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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. Don't miss this opportunity! Schedule your private showing today!
Full Property Details
Full Property Details for 501 S Indiana Ave
General
- Price: $975,000
- Taxes: $10,815 (2025)
- Status: Active
- Type: Business
- Source: MidFloridaRegionalMLS
- MLS ID: C7524449
- Updated: Today (4/27/2026)
- Added to Site: Today
Rental Information
- Complex Features: Bathrooms, Lit Sign on Site
Interior
- Flooring: Carpet, Laminate, Luxury Vinyl, Tile
Parking
- Parking Features: Common
Location
- Area: 34223 - Englewood
- County: Sarasota
- Development Name: 34223 - Englewood
- Subdivision: BAY VIEW MANOR
- Driving Directions: St. Rd. 776 to S. Indiana Ave, property is on right at S. Indiana Ave and Selma Ave
- Direction Faces: West
Community
- Community Name: 34223 - Englewood
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Phone Available, Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete, Vinyl Siding
- Roof: Shingle
- Windows: Blinds
- Square Feet: 4,851
- Year Built: 1986
Lot Features
- Lot Size (Acres): 0.67
- Lot Size (Sq. Ft.): 29,170
- Lot Size: 29170
- Frontage: Street Paved, County Road
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $10,815.84
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: 854040001
- Property ID: 854040001
- Block/Lot/Section: 1
Listed by Compass Florida
Get Pre-Approved Today
Schools
Schools serving 501 S Indiana Ave
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Lemon Bay High School 2201 Placida Road, Englewood, FL 34224 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 S Indiana Ave
Date
Details
Price
Change
Source
4/27/2026
Listed
$975,000
186.76%
MLS
2/12/2002
Sold
$340,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 S Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,309
-19%
$797,600
-1%
2024
$10,268
25%
$803,400
53%
2023
$8,190
11%
$524,600
13%
2021
$7,374
-5%
$463,300
-7%
2022
$7,787
6%
$500,800
10%
2021
$7,374
7%
$453,400
7%
2019
$6,897
9%
$422,950
10%
2018
$6,327
2%
$384,500
3%
2017
$6,206
4%
$372,500
6%
2016
$5,979
5%
$351,600
9%
2015
$5,689
4%
$323,800
5%
2014
$5,454
2%
$308,000
3%
2013
$5,329
—
$297,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 S Indiana Ave
501 S Indiana Avenue, Englewood, FL 34223 (MLS# C7524449) is a Business property. 501 S Indiana Avenue is currently listed for $975,000 and was received on April 27, 2026. Want to learn more about 501 S Indiana Avenue? Do you have questions about finding other Business real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

