Skip to content
119 Indiana Avenue, FL
Stellar MLS

$1.20M

119 Indiana Avenue

Englewood, FL 34223

Listing updated: May 1, 2026 at 5:12 PM ET

Active
Stellar MLSListing courtesy of Lasbury-Tracy Realty Inc. · Bart Tracy II · MLS #D6147296 · Active · 941-474-5585
6,286
Building SF
0.8
Acres
5
Units
1958
Built
$190.9
Per SF
Retail5.96% cap rate$190.9/SF360° tour
Retail

Property type

1958

Year built

6,286 SF

Building size

35,044 sqft

Lot size

$190.9

Price / SF

5

Units

CG

Zoning

1

Day on market

Investment & cash flow

5.96%
Cap rate*
$72K
NOI / yr
$87K
Gross income (Actual)
$15K
Annual expenses
13.9
GRM
$190.9
Price / SF

*Cap rate computed from gross income minus expenses. Figures provided by the listing broker — verify independently.

About this property

FULLY LEASED FIVE UNIT STRIP PLAZA located on major state highway in Historic Old Englewood Village. This 6000 SF plaza has a newer roof, parking lot and sign. Two units occupied by single tenant with a five year lease and the other three units are individual month to month leases. Huge traffic counts on SR776 and one of the fasted growing communities in Florida is Wellen Park just down the road. This property is located in the desirable X500 flood zone, offers plenty of parking, room for expansion and a location that is fantastic for tenants and owner occupants. Call today for details and your private showing.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Retail
Status
Active
Days on market
1
Subdivision
Prospect Park
County
Sarasota
Year built
1958
Building area
6,286 sq ft
Price/sq ft
$190.9
Lot size
35,044 sq ft
Units
5
Buildings
1
Road frontage
State Road
Building features
Bathrooms
Annual taxes
$12K (2025)
Parcel #
0853050001
Zoning
CG
MLS #
D6147296

Utilities

Utilities
Electricity Available, Public, Water Connected
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-04-30
On market date
2026-04-30
MLS area
34223 - Englewood
Status changed
2026-04-30
Tax legal description
COM NW COR SEC 31 TH S-0-42-11-W 938 FT TH S-89-11-49-E 50 FT FOR POB TH S-89-11-49-E 290 FT TH N 121.4 FT M/L TH W 290 FT M/L TH S 120.1 FT M/L TO POB BEING PART OF BLK 6 PROSPECT PARK

Location

Directions

From the intersection of SR776 (Indiana Ave) and Dearborn Street, head south on SR776 one block to property on left.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 1, 2026 at 5:12 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

Get Market Insights Delivered

Weekly Central Florida CRE updates — cap rates, new listings, market trends, and investment opportunities. No spam, unsubscribe anytime.