7500 Beckers Ln Englewood, FL 34224
Property details
About 7500 Beckers Ln
The Perfect Investment Opportunity...Nestled in a prime location, this unique investment opportunity offers you the chance to own an entire street, spanning 1.52+/- acres, zoned RMF 10. This property is not just a piece of land; it’s a gateway to significant returns and strategic growth, presenting an array of possibilities for the astute investor. The property in question currently features three existing duplexes and one small house. Together, these structures provide a mix of living spaces that cater to various tenant needs. The setup includes: ·Five units: 1 bedroom, 1 bath ·Two units: 2 bedrooms, 1 bath Each of these units has been meticulously renovated, ensuring that they are in top-notch condition, ready to provide a comfortable living experience for tenants. The small house, while currently under renovation, is in the process of receiving a new roof and repairs post-Hurricane Milton, further enhancing its value and appeal. One of the most enticing aspects of this investment is the potential for expansion. The property is zoned RMF 10, which allows for substantial growth. With the capability to build four additional units, there is a significant opportunity to maximize the investment. This expansion potential not only increases the number of income-generating units but also enhances the overall value of the property. Currently, all units are leased except for the small house, which is undergoing renovations. This high occupancy rate is a testament to the property's desirability and the demand in the area. The renovations on the small house are expected to be completed soon, making it ready for leasing and contributing to the overall rental income. The rental market in this region has seen a steady demand, especially for well-maintained units close to essential amenities and recreational sites. The mix of 1-bedroom and 2-bedroom units caters to a broad spectrum of tenants. This diversity in unit types helps maintain a low vacancy rate and ensures a stable rental income. This investment opportunity is indeed unique, offering a blend of immediate income and future growth potential. The strategic location, high-quality renovations, and expansion possibilities make it an attractive option for investors looking to diversify their portfolio and achieve substantial returns. Whether you are an experienced investor or new to real estate, this property presents a chance to capitalize on a prime asset in a thriving market. Considering the current income, potential income from additional units, and the favorable market conditions, the return on investment is projected to be substantial. The high occupancy rates and demand for quality rental units ensure a consistent and lucrative income stream. In summary, owning this 1.52+/-acre property with existing duplexes and the potential for further development is a golden opportunity. The combination of current tenant occupancy, renovation efforts, and prime location near desirable amenities makes it a sound and profitable investment. Explore this opportunity today and secure your place in a growing and lucrative market.
Highlights
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Summary
- MLS Number: D6140662
- MLS Name: MFRMLS
- Office Name: HANK BRILL PROPERTIES LLC
- Office Phone: (941) 474-2882
- Listing Agent: Paula Brill
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Last updated on: 4/13/2025, 1:20:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
7500 Beckers Ln
$10,000
closing credit¹
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Price information
Property sales
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Nearby schools
7
Vineland Elementary School
Public District PK-5
2.5 mi
•467 Boundary Blvd
6
Englewood Elementary School
Public District PK-5
5.0 mi
•150 N McCall Rd
3
Myakka River Elementary School
Public District PK-5
6.0 mi
•12650 Willmington Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,711. Most Englewood, FL residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 7500 Beckers Ln in Englewood, FL and zip code 34224. This 2,304 square foot home, which was built in 1972, sits on a 1.90 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $1,200,000.
While more than 7 listings in Englewood, FL in March 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 79 were sold below. In March 2025 in Englewood, FL there were 9.2% more homes for sale than in February. In March 2025 median list price was $378,339 and the average listing age was 70 days.