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350 Elm St
Englewood, FL 34223 Venice/Englewood

$1,999,000 USD

Apartments For Sale  •  10,933 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,724 SF
  • Lot Size 1.06 AC
  • Building Class C
  • Year Built 1972
  • Zoning RSF-3
30 Walk Score

Highlights

Attractive going-in basis at $166,600 per unit with immediate rental upside
Coastal location with heavy retirement demand and under 10 minutes from Manasota Key - the #22 Best Place to Retire in the U.S.
Select units feature updated kitchens, luxury vinyl plank flooring, and renovated bathrooms
Remaining units, common areas, and exteriors offer clear value-add runway from day one
All units feature in-unit washers/dryers and flood insurance is not required
In-place rents of $1,440 sit well below comparable two-bedrooms in the submarket, which on average achieve $1,628

Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Tile Floors
  • Refrigerator
  • Oven

Public Transportation

AirportDriveWalkDistance
Punta Gorda 52 min - 30.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Colton Williams 941-363-1623 Colliers
Colton Williams 941-363-1623 Colliers