Description

Three commercial parcels totaling approximately 1.5 acres featuring a +9,164 square foot medical office building comprised of nine individual suites. The property is currently configured for multi-tenant use but can also accommodate a single owner-user with multiple suites. Recent capital improvements include HVAC systems replaced in 2023 and 2024. Strategically positioned on a high-visibility corner at Englewood Road (SR 776) and Keyway Place, the property offers approximately 400 feet of frontage along SR 776, along with two existing parking areas and an additional vacant parcel suitable for expanded parking or future development. Currently zoned OPI (Office, Professional, Institutional), the property allows for a variety of medical and professional uses, with potential for future rezoning to retail or mixed commercial uses, presenting a compelling opportunity for investors and developers seeking long-term upside. This site is further enhanced by its inclusion in Sarasota County's 2030 infrastructure plan, which proposes widening Keyway Place into a dual-lane divided roadway, incorporating a signalized intersection at SR 776, and establishing a future connection to US-41. These planned improvements are expected to significantly increase traffic flow, accessibility, and exposure-driving additional residential growth and tourism traffic toward the surrounding beach communities. Located within a rapidly expanding corridor influenced by nearby Wellen Park development, this property is well-positioned to benefit from continued population growth, increased demand for commercial services, and long-term appreciation potential.