655 INDIANA AVENUE

ENGLEWOOD, FL 34223

Listing courtesy of ASSET AND KEY · MLS# TB8359240

$1,110,000

Active Under Contract

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Property Details

Building size

9,698 sq ft

Lot size

0.95 acres

Zoning

OPI

MLS#

TB8359240

Listed

March 7, 2025

Description

Under contract-accepting backup offers. For Sale: Prime Owner-User Medical Complex / Professional Office Center – 9,698 SF on 0.95 Acres Excellent opportunity to own this versatile medical/professional office compound in a high-visibility location with strong daily traffic of 23,000 vehicles. Perfect for an owner-user seeking to occupy part or all of the property, or for an investor looking to lease up the space. Property Highlights: Total Building Area: 9,698 SF Rentable Office Space: 6,600 SF Lot Size: 0.95 Acres Zoning: OPI (Office, Professional, Institutional) – Highly flexible zoning that supports medical offices, professional services, institutional uses, and mixed-use potential Current Status: Fully vacant – immediate occupancy available for an owner-user New Roof: Completely replaced on both buildings in 2025 The complex includes a dedicated garage located behind the main medical office building. This additional structure offers excellent flexibility — it can be used for owner parking/storage, expanded operations, or converted into additional income-producing space. This is a rare chance to acquire a well-located, recently updated professional office property with significant upside. Whether you're a medical practice, healthcare provider, law firm, or professional service group looking for a headquarters with expansion potential, or an investor seeking a value-add opportunity, this property checks all the boxes. Seller Financing Available for qualified buyers — making this even more accessible for the right owner-operator. Ideal location for professional services with excellent exposure and easy access. Don’t miss this turnkey opportunity in a growing market.

Facts & Costs

Property type: Office
Building size: 9,698 sq ft
Zoning: OPI
Road frontage: City Street
Year built: 1991
Lot size: 0.95 acres
Stories: 1
Price per sq ft: $114
Days on market: 573
Waterfront: No
Subdivision: ENGLEWOOD OF
County: Sarasota
Flood zone: X

Monthly & yearly costs

Property taxes: $14,399 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Cooling: Central Air
Construction: Concrete, Stucco

Payment Estimate

$6,813 / month

Principal & interest: $5,613
Property taxes: $1,200
HOA: $0
Home insurance: enter below

Down payment (20%)$222,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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