
501 S INDIANA AVENUE, ENGLEWOOD, FL 34223
BAY VIEW MANOR · Sarasota County
Key Facts
Description
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!
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1986
Stories
1
Living Area
4,200 sq ft
Lot Size
0.67 acres
Parking Spaces
31
Ownership
Fee Simple
Zoning
OPI
Days on Market
14
MLS® Listing#
C7524449
Property Features
Cooling
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Windows
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$10,816
Tax year 2025
Parcel Number
0854040001
Directions
St. Rd. 776 to S. Indiana Ave, property is on right at S. Indiana Ave and Selma Ave
Affordability Calculator
$195,000
Estimated monthly payment
$5,189/mo
Principal $780,000 · Est. interest $1,088,169 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in ENGLEWOOD, FL
- $359,884
- Median Listing Price
- 100
- Median Days on Market
- 1,500
- Median Sq Ft
- $242
- Median Price / Sq Ft
- 537
- Active Listings
- This home’s price is 171% above the area median.
- Its price per sq ft is 4% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in ENGLEWOOD, FL.
Location
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Points of Interest in ENGLEWOOD, FL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1000 MORNINGSIDE DRIVE, ENGLEWOOD, FL | $689,000 | 2 | 2 | 1,680 |
| 1375 BEACH ROAD 210, ENGLEWOOD, FL | $699,000 | 2 | 2 | 1,821 |
| 10264 BEACH DUNE DRIVE, ENGLEWOOD, FL | $699,000 | 3 | 3 | 2,100 |
| 1061 OWL DRIVE, ENGLEWOOD, FL | $699,900 | 3 | 3 | 1,884 |
| 1959 MISSISSIPPI AVENUE, ENGLEWOOD, FL | $710,000 | 4 | 2 | 2,102 |
| 1464 Deer Creek Drive, Englewood, FL | $724,900 | 3 | 3 | 1,838 |
Moving Cost Estimate
EXIT Agents in ENGLEWOOD
Listing Courtesy: COMPASS FLORIDA - 941-205-8478
Last Updated: 2026-04-03















