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$1,950,000
HOA: NoneTaxes: $6,863/yr427d on market

348 W DEARBORN ST, ENGLEWOOD, FL, 34223

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💡 Price recently reduced — this could be a great opportunity to negotiate.

Acreage
Lot Size
0.96 acres
Lot Sqft
42,200 sqft
Lot Features
Buildable, Central Business District, Curb And Gutters, Historic District
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 12% ($275,000 off original)
  • 427+ days on market — seller may be motivated

Buyer Insights are informational only — always verify with your agent.

UNIQUE LOCATION WITH BOLD EXPOSURE - CENTRALLY LOCATED ON DEARBORN STREET IN THE HEART OF OLD ENGLEWOOD VILLAGE. THIS IS ALMOST A FULL ACRE OF LAND ZONED COMMERCIAL GENERAL WITH MIXED LAND USE, POSITIONED WITHIN THE "MAIN STREET OVERLAY DISTRICT". This specialty zoning modifies some existing zoning standards for the purpose of encouraging property owners to create a more traditional downtown environment. 150 FEET OF FRONTAGE WITH EXISTING PARKING AVAILABLE DIRECTLY ON DEARBORN STREET. Defined access is in place off of Orange Street. Take advantage of the "MIXED USE ALLOWANCE". ENVISIONING OPPORTUNITIES IS A SKILL. IMAGINE ON THIS PROPERTY - BOUTIQUE HOTEL - MICROBREWERY- RESTAURANT WITH ROOF TOP LOUNGE - GARDEN DELI WITH ATRIUM SEATING - RETAIL SPECIALTY SHOPPS WITH LIVING UNITS ABOVE. Dearborn Street is currently home to indoor/ outdoor dining, live music venues, specialty shops, art centers, yoga / exercise studio & coffees shops. This downtown area is host to numerous planned activities: music festivals, culinary events, art shows, Halloween and Christmas activities! One of the largest and well attended FARMERS MARKET takes place on this property and directly across the street at PIONEER PLAZA and BANDSHELL during seasonal months - October through May. This natural overflow will guarantee your maximum visibility and appeal for this location, attracting locals and visitors alike looking for new and exciting experiences. THERE IS NO DUPLICATING THIS PROPERTY WITH THE NATURAL BEAUTY AND EXCEPTIONAL LOCATION. LEAD WITH VISION-AQUIRE ALL THE FUTURE POTENTIAL AND LONG TERM SUCESS WITH THIS EXTRAORDINARY PROPERTY. CALL FOR MORE INFORMATION AND A WALKING TOUR. AND MARKED IN A X FLOOD ZONE. These are two separate parcels, being sold together at listed price.

Subdivision
County
Sarasota
Zip Code
34223
Community
Lampps Sub

Neighborhood

Map unavailable

Type
Land
Living Area
Construction
Roof
Flooring
Pool
None
HOA
None
  • Buildable
  • Central Business District
  • Curb And Gutters
  • Historic District
  • Landscaped
  • Oversized Lot
  • Sidewalk
  • Bb/hs Internet Available
  • Electricity Available
  • Sewer Available
  • Water Available
Bedrooms
Bathrooms
0
Year Built
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Heating
Waterfront
No
Pet Restrictions
Lot Size
0.96 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$6,863
No HOA fees on this listing.
Down Payment20% — $390,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$9,860
HOA Fee
$0
Est. Property Tax
$572
Est. Insurance
$650
Total Est. Monthly Cost$11,082

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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