Property
ActiveCommercial
1/60
$975,000

501 S INDIANA AVENUE

Englewood, FL 34223
0
Beds
0
Baths
4,851
SqFt
0.67
Acres
STELLAR
#C7524449
Updated: May 12, 2026, 4:23pm

Property 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.
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Property Details

Interior
Accessibility Features
Accessible Approach with RampAccessible DoorsAccessible Hallway(s)
Building Area Total
4200
Cooling
Central Air
Flooring
CarpetLaminateLuxury VinylTile
Living Area
4851
Window Features
Blinds
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
ConcreteVinyl Siding
Direction Faces
West
Foundation Details
Slab
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Stories Total
Yes
Year Built
1986
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Corner LotOversized Lot
Lot Size Acres
0.67
Lot Size Area
29170
Lot Size Square Feet
29170
Lot Size Units
Square Feet
Number Of Separate Electric Meters
3
Number Of Separate Water Meters
3
Parking Features
Common
Parking Total
31
Public Survey Range
20E
Public Survey Section
31
Road Frontage Type
Street PavedCounty Road
Road Responsibility
Public Maintained Road
Road Surface Type
PavedAsphalt
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
Electricity AvailablePhone AvailablePublicWater Connected
Vegetation
Trees/Landscaped
Water Source
Public
Zoning
OPI
Financials
Calculated List Price By Calculated Sq Ft
232.14
Contract Status Change Date
2026-04-27
Current Price
975000
Feed Types
BBO
Owner Name
RONALD M & EVELYN SEVERINO
Ownership
Fee Simple
Parcel Number
0854040001
Public Survey Township
40S
Tax Annual Amount
10815.84
Tax Block
Yes
Tax Book Number
2-13A
Tax Legal Description
LOTS 1 THRU 7 & W 1/2 OF VAC ALLEY ADJ TO E & N 1/2 OF VAC ALLEY ADJ TO S & LESS W 20 FT THEREOF FOR R/W ALSO LESS R/W FOR SR 776 DESC IN OR 2582/2495 BLK 1 & ALSO LOTS 1 THRU 5 & E 1/2 OF
Tax Lot
Yes
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34223 - Englewood
Subdivision Name
BAY VIEW MANOR
Listing provided courtesy of STELLAR via IDX. Updated: May 12, 2026, 4:23pm.
Brian Helgemo

Listing Agent

COMPASS FLORIDA

Call Agent