3475 S Suncoast BOULEVARD, Homosassa, FL, 34448 | $1,700,000

Prime Medical Office Building occupied by credit tenant Tampa General Hospital with an NNN lease, securing income through 2028 and the potential for a renewal. This freestanding Medical Office Facility, constructed from concrete block with stucco exterior, has undergone multiple improvements over the past 10 years. Positioned on 1. 04 acres of General Commercial property, it offers over 165 feet of frontage on US 19 with an attractive daily traffic count of 28, 000 (AADT), 25 dedicated parking spaces, and an additional 16 overflow spaces owned by the county.

The interior includes a waiting area, reception area, four restrooms, seven exam rooms with sinks, five private offices, a storage/file room, a lab room, a surgery room, and nurse station areas in the hallway. Centrally located, the property is surrounded by national retailers such as Publix, Winn-Dixie, and various national quick-service restaurants. The patient population within a 5-mile radius is approximately 31, 734 residents, with an average age of 55. 6 and healthcare expenditures exceeding $75 million annually. Nearby communities—including Floral City, Hernando, Beverly Hills, Lecanto, and Crystal River—are within a short 15-25 minute drive.

Recently, US 19 was expanded to six lanes, which is expected to increase future traffic. The extension of the Suncoast Parkway (SR 589) from SR 44 in Lecanto offers easy access to Tampa International Airport (1 hour 6 minutes, or 74. 7 miles away) and to surrounding counties such as Hernando, Pasco, and Hillsborough. Located within the rapidly growing Citrus County, part of the Tampa-St. Petersburg MSA—the 18th largest in the U. S. —the area has a population of 155, 582, growing at an annual rate of 1. 29%.

Citrus County, ranked as the 34th largest county in Florida, has significant growth potential, with over 60, 000 vacant parcels green-lit for development. Plans are also underway to expand utilities across the county and improve several major highways, including the recent completion of the 589-Toll Road extension to SR-44, with further expansions to CR-486 slated for early 2023.

Features

  • Property Type: Office
  • Construction: Block, Brick, Stucco
  • Utilities: Electricity Available
  • Garage: 19 to 30 Spaces
  • Levels: 1
  • Cooling: Central Air
  • Lot Size: 160 x 310
  • Year Built: 1988
  • Approx Sq. Feet: 6,230
  • Acreage: 1.04
  • Est. Taxes: $11,467
  • Lot Desc: Corner Lot, FloodZone
  • MLS#: OM687305
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/OM687305/3475ssuncoastboulevard_homosassa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 10/31/2024 11:44:10 PM)
Listing courtesy of CENTURY 21 J.W.MORTON R.E.   Phone: 352-726-6668

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3475 S Suncoast BOULEVARD, Homosassa, FL, 34448

$1,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,360,000 $1,360,000 $1,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.851% 6.704%
Monthly Tax Payment $956 $956 $956
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,708 $8,821 $11,847
Total Monthly Payment $9,789 $9,902 $12,928

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.