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.