Active

$265,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1536 sq ft
Overview
  • ID: MFRA4675705
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1536 sq ft
Property Details
Remarks
Investor Alert: Commercial Duplex in the Path of Englewood’s Waterfront Growth Opportunity meets location at 2004 Wisconsin Ave in Englewood, where income potential and future redevelopment converge. Positioned on a corner lot where Wisconsin Ave ends at Lemon Bay and just off **Placida Rd—one of the area’s primary north/south corridors—**this commercially zoned (CG) duplex sits directly in the path of continued waterfront expansion. Adding to the strategic value, a neighboring marina has already begun acquiring surrounding properties and expanding its footprint, placing this site in a prime position for future commercial demand tied to Englewood’s growing boating and waterfront economy. The property features a 1,536 sq ft duplex with two 2-bedroom, 1-bath units, each with separate utilities. The building is fully vacant, giving investors immediate control to renovate, reposition, and lease for income—or reimagine the site entirely. Recent improvements include a new roof (2022), providing confidence for investors planning to hold and improve while exploring long-term redevelopment opportunities. With approximately four parking spaces possible and Commercial General zoning, the property allows for a wide range of uses including office, retail, marine-related services, short-term rental concepts, or a complete redevelopment aligned with the area's evolving commercial landscape. Whether your strategy is to renovate and rent for cash flow, hold for appreciation as the marina expansion continues, or redevelop the site into a commercial venture, this property offers the flexibility savvy investors look for in a coastal growth market. Vacant, strategically located, and positioned for upside—opportunities like this near the water and major thoroughfares are increasingly rare.
Financial Considerations
Price:
$265,000
HOA Fee:
N/A
Tax Amount:
$4601.08
Price per SqFt:
$172.53
Tax Legal Description:
GVC 000 0187 0011 GROVE CITY BLK187 LTS 11 12 & S1/2 LT 13 648/1729 1019-1070 1089/959 1764/2200 00T1769/341 FJ2319/2006
Exterior Features
Lot Size:
6000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1978
Construction Type:
Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    2004 WISCONSIN AVE
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