemon Landing 149-181 Old Englewood Rd 12 Unit Apartment Building $2,300,000 ($191,667/Unit) Englewood, FL 34223

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase Lemon Landing, a twelve (12) unit multi-family property located at 149-181 Old Englewood Road in Englewood, Florida (the “Property”). The Property is centrally located in Englewood and is just two blocks from historic Dearborn Street, which serves as Englewood’s walkable downtown hub featuring a variety of local restaurants, boutiques, art galleries, and cafes. The location is less than a mile from North Indiana Avenue (FL Route 776), providing a convenient route along the Gulf Coast and connecting to major highways for further regional transportation. Englewood is approximately 35 miles south of Sarasota and 45 miles north of Fort Myers. The area in between the two cities is home to miles of pristine beaches and is continually ranked among the top travel destinations in the United States, funneling tourism dollars into the local economy.
The Property consist of three buildings comprising twelve (12), 2-Bedroom/1 Bathroom residential units with 9,900 square feet of living area in 10,820 square feet of gross area on 1.60 acres of land. Lemon Landing represents the rare opportunity to acquire a well-located, meticulously maintained multi-family property in a desirable coastal community that offers income growth, strong investment returns, and upside in rents.