37814 Medical Arts COURT, #37814, Zephyrhills, FL, 33541 | $1,690,000

NOW AVAILABLE FOR PURCHASE! SOLID BUILT 7, 733 SQ FT BLOCK AND BRICK CONSTRUCTED PROFESSIONAL OFFICE BUILDING LOCATED IN THE TOWNVIEW MEDICAL ARTS COMPLEX! A NEW and EXCELLENT opportunity for the owner user and/or investor. Features of this property include 4 individual office suites all individually metered for electric and water, and currently two of the units are leased to local credit tenants for rental income. UNIT 37814 - 2, 500 Sq Ft / currently leased to a primary care medical services tenant with a beautiful interior recent renovation. UNIT 37810 - 1, 500 Sq ft / is currently vacant featuring more of a professional office layout with reception, several individual offices, breakroom, bathroom, and a former larger room that was previously used for x-ray services. UNIT 37806 - 1, 250 Sq Ft / currently leased to a dental practice tenant and the unit has been also recently beautifully renovated. UNIT 37802 - 2, 483 Sq Ft / is currently vacant and previously set up for laboratory services featuring a reception area, large waiting room, multiple exam rooms that also can serve as offices, two restrooms, breakroom, and larger work space area. All units feature a rear staff/employee entrance and there is a rear employee sidewalk for tenant use. Each tenant is responsible for their own separately metered electric and water utilities, and the CAM charge to tenants are proportionally divided for grounds maintenance, property insurance, trash, and real estate taxes. Very ample parking since the property is a corner lot featuring approximately 52 parking slots or approximately a 1 slot to 148 sq ft parking ratio. The building exterior and metal roof has just recently been repainted and the parking lot has been well maintained. Currently zoned Commercial 2 in the City of Zephyrhills jurisdiction. Per the seller there are no use restrictions other than the current zoning allows providing for a multitude of business use opportunities. Pylon signage available on the corner of US 301 (Gall Blvd) and Medical Arts Ct. Located in the main retail, shopping, and trade corridor area of Zephyrhills. Commercial anchor neighbors include Hobby Lobby, Wal-Mart, Lowe's, and just across the street from Advent Hospital. THIS IS AN EXCELLENT OPPORTUNITY TO ESTABLISH YOUR BUSINESS HERE AND COLLECT RENTAL INCOME! Shown by appointment. . . . contact listing agent for more financial details and to schedule a tour! Offered at $1, 690, 000 or approximately $219 per sq ft for this well constructed and rental income opportunity!

Features

  • Property Type: Office
  • Construction: Block, Brick, Stucco
  • Utilities: BB/HS Internet Capable, Public
  • Garage: Common
  • Heating: Central
  • Cooling: Central Air
  • Year Built: 1994
  • Approx Sq. Feet: 7,733
  • Acreage: 0.92
  • Est. Taxes: $14,012
  • Lot Desc: Corner Lot, City Lot, Near Public Transit
  • MLS#: TB8317354
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/TB8317354/37814medicalartscourt_zephyrhills_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 11/14/2024 10:17:18 AM)
Listing courtesy of BINGHAM REALTY INC   Phone: 813-788-2759

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NMLS Mortgage Loan Originator ID 16953

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37814 Medical Arts COURT, #37814, Zephyrhills, FL, 33541

$1,690,000

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 $1,352,000 $1,352,000 $1,352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.250% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.360% 6.956%
Monthly Tax Payment $1,168 $1,168 $1,168
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,769 $8,325 $11,964
Total Monthly Payment $10,062 $9,618 $13,257

* 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.